The Moldovan Government approved a draft law granting state guarantees for a €400 million loan from the European Bank for Reconstruction and Development (EBRD), allowing Energocom to buy gas at advantageous prices and strengthen the country’s energy security.
Government spokesperson Daniel Voda described the decision as a responsible and necessary measure, emphasizing that it ensures Moldova can meet its energy needs, especially ahead of the winter season.
Vodă rejected public accusations of fraud or lack of transparency regarding the loan guarantee, calling them false narratives orchestrated by individuals and political groups with foreign affiliations. “Bank frauds ended with the Plahotniuc-Dodon regime, which included former Prime Minister Ion Chicu, who is now spreading disinformation about Energocom,” Voda stated.
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He explained that the EBRD loan is structured in installments based on actual needs and carries an insignificant risk of repayment by the state, according to the bank and financial experts. The loan does not involve shady intermediaries or guarantees to obscure entities.
The spokesperson also highlighted that the bill granting the state guarantee underwent public consultations, and interagency review, and received the approval of the Competition Council. The measure allows Moldova to access the EBRD funds for strategic purchases of gas and electricity, which would otherwise be inaccessible without the guarantee.
Vodă noted that legal exemptions included in the bill were designed to prevent price hikes and market speculation during the cold season. “This topic affects national security, and we must counter disinformation with clear, factual arguments,” he stressed.
The Government approved the draft law on Thursday and will now submit it to Parliament for debate and voting.