MEP: We managed to get 200 million euros in pre-financing for Moldova, funds to be received by late April

President of the European Parliament Delegation for relations with the Republic of Moldova Siegfried Mureșan announced that yesterday an agreement was reached between the European Parliament, the European Commission and the Council of the European Union on 1.9 billion euro economic aid package for Moldova. The first 200 million euros, additional pre-financing will reach Moldova by late April.

The MEP said that the economic aid package is the largest ever proposed by the European Union for the Republic of Moldova.


“We have three good news for the Republic of Moldova: we quickly reached an agreement that will receive the final vote in early March in the European Parliament. The law will come into force, the plan can be implemented, and the Republic of Moldova will receive the financial aid. Additionally, we managed to increase the pre-financing for the Republic of Moldova from 7%, as was the initial proposal of the European Commission, to 18%. We were united in the negotiation team and obtained 200 million euros in additional pre-financing for the Republic of Moldova, funds that will arrive by the end of April. The third good news is that we secured an extra 100 million euros in the form of grants, funds that the Republic of Moldova receives from the European Union and will never have to repay. This also includes the 60 million euros allocated to the region on the left bank of the Dniester,” Mureșan stated.


The MEP emphasized that the European Union is and always will be by the side of the Republic of Moldova.


“A friend in need is a friend indeed. This year, the Republic of Moldova will receive more support than ever from the European Union,” Mureșan concluded.


European Parliament and EU member states agreed on a new support plan for the Republic of Moldova, worth 1.9 billion euros. The new mechanism aims to accelerate socio-economic reforms in our country. Negotiators agreed to allocate 520 million euros in grants – an increase of 100 million euros compared to initial proposals – alongside 1.5 billion euros in low-interest loans.