EU allocates additional funds worth 18.9 million euros to Moldova, encourages private investments
The European Union has announced the allocation of additional financial support to Moldova, amounting to 18.9 million euros, through the Reform and Economic Growth Mechanism. The decision follows the European Commission's recognition that the Moldovan authorities have met more reform indicators in key areas, including the energy market. At the same time, Brussels has called on the European and Moldovan business community to invest in the country's economy.
European Commission President Ursula von der Leyen said that Moldova stayed firmly committed to the path of reforms and European integration.
“Moldova continues to meet the reform agenda and show commitment to its European path. I am pleased to see steady progress in reforms in essential areas, such as energy security in the electric power sector. Investing in the economic growth of Moldova is an investment in European integration. A strong Moldova means a stronger Europe. The European Union remains firmly committed to supporting Moldova at every stage of its path towards EU accession,” emphasized the EU official.
For her part, European Commissioner for Enlargement Marta Kos said that the installment provided conveyed a strong signal about Moldova's commitment to continuing reforms.
“The first installment from the Reform and Growth Mechanism for Moldova conveys a strong signal about Moldova's commitment to implementing the necessary reforms for economic growth and European integration. At the same time, we urge investors to invest in Moldova—a country that shows determination and makes sustained efforts on the path to EU accession,” said Kos.
According to the European Commission, the additional funds add to the 270 million euros already disbursed in 2025. In total, Moldova is set to benefit from up to 1.9 billion euros through the Reform and Economic Growth Mechanism during 2025-2027.
The decision by the European Commission was made after the Moldovan authorities had met four reform indicators, including the development of open and competitive electricity and natural gas markets, as well as adopting measures to strengthen energy security.
Apart from the energy sector, Moldova continues to make progress in justice, combating corruption and fighting organized crime—sectors considered fundamental for advancing towards EU accession.
To stimulate private sector’s involvement, the European Commission has launched a call for expressions of interest addressed to companies in the European Union, the European Economic Area and Moldova. The initiative aims to build a portfolio of transformative private investments that could benefit from financial support on behalf of the Commission and partner international institutions, such as the European Investment Bank and the European Bank for Reconstruction and Development.
The Growth Plan for Moldova, presented by the European Commission in October 2024, provides for financial support of up to 1.9 billion euros during 2025-2027, the largest European support package ever provided to the country. Between 2021 and 2025, Moldova has already benefited from over 1.2 billion euros in grants, including for energy security, social support for households and justice reforms.
Through these programmes, Brussels aims to support the gradual integration of Moldova into the European single market and accelerate preparations for European Union accession.
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