The EIB has been active in the Western Balkans since 1977, while the first operation in Kosovo* was signed in 2007.
In June 2013, we signed a Framework Agreement with Kosovo to finance priority projects, particularly in the areas of the environment, transport, telecommunications and energy infrastructure, all vital for the country’s development.
Our involvement facilitates the co-financing of projects with other donors and support the implementation of the Western Balkans Investment Framework (WBIF) and the Western Balkans Enterprise Development and Innovation Facility (WBEDIF).
We also financed the modernisation of national railways to integrate it into the Orient/East-Mediterranean Core Network Corridor, linking the Western Balkans to Austria, Greece and Bulgaria, which is part of the Trans-European Transport network (TEN-T). Besides promoting connectivity in the region and with the EU, the project helps to improve passengers’ experience, freight capacity and to reduce CO2 emissions, thus bringing benefits to the environment and, ultimately, people’s lives.
* This designation is without prejudice to the positions expressed by the EU Member States on Kosovo’s status and is in line with United Nations Security Council Resolution No. 1244/1999 and the International Court of Justice Opinion of 22 July 2010 on Kosovo’s declaration of independence.