Moldova to borrow 60 million euros to modernize energy, railway system
Chisinau, Nov. 9 /MOLDPRES/- Moldova will get a loan worth 60 million euros by the French Development Agency. The parliamentary commission on foreign policy and European integration approved an agreement in this regard today.
Under the document, the money will be used to strengthen social protection programs, to mitigate the impact of rising gas prices and to adopt reforms to develop renewable energies. Also, the financial resources will be used for the adoption of a new railway transport code and the reform of the sector.
The loan to be contracted provides for a maturity of 15 years, including the five-year grace period. Its repayment will be made twice a year, in 20 equal installments. The loan will be disbursed in a single installment, the deadline is 13 October 2023.
Photo: serviciilocale.md
Facebook
Instagram
X/Twitter
Telegram
VIDEO // EBRD and EU to support modernization of Moldova’s irrigation infrastructure
VIDEO // Moldagrotech, Farmer 2026 exhibitions of Moldova to showcase solutions for improving agricultural efficiency
PHOTO GALLERY // Farmer from Briceni modernizes farm and prepares new investments in fruit growing
VIDEO // Moldova could import natural gas from Ukraine
EcoVoucher Programme: More than 3,300 families replaced old appliances with energy-efficient equipment
Railway of Moldova enterprise to increase freight transport tariffs by 15 per cent as of November 1
Moldova must accelerate investments under Growth Plan; EU Ambassador explains conditions for funding
EU seeks solutions to support Moldova in energy crisis, to mobilize other donors
Two internal customs posts from Chisinau to operate on weekends
Eugen Doga Chisinau International Airport serves over 761,000 passengers in last September
PHOTOS // Austria’s experience in protected areas' management, habitats' restoration studied by specialists of Moldova
PM invites European companies to invest in Moldova
Moldovan companies promote fruit at Fruit Attraction 2026 in Madrid
Moldova has nearly 243 MWh of energy storage capacity
VIDEO // Moldova's interior minister says two incidents involving Ukrainian border guards first recorded since beginning of war
Moldovan PM congratulates Romanian counterpart on assuming office as Romania’s prime minister
Moldovan president tells new Romanian government: “Romania can always count on us”
Moldovan Central Electoral Commission accredits 16 international observers for elections of Gagauzia's bashkan
Designated Romanian PM: “Romania must be Moldova’s main support in joining EU”
Yellow fog warning issued in Moldova; visibility to drop below 200 meters
PM has meeting with China's Ambassador to Moldova
National Bank of Moldova 
Implementation of Growth Plan for Moldova discussed with civil society, business community
PM has meeting with China's Ambassador to Moldova
Parliament speaker meets Ambassador of China to Moldova
Meeting between Deputy Prime Minister for Reintegration and delegation of ambassadors of Weimar format member states to OSCE
PM visits factories in two settlements of Moldova
Yellow fog warning issued in Moldova; visibility to drop below 200 meters
PM has meeting with China's Ambassador to Moldova
Parliament speaker meets Ambassador of China to Moldova
Prison sentences and fines of up to 125,000 lei for selling academic theses
Made in Moldova exhibition to take place on 27-31 January 2027
Republic of Moldova has four new ambassadors. Appointment decrees published in Official Journal
Moldovan students to participate in 24 national olympiads and competitions in 2027
CFM resumes rail imports of scrap metal after several years of interruption
Four state-owned enterprises to be put up for privatization again after failing to attract investors
Energy compensation could reach 670,000 families this winter
StratCom: False claim about drone factory coordinated and amplified on Telegram, feeding Russian narrative about “militarization of country”
National Army reservists strengthen military skills during training exercise
DOC // Currency operations to be simplified
Two Ukrainian border guards detained after illegally crossing Moldova’s border near Vasilcău
Prime Minister explains why Transnistrian region was not included in administrative-territorial reform
Moldovan MP says Foreign Affairs Ministry sends protest note to Ukraine, after Ukrainian border guards illegally crossed Dniester River
Receive the latest news directly to your email
Receive the latest news directly to your email