EU threatens Serbia with €1.5B fund loss

The European Union is threatening to withhold €1.5 billion in accession funds from Serbia due to its close ties with Russia. The warning, delivered by an EU commissioner, frames the potential financial loss as a consequence of Belgrade's foreign policy alignment. This move represents significant pressure from Brussels on Serbia to distance itself from Moscow. The funds are part of the EU's pre-accession assistance program aimed at supporting reforms in candidate countries.