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The European Commission on behalf of the European Union approved today the allocation to Moldova of the first tranche of macro-financial assistance in the amount of 30 million euros

The European Commission on behalf of the European Union approved today the allocation to Moldova of the first tranche of macro-financial assistance in the amount of 30 million euros

10.10.2019

Thus, 10 million euros will be provided to our country in the form of a grant, and 20 million euros - in the form of a loan. According to the European Commission, this is the first of three planned payments to Moldova within the framework of the Macrofinancial Assistance Program, which was adopted in September 2017. The program, worth a total of € 100 million, is designed to help Moldova meet its external financing needs in implementing large-scale and ambitious structural reform programs. Pierre Moscovici, European Commissioner for Economic and Financial Affairs, Taxation and Customs Union, said ...
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