Western Balkans Summit
EIB President Hoyer will attend the “Western Balkans Summit”, an event that will bring together heads of state or government from EU member states and leaders from the 6 Western Balkans partners (Albania, Bosnia and Herzegovina, Serbia, Montenegro, FYROM and Kosovo) to reaffirm the EIB long-standing commitment in the region. Since 2007 the EIB Group has financed projects in the Western Balkans for about EUR 8bn, supporting key connectivity infrastructures, private sector-led growth and job creation, thus to improve people’s lives. In 2016, the EIB further intensified its support to the region by launching the Economic Resilience Initiative (ERI) committing nearly EUR 700m of financing.
The summit will focus on “connectivity”- related to transport, energy and digital infrastructure, including its human aspect - to build stronger connections with the Western Balkans and within the region, in view of tackling common challenges, such as security, migration and geopolitical developments.
The event will be hosted by Boyko Borissov, Prime Minister of Bulgaria and chaired by the President of the European Council, Donald Tusk. The President of the European Commission, Jean-Claude Juncker, the High Representative for Foreign Affairs and Security Policy, Federica Mogherini and the Commissioner for European Neighbourhood Policy and Enlargement Negotiations, Johannes Hahn, are also expected to be present.
EIB in the Western Balkans: highlights
When Srbijanka Stojanović started working at a nurse in Serbia’s third-largest city, there were big plans for a new, state-of-the-art hospital in Niš.
Montenegro's railway was the largest and most expensive infrastructure project in the former Yugoslav federation. But now it has fallen into decay. With the European Investment Bank's help, the railway plans a comeback.
Back in January 1986, Ilija Pavlickovski took out a lease on a small bakery in Šuto Orizari, the second-smallest municipality of Skopje. An EIB-funded loan helped his bakery grow and diversify. His company has now become a nationally recognised brand.