Serbia's EU Funds in Jeopardy Amid Democratic Concerns
Serbia risks losing €1.5 billion in EU funds due to concerns about democratic practices. EU Enlargement Commissioner Marta Kos warns of democratic backsliding in Serbia, citing violence during elections and judiciary independence issues. The EU scrutinizes Serbia's commitment to reforms critical for its EU integration.
- Country:
- Belgium
Serbia stands to lose access to approximately €1.5 billion in European Union funds if it fails to address democratic concerns, warned EU Enlargement Commissioner Marta Kos on Monday.
Following recent observations of electoral violence and irregularities, the EU is assessing whether Serbia is meeting conditions tied to financial aid eligibility. The European Commission's worries include compromised judicial independence and media interference.
This development comes as the EU intensifies efforts to integrate Balkan nations. Serbia, while claiming intent to join the EU, maintains close ties with Russia, raising further apprehensions about its political trajectory.