Moldova to get first installment of 100-million-euro support from EU

13:56 | 23.11.2017 Category: Economic

Chisinau, 23 November /MOLDPRES/- Moldova will get in the first half of 2018 the first installment of 100-million-euro support from EU. European Commissioner for Neighborhood Policy and Enlargement Negotiations Johannes Hahn made the statement at a meeting with journalists participating in the Eastern Partnership Summit.

A memorandum to this effect will be signed at a today’s meeting with Prime Minister Pavel Filip. The macro-financial assistance programme for our country sees that 40 million euros will be provided as grant, and 60 million euros – as loan.

Disbursements will be made in 2018 in three equal installments, depending on the progress in implementing the 28 conditions imposed by the EU, which include combating corruption, energy and financial reforms.

The government has previously approved a decision on signing the financing agreement between Moldova and EU on macro-financial assistance of 100 million euros.

(Reporter A. Ciobanu, editor M. Jantovan)

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