Application for EU money in August, "economy to get worse"

Application for EU money in August, "economy to get worse"

Serbia will seek to accurately assess the extent of damages caused by the massive flooding, since the amount of funds that can be obtained from the Solidarity Fund will depend on that, the ministry stated.

The participants in the meeting agreed that the economic situation in Serbia and in the region is quite complex and after the floods, it may deteriorate even further.

It was proposed that the European Union considers extending a more significant economic, financial and political support for the region, the statement said.

Dačić thanked for the aid the European Union has given Serbia in this time of need, adding that as a candidate for membership of the European Union, Serbia is entitled to apply for funds from the EU Solidarity Fund under the same conditions as any of the member states.

He said that Serbia’s full membership of the European Union is the top priority for the Serbian government.

Serbia is committed to implementing reforms in all fields, particularly in the area of the rule of law, internal affairs, protection of human rights and the rights of minorities, he said.

“Opening negotiations on specific chapters as soon as possible would give a new momentum to our process of coming closer to the European Union. It is important is for us to open negotiations on Chapter 32, which regards financial control and is vital for the overall reform process in Serbia, as soon as possible,” the release quoted Dačić as saying.