RSS   Newsletter   Contact   Advertise with us

Macedonia to get 110 million euros from EU for infrastructure

Staff Writer | June 17, 2017
The European Union (EU) has decided to allocate over 110 million euros ($123.1 million) for infrastructural projects in Macedonia, Macedonias deputy Prime Minister for European Integration, Bujar Osmani told local media Friday.
Macedonia road
Europe   Western Balkan Investment Framework
The executive board of WBIF (Western Balkan Investment Framework) based in Stockholm, Sweden, has unblocked the financial aid of the European Union for Macedonia, Osmani confirmed.

The funds have been unblocked as a result of the political climate in the country, Osmani told reporters.

Macedonias deputy PM further explained that 75 million euros will go for Corridor 8 railway, over 27 million euros for the road linking Gostivar to Kercova and 7 million euros for the road which links the border crossing point of Deve Bair with Bulgaria and the border town of Kriva Palanka.

In the recent years, the European Union blocked the funds for different projects in FYROM, issuing a signal that the country should hold free and fair elections, local media reported.