Overview

• Western Balkan leaders agree to speed up regional cooperation and reforms to benefit from a new EU financial aid plan.
• The EU's plan aims to provide 6 billion euros over three years to double the region's economy and fast-track EU membership efforts.
• Reforms include unifying financial regulations, adapting customs procedures, and creating joint border crossings.
• Bilateral disputes, such as Serbia's non-recognition of Kosovo's independence, are urged not to hinder the growth plan's implementation.
• The initiative is seen as a recognition of the Western Balkans' long-term efforts towards a shared European future and presents a challenge to demonstrate readiness for EU membership.