{"id":78863,"date":"2025-05-26T21:25:28","date_gmt":"2025-05-26T19:25:28","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=78863"},"modified":"2025-05-26T21:25:28","modified_gmt":"2025-05-26T19:25:28","slug":"eu-sanctions-have-cost-kosovo-over-e600-million","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/eu-sanctions-have-cost-kosovo-over-e600-million\/","title":{"rendered":"EU Sanctions Have Cost Kosovo Over \u20ac600 Million"},"content":{"rendered":"
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Kosovo continues to face serious financial and developmental consequences as a result of the European Union\u2019s punitive measures, imposed since June 2023. This was revealed in the latest report by the GAP Institute, titled \u201cThe Financial Impact of EU Sanctions on Kosovo.\u201d<\/em><\/p>\n

According to the report, approximately \u20ac613.4 million worth of projects have been suspended or indefinitely delayed, while \u20ac7.1 million have been permanently lost due to missed deadlines for initiating procedures related to the respective projects.<\/p>\n

The sanctions have directly affected EU\u2013Kosovo bilateral relations, halting key processes such as the suspension of work under the Stabilisation and Association Agreement (SAA) until May 2025, freezing of funds from the Instrument for Pre-Accession Assistance (IPA), exclusion from proposal reviews within the Western Balkans Investment Framework (WBIF), and non-participation in high-level events\u2014except those related to the northern situation and regional integration.<\/p>\n

The report highlights that the EU measures have hit hardest in areas crucial for the country\u2019s development:<\/p>\n

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    Environment: \u20ac350.7 million<\/p>\n<\/li>\n

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    Energy: \u20ac114.4 million<\/p>\n<\/li>\n

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    Digitalization: \u20ac57 million<\/p>\n<\/li>\n

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    Culture: \u20ac15 million<\/p>\n<\/li>\n<\/ul>\n

    Of the total affected amount, about \u20ac218 million are projects supported through IPA II and IPA III, while \u20ac395.5 million fall under the WBIF. Funding was to be provided via grants and loans, including around \u20ac421 million from the EU, \u20ac162 million from international financial institutions, and \u20ac31 million in self-financing.<\/p>\n

    Losses in Growth and Well-Being<\/strong><\/h3>\n

    GAP emphasizes that these suspensions and delays translate into missed opportunities for economic growth, reduced citizen welfare, and a weakened European integration outlook for Kosovo.<\/p>\n

    \u201cThe aim of this report is to provide an overview of the financial support Kosovo has received from the EU and to analyze the impact of the punitive measures, highlighting the losses and developmental consequences resulting from the suspension of projects and funds,\u201d the publication states.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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    <\/div>\n","protected":false},"excerpt":{"rendered":"

    Kosovo continues to face serious financial and developmental consequences as a result of the European Union\u2019s punitive measures, imposed since June 2023. This was revealed in the latest report by the GAP Institute, titled \u201cThe Financial Impact of EU Sanctions on Kosovo.\u201d According to the report, approximately \u20ac613.4 million worth of projects have been suspended […]<\/p>\n","protected":false},"author":23,"featured_media":78864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[163,1803],"tags":[308,243,151,5586,1949,3471],"acf":[],"yoast_head":"\nEU Sanctions Have Cost Kosovo Over \u20ac600 Million - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/eu-sanctions-have-cost-kosovo-over-e600-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU Sanctions Have Cost Kosovo Over \u20ac600 Million - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"Kosovo continues to face serious financial and developmental consequences as a result of the European Union\u2019s punitive measures, imposed since June 2023. 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