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EU to freeze 1.5 billion euros in funds intended for Serbia

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EU Enlargement Commissioner Marta Kos will announce at the European Parliament's Foreign Affairs Committee today that the EU will freeze 1.5 billion euros in funds intended for Serbia, due to controversial judicial reforms that Belgrade pushed through in January, as Politiko reported on April 10.

Politikov's Sebastijan Starčević learned that Kos is expected to say that "not a single cent of European funds intended to help Serbia align with the bloc will be paid to Belgrade, at least until the Venice Commission, a legal body of the Council of Europe, publishes an opinion on Serbian reforms."

This, an EU official told Politiko, is expected by the end of the month.

Politiko also writes about “Serbia’s downgrade”: a Serbian EU MP told Politiko earlier this month that Belgrade has promised to accept the Venice Commission’s recommendations, which could include changing or repealing laws. This is in line with Kos’ plans to demand that “Serbia align its judicial laws with the Venice Commission’s recommendations.”

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"The EU's patience with Serbia has worn thin in recent months, with a scathing progress report last November and warnings about a backsliding democracy and an anti-EU narrative in Belgrade. Serbia has received more than seven billion euros in funds and investments from the EU since 2000, but continues to maintain close ties with Russia," Politiko reports.

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