EU approves providing 30-million-euros-worth installment of macro-financial assistance for Moldova
15:14 | 10.10.2019 Category: Economic
Chisinau, 10 October /MOLDPRES/ - The European Commission today approved the providing of an installment worth 30 million euros of the macro-financial assistance meant for Moldova.
A press release by the European Commission reads that this is the first out of the three payments planned within the macro-financial assistance programme for Moldova, adopted in September 2017. The programme, amounting to up to 100 million euros, is conceived to help Moldova in the reforms’ implementation.
European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici has said that “this payment is an expression of the support for the implementation of the key reforms, for the improvement of the democratic standards and for the protection of the rule of law state in Moldova.”
„The European Commission is prepared to continue the close cooperation with the Chisinau authorities, in order to help carry out a wide set of economic and structural reforms necessary for providing jobs, increasing investments for the benefit of Moldova’s citizens,” Moscovici noted.
The providing of the first installment of the macro-financial assistance was put in standby in June 2018.
In last July, Moldova received an installment worth 14.5 million euros from the European Union in form of budgetary support.
