EU allocates another 2 million euros to support reforms in Moldova
This new funding complements the existing EU contribution of €3 million, increasing the total amount of support to €5 million. It will allow the program to continue providing practical expert support to Moldovan institutions throughout the EU accession process. The agreement was signed today in Chisinau by Iwona Piorco, European Union Ambassador to Moldova, and Matteo Patrone, European Bank for Reconstruction and Development (EBRD) Vice President for Banking Sector.
Since 2023, the EBRD’s RST programme has placed 56 Moldovan experts in 10 ministries and agencies, including the Ministry of Energy, Ministry of Infrastructure, State Property Agency, Ministry of Economic Development and Digitalization and other key institutions.
With support from the EU, France, Turkey and donor funds managed by the EBRD, these teams are helping to implement reforms in energy, transport, agriculture, infrastructure, state-owned enterprises and investment attraction. Their work has already contributed to important achievements such as the adoption of new electricity and gas laws, implementation of state ownership policies, progress in privatization, development of an electric mobility strategy and attracting investment from international companies.
The EU and the EBRD remain committed to supporting Moldova’s EU integration process, strengthening its economic governance and ensuring the successful implementation of the EU Growth Plan, the EBRD said in a press release.
The new EU contribution of €2 million will help maintain existing capacity and ensure targeted scaling up in priority areas related to EU legislation, public enterprise reform and improving the investment climate.
The EU and the EBRD will continue to work closely with the Moldovan authorities and development partners to maintain the momentum of reforms, improve administrative capacity and support the country’s European ambitions, according to the Bank’s press release.
