Five Western Balkan states aspiring to EU will offer to allow scrutiny of their annual budget plans
Bloomberg - 04.04.2011
Five Western Balkan states aspiring to European Union membership will offer to allow scrutiny of their annual budget plans before they become full members in exchange for possible backing on credit markets. Albania, Bosnia, FYR Macedonia, Montenegro and Serbia will ask for official approval of their spending plans, Serbia’s Deputy Prime Minister Bozidar Djelic said today in Belgrade. If the European Commission deems them sustainable, the countries hope to receive financial guarantees from the bloc when applying for sovereign loans, he said.
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