Stabilisation and Association Agreement between the EU and Croatia

Article 105
Regional and local development
The Parties will strengthen regional development co-operation, with the objective of
contributing to economic development and reducing regional imbalances.
Specific attention will be given to cross-border, trans-national and interregional co-operations.
To this end, the exchange of information and experts may be undertaken.
TITLE IX
FINANCIAL COOPERATION
Article 106
In order to achieve the objectives of this agreement and in accordance with Articles 3, 107
and 109 Croatia may receive financial assistance from the Community in the forms of grants
and loans, including loans from the European Investment Bank.
Article 107
Financial assistance, in the form of grants, shall be covered by the operation measures
provided for in the relevant Council Regulation within a multi-annual indicative framework
established by the Community following consultations with Croatia.
The overall objectives of the assistance, in the form of institution-building and investment,
shall contribute to the democratic, economic and institutional reforms of Croatia, in line with
the Stabilisation and Association process. Financial assistance may cover all areas of
harmonisation of legislation and all co-operation policies of this agreement, including Justice
and Home Affairs. Consideration should be given to the full implementation of the
infrastructure projects of common interest identified in the Protocol 6.
Article 108
At the request of Croatia and in case of special need, the Community could examine in coordination
with international financial institutions, the possibility of granting on an
exceptional basis macro-financial assistance subject to certain conditions and taking into
account the availability of all financial resources .
Article 109
In order to permit optimum use of the resources available, the Parties shall ensure that
Community contributions are made in close co-ordination with those from other sources such
as the Member States, other countries and international financial institutions.
To this effect, information on all sources of assistance shall be exchanged regularly between
the Parties.
59