Prime Minister Dorin Recean and European Commissioner for Enlargement Marta Kos signed Moldova’s €1.9 billion Growth Plan agreement, marking a major step forward in the country’s path to European integration. President Maia Sandu and Parliament Speaker Igor Grosu attended the signing ceremony in Chisinau.
Prime Minister Recean called the agreement historic and emphasized that the financial support will modernize Moldova’s institutions, accelerate reforms, and fuel economic growth.
“The Growth Plan lays out an ambitious agenda to modernize our institutions across all sectors. The investments will boost the national economy and improve people’s quality of life. These are concrete national projects that, without European support, would take decades to complete.”
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“By signing this agreement, the European Union demonstrates its friendship and solidarity with Moldova. We are advancing in the accession process and have earned the trust of our European partners. With external solidarity and internal unity, we will prepare Moldova to join the EU in four years. Moldova can do it,“ Recean said.
Commissioner Marta Kos praised Moldova’s progress toward EU membership and highlighted the strategic importance of the aid.
“This agreement is not just a document. It is an investment in Moldovan citizens. We aim to double the size of Moldova’s economy. I look forward to seeing the results of this Growth Plan. We want Moldova in the European Union. Until then, we will support you in raising living standards,“ Kos said.
President of the European Commission Ursula von der Leyen first announced the €1.8 billion aid package during her visit to Chisinau on October 10, 2024. The package includes over €400 million in grants, with the rest as soft loans. The EU later increased the total support to €1.9 billion.