Nis (Serbia), Oct 29 (SocialNews.XYZ) EU pledged to allocate 165 million euros ($165 million) to aid Serbia amid the ongoing energy crisis, President of the European Commission Ursula von der Leyen said.
She made the remarks on Friday after she met with Serbian President Aleksandar Vucic at a gas infrastructure construction site near the city of Nis in Serbia.
Vucic and Von der Leyen toured the construction work at the Serbia-Bulgaria gas interconnector, which should be completed by September 2023, the Serbian President's office said in a statement.
THe European Commission President called on Serbia to join the EU's joint procurement of natural gas and highlighted the importance of diversification of gas procurement as well, Xinhua news agency reported.
THe Serbian President hailed that the EU allocated support worth 500 million euros for the Western Balkans, related to investments in electrical transmission interconnection between countries in the region, and the EU co-financed the construction of natural gas pipeline interconnector with Bulgaria. (1 euro = 1 US dollar)
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.