EU Approximation Important for Solving Social Problems

The Minister of Finance Mirko Cvetkovic said today that once the Stabilization and Association Agreement is ratified, Serbia will be eligible to receive EUR250mn from EU funds a year for resolving its social problems.
The Minister of Finance Mirko Cvetkovic said today that once the Stabilization and Association Agreement is ratified, Serbia will be eligible to receive EUR250mn from EU funds a year for resolving its social problems.

That is why approximating the European Union is important for mitigation of social problems, which are extensive in Serbia, Cvetkovic told Beta news agency and commented that this aspect of EU integrations is rarely mentioned in public.

”The estimates are that the annual amount available from the European Union’s social funds may be around EUR250m, if we take Bulgaria and the funds it received as reference”, Cvetkovic said.

Social funds, which will be available to Serbia after ratification of Stabilization and Association Agreement and transition to the next step of EU integrations, are used for subsidies to boost employment and deal with redundancy, employment of disabled persons and gender equality issues.