Page added on October 25, 2005
Eight SE European countries will today sign an agreement with the EU to create a regional energy market in line with EU energy legislation. This is a first step towards integrating the sector into the internal energy market.
The ultimate aim of the project is the integration of Albania, Bosnia, Bulgaria, Croatia, Macedonia, Romania, Serbia, Kosovo and Turkey into the EU’s internal energy market. Moreover, the World Bank estimates that the treaty will trigger investments of around 21 billion euro in the next 15 years into the region’s energy infrastructure, thereby boosting the countries’ economies.
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