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Friday, October 28, 2022

EU to provide Albania €80 million to tackle energy crisis

The European Union will provide €80 million ($79.7 million) in grants to Albania to tackle energy crisis, says European Commission President Ursula von der Leyen.

• October 28, 2022
European Commission President Ursula von der Leyen

The European Union will provide €80 million ($79.7 million) in grants to Albania to tackle energy crisis, says European Commission President Ursula von der Leyen.

Ms Von der Leyen said the energy support package was part of the support package of €500 million that the EU would provide the Western Balkan countries to help overcome the energy crisis and as investments in energy connections.

The EU Commission chief, during a joint press conference with Albanian Prime Minister Edi Rama, underlined that the immediate batch of the package would support Albanian families and small businesses in this difficult time.

She added that it would also help the country to address the impact of high energy prices.

Earlier on Thursday, together with Rama, Von der Leyen visited the working sites to construct a railway line that will connect the capital city Tirana with the port city of Durres and the International Airport of Tirana.

The project is financed by the European Bank for Reconstruction and Development and is expected to finish by 2024.

Albania is the second stop for Von der Leyen on her Western Balkans tour following her visit to North Macedonia on Wednesday.

She is also scheduled to travel to Bosnia and Herzegovina, Serbia and Montenegro. 

(Xinhua/NAN)

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