The European Union in Kosovo has stated that it welcomes today's ratification of the agreements related to the Growth Plan by the Assembly of Kosovo.

In a media release, the EU announced that this paves the way for Kosovo to benefit from 882 million euros in grants and loans on favorable terms.

"This paves the way for Kosovo to benefit from 882 million euros in grants and loans with favorable terms, dedicated to implementing reforms that move Kosovo forward on its path towards European integration," the announcement says.

The Kosovo Assembly has approved international agreements with the European Union, known as the Growth Plan, today.