The EU: a Million BAM for 250 new Jobs in BiH
The European Union funded the Local Integrated Development” (LID) project, which is implemented by the United Nations Development Programme (UNDP) in Bosnia and Herzegovina: it has the aim of supporting technological development and implementation of new investments in small and medium industries. The granting of a loan of 1.6 million is aimed at increasing competitiveness, creating new jobs and widening the market. Ms. Genoveva Ruiz Calavera, Director for the Western Balkans at the Directorate-General for European Neighbourhood Policy and Enlargement Negotiations of the European Commission, said that this plan will allow internal authorities to improve the country’s living standards.