Western Balkans

Thanks to a €500 000 cooperation agreement signed between the European Investment Bank (EIB Global), Republic of Kosovo*’s Ministry of Culture, Youth and Sport and the Local Public Enterprise “Pallati i Rinisë”, the EU bank will provide technical assistance for the reconstruction, conservation and restauration of the Palace of Youth and Sports in Prishtina. The project aims to transform the facility into a state-of-the-art, multifunctional center, while preserving the cultural heritage values, ready to serve as the competition and training venue for the XXI Mediterranean Games- Prishtina 2030 to be hosted by the Republic of Kosovo.

During High Representative for Foreign Affairs and Security Policy and European Commission Vice-President Kaja Kallas’ official visit to Albania, an EU financial package worth €90.5 million for the reconstruction of the Durrës – Rrogozhina railway section was signed by the European Investment Bank (EIB Global) and the government of Albania. The funds consist of a €60.5 million EU grant channelled under the Western Balkans Investment Framework (WBIF) and a €30 million EIB Global loan. The agreement was signed by EIB Global Director of the Enlargement and Neighbourhood Department Lionel Rapaille and Minister of Infrastructure and Energy of Albania Belinda Balluku, in the presence of Vice-President Kallas and Prime Minister of Albania Edi Rama.

At a ceremony held today at the European Investment Bank (EIB Global) headquarters in Luxemburg, EIB Vice-President Robert de Groot and Montenegro's Minister of Education, Science and Innovation Anđela Jakšić Stojanović have signed a grant agreement for €2 million. The funding is earmarked for the purchase of digital equipment for Montenegrin schools, to improve learning conditions and digital literacy among students and teachers.