The European Commission, on behalf of the EU, approved on July 10 the disbursement of EUR 30 million in macro-financial assistance to Moldova.
According to the European Commission, this is the second and final disbursement to Moldova under the current program of macro-financial assistance (MFA) after the first EUR 30 million tranche provided in October 2019. The tranche allocated to Moldova now includes EUR 10 million in grants and EUR 20 million in long-term loans with a low interest rate. The program is designed to help Moldova meet the external financing needs, which is especially important in the light of the coronavirus pandemic as well as during the implementation of a large-scale and ambitious program of structural reforms. According ...