According to Serbian Economist, Bosnia and Herzegovina will receive €140.5 million in grant funding from the European Union following the country’s Presidency’s ratification of the IPA III package for 2025–2027.
The EU Delegation to Bosnia and Herzegovina announced the completion of the ratification on July 25. The funds are intended to bring the country’s legislation and institutions into line with European standards, support economic development, and implement reforms.
“The European Union remains Bosnia and Herzegovina’s most consistent partner,” the EU Delegation stated in its announcement.
The funding is provided under the Instrument for Pre-Accession Assistance (IPA III). According to the program approved by the European Commission, of the total amount, 30 million euros are allocated for 2025, 38.5 million euros for 2026, and 72 million euros for 2027. All funding is in the form of grants and does not require repayment.
The program covers four main areas: the rule of law, fundamental rights, and democracy; public administration and the alignment of legislation with EU standards; the “green” agenda and sustainable infrastructure; and enhancing competitiveness and inclusive economic growth.
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In 2024, nearly 31.6 million jobs in European Union countries were supported by final demand for European goods and services from non-EU countries, Eurostat reported on July 20, 2026.
This figure represents 14.4% of total employment in the European Union. In 2010, external demand supported 22.6 million jobs, or 11.5% of employment. Thus, over the course of 14 years, the number of jobs linked to foreign consumers increased by approximately 9 million.
Gross value added generated in the EU as a result of final consumption and investment outside its borders rose from EUR1.3 trillion in 2010 to EUR2.788 trillion in 2024. Its share of the EU economy’s total value added rose from 13.3% to 17.2%.
The United States remains the largest external market for the European economy. U.S. demand supported approximately 6 million jobs in the EU, or 19.1% of all employment linked to final demand outside the bloc. The United States also accounted for EUR585.8 billion in value added—21% of the total.
The United Kingdom generated demand that supported 3.4 million jobs in the European Union, or 10.6% of the corresponding employment. China ranked third with 3.1 million jobs and a 9.8% share. However, in terms of value added generated, China, at EUR289.8 billion, outpaced the United Kingdom, which stood at EUR276 billion.
Swiss demand supported approximately 1.5 million jobs in the EU and generated EUR126.6 billion in value added.
Eurostat’s calculations are based on the FIGARO cross-country tables and take into account not only employees of companies that directly export products but also employment across the entire production chain—including suppliers of raw materials, components, and services. External final demand refers to goods and services purchased outside the EU for consumption or investment.
Eurostat also provides a broader measure of the impact of exports, which includes intermediate goods and services: in 2024, exports to countries outside the EU supported 32.9 million jobs, or 15% of total employment, and generated EUR2.905 trillion in value added.
The growing dependence of European employment on external markets highlights the importance of the EU’s trade relations with the United States, the United Kingdom, and China. Potential tariffs, trade restrictions, or a decline in demand in these countries could affect not only European exporters but also companies operating within their associated supply chains.
EMPLOYMENT, EUROPEAN UNION, Eurostat, EXPORTS, UNITED STATES
Tourists spent a total of 3.09 billion nights in hotels, hostels, and rented apartments in the European Union in 2025, according to final estimates from the EU’s statistical office.
This is 2.2% (66.4 million) higher than the 2024 figure and represents a record.
At the same time, the number of overnight stays by foreign visitors increased by 3.4% (49.7 million) last year, while for EU residents, this figure rose by 1.1% (16.7 million).
An increase in tourism activity was observed in 24 of the 27 EU member states. The most significant growth in tourist numbers was recorded in Malta (by 10.1%) and Poland (by 7.2%), while the number of overnight stays in Luxembourg decreased by 2.4%, in Romania by 1.7%, and in Ireland by 0.4%.
The most popular tourist destinations for foreigners were Spain (513.6 million overnight stays), Italy (476.9 million), France (471.7 million), and Germany (442.1 million). The least popular destinations were Luxembourg (3.6 million), Latvia (5 million), and Estonia (6.7 million).
