The European Parliament, the European Commission, and the European Council agreed on a €1.9 billion Growth Plan for the Republic of Moldova. This financial support package will boost the economy, speed up reforms, and strengthen Moldova’s path toward the EU.
In this context, European Commissioner for Enlargement Marta Kos emphasized the significance of this commitment, highlighting the European Union’s role as a reliable partner for Moldova.
“In turbulent times, trusted friends matter. We have just concluded negotiations on Moldova’s Growth Plan: €1.9 billion to stimulate economic growth, strengthen reforms, and anchor a free Moldova in the European Union.
This demonstrates that the EU is a reliable partner for the people of Moldova,” stated Marta Kos.
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The President of the European Parliament, Roberta Metsola, also welcomed the agreement, stressing its positive impact on Moldova’s population and European trajectory. In a post on platform X, Metsola stated:
“Europe is investing in Moldova as the country accelerates its economic integration and reforms. I welcome tonight’s agreement on the Moldova Facility, which will allow the people of Moldova to start benefiting from the transformative effects of EU membership.”
It is worth recalling that on October 10, 2024, European Commission President Ursula von der Leyen announced that the EU would provide Chisinau with €1.8 billion in financial assistance during her visit to the Republic of Moldova.
EU member states agreed to allocate €520 million in grants—an increase of €100 million compared to initial proposals—alongside €1.5 billion in low-interest loans. This adjustment ensures that Moldova can implement reforms without accumulating unsustainable debt.