Abstract

In its overall policy the European Union is fully focused on the regional cooperation program and development of the Western Balkans, particularly regarding the EU enlargement policy. These countries have access to EU capacities through numerous financial support programs and technical assistance to enable the economic development and prosperity of the countries, their political stability and security. The aim of the paper is to show how these support programs to the institutions and organizations contribute to the development of the Republic of Serbia in the regional development and cooperation in the Western Balkans. To resolve the issues of mutual concern regarding unfavorable economic situation in most countries of the Western Balkans, financial support is vital what is exactly the purpose and aim of the EU support programs. Through the regional support programs, as well as the incentives to the countries to improve their regional cooperation, EU simplifies the access to loans. It is conducted by uniting and coordinating different sources of funding and technical assistance. Moreover, it provides the support to the administration and implementation of the CBC program. In this way the institutional and organizational capacities, regional and social infrastructure, as well as regional initiatives between the countries of the Western Balkans are improved.

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