The European Union may provide Ukraine with a grant to modernize the Shepit-Izvoarele Sucevei border crossing point on the border with Romania as part of the Interreg VI-A NEXT Romania-Ukraine 2021-2027 program, according to the press service of the Recovery Agency. According to the report, the program’s governing body has approved the selection of the BOND – Border Operations and National Development project. The project has been recommended for funding and may receive a grant of up to €690,900, which is 90% of the total project budget.
The Recovery Agency noted that BOND is the next stage of comprehensive work on opening the Shepit-Izvoarele Sucevei border crossing point, provided for by an intergovernmental agreement between Ukraine and Romania. Earlier, as part of the Romania-Ukraine 2014-2020 program, mirror infrastructure projects were implemented on both sides of the border – bridges and access roads were built, and flood protection measures were carried out on a 2 km section on the Ukrainian side and a 3 km section on the Romanian side.
As specified, the BOND project provides for the technical equipment of the checkpoint on both sides of the border, in particular the purchase and installation of specialized equipment for the safe and efficient operation of the checkpoint, as well as the development of a joint cross-border strategy for the development of border areas.
The Interreg NEXT “Romania-Ukraine” program for the period 2021-2027 is aimed at supporting cross-border cooperation and covers the border counties of Romania and the Zakarpattia, Ivano-Frankivsk, Chernivtsi, and Odesa regions of Ukraine.
BORDER, CHECKPOINT, EUROPEAN UNION, GRANT, MODERNIZATION, ROMANIA
One in six residents of the European Union lives in cramped housing, while approximately one in three lives in a household that is considered too spacious for the number of residents, according to Eurostat’s overview publication ‘Housing in Europe – 2025 edition’.
According to the statistics agency’s estimates, in 2024, about 17% of the EU population lived in overcrowded housing. The highest rates of ‘overcrowding’ were recorded in Romania (41%), Latvia (39%) and Bulgaria (34%).
The lowest rates of overcrowded housing were recorded in Cyprus (2%), Malta (4%) and the Netherlands (5%).
At the same time, about 33% of the EU population lives in ‘underoccupied’ housing – houses and flats that are considered too large for the number of people living in them.
The highest proportion of such households is in Cyprus (70%), Ireland (67%) and Malta (64%), and the lowest in Romania (7%), Latvia (10%) and Greece (13%).
Former head of the European Union delegation to Ukraine José Manuel Pinto Teixeira said that Ukraine is currently more ready to join the EU than a number of Western Balkan countries. He said this in an interview with Deutsche Welle. According to the diplomat, fears about the new stage of EU enlargement are exaggerated.
Teixeira noted that Ukraine has significant potential for the EU: it is a large country with natural resources, developed agriculture, and an educated and hard-working population that has demonstrated resilience and courage in the face of war. He stressed that Ukraine’s accession would be an “important acquisition” for the European Union in terms of territory, resources, and human capital.
The former ambassador recalled that Ukraine has made significant progress in the fight against “physical corruption” since the Revolution of Dignity, but such reforms always take a long time. He stressed that Ukraine remains a unique case in modern history: a country in the midst of a full-scale war is simultaneously carrying out reforms and moving towards European integration.
Teixeira pointed out that Ukraine continues to reform its public administration system amid constant Russian missile and drone attacks on civilian infrastructure. At the same time, Moscow, despite its status as a permanent member of the UN Security Council, is effectively avoiding international responsibility for its actions.
Assessing the prospects for EU enlargement, Teixeira said that the long preparation period for the Western Balkan countries does not in itself mean that they are more ready for accession than Ukraine. In his view, Kyiv is already ahead of a number of Balkan states in terms of its fulfillment of most of the key criteria, but must continue with reforms even after receiving candidate status.
He recalled that Ukraine is moving forward in the same “enlargement package” as Moldova and the Western Balkan states of Albania, Montenegro, Serbia, North Macedonia, Kosovo, and Bosnia and Herzegovina, which have been negotiating for many years but face chronic problems of the rule of law, corruption, and territorial disputes.
José Manuel Pinto Teixeira headed the EU Delegation to Ukraine from 2008 to 2012 and is now vice president of the European Center for Electoral Support (ECES) in Brussels.
