Serbia's EU Funds in Jeopardy Amid Democratic Concerns

Serbia stands to lose access to approximately €1.5 billion in European Union funds if it fails to address democratic concerns, warned EU Enlargement Commissioner Marta Kos on Monday.

Following recent observations of electoral violence and irregularities, the EU is assessing whether Serbia is meeting conditions tied to financial aid eligibility. The European Commission's worries include compromised judicial independence and media interference.

This development comes as the EU intensifies efforts to integrate Balkan nations. Serbia, while claiming intent to join the EU, maintains close ties with Russia, raising further apprehensions about its political trajectory.

(With inputs from agencies.)