Monday, 7 December 2009

EU Earmarks € 3.5 Billion for Project in Croatia during First Two Years of Future Membership

Croatia, December 7 (CD) – The EU Ministerial Council has approved the European Commission proposal on Croatia being given €3.5 billion for its projects during the first two years of its EU membership.

In order for Croatia to be given these funds it needs to be able to manage the funds in line with the EU legislation.

However, the annual membership of the EU will cost Croatia €600 million per year.

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