Ursula von der Leyen
European Commission President Ursula von der Leyen said:“Moldova continues to implement its reform agenda and demonstrate its commitment to the European path. I am very pleased to see continuous progress in reforms in key areas, such as energy security in the electricity sector. An investment in Moldova’s economic growth is an investment in European integration. After all, a strong Moldova contributes to a stronger Europe. The EU stands ready to support Moldova every step of the way on its path to the EU“.
Enlargement Commissioner Marta Kos said:“The first installment of the Reform and Growth Mechanism for Moldova is a clear indication of Moldova’s commitment to undertake the necessary reforms for economic growth and European integration. We also encourage investors to invest in Moldova, a country that demonstrates determination and hard work on the path to EU accession“.
The Commission approved the disbursement after assessing that Moldova has met the four reform indicators associated with the six-month payment schedule under the Reform and Growth Mechanism. Key achievements include the development of open and competitive electricity and gas markets and energy security measures.
The amount of €18.9 million is added to the €270 million already committed this year as pre-financing. Under the mechanism, Moldova should receive up to €1.9 billion in grants and loans for 2025-2027.
Moldova continues to make progress on EU accession reforms in areas such as justice, anti-corruption and organized crime. These achievements demonstrate Moldova’s commitment to the EU’s shared values, including democracy and the rule of law, and ensure that EU funds are effectively invested for the benefit of Moldovan citizens.
Commission launches call for expressions of interest to stimulate investment in Moldova
The European Commission has launched a call for expressions of interest, encouraging businesses from the EU, EEA and Moldova to explore investment opportunities in the country. As an EU candidate country, Moldova, supported by the Growth Plan, is expanding its access to the Single Market, providing unique business opportunities.
The initiative aims to create a flow of transformative private investment into Moldova that can be supported by the European Commission and partner financial institutions such as the European Investment Bank and the EBRD.
In October 2024, the European Commission proposed a €1.9 billion Growth Plan for Moldova, backed by a Reform and Growth Mechanism for the period 2025-2027. This is the largest EU financial support package for the country.
Between 2021 and 2025, the EU has allocated more than €1.2 billion in grants to Moldova. This amount includes direct budgetary support for energy security and the transition to clean energy, assistance to 1.2 million households due to rising energy bills, and support for reforms in the justice sector to strengthen its independence and efficiency.
European Commission press release
