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The leadership and the foreign policy team of the Republic of Moldova are seeking funds for compensation

The Republic of Moldova is seeking resources and external support to cope with rising gas prices and to ease the burden on households’ bills. The President, the Prime Minister and representatives of the country’s foreign policy team are all involved in this effort to secure support. This was stated by Adrian Băluțel, Chair of the Committee on European Integration.
Svetlana Rudenco Svetlana Rudenco Reading time: 2 minutes
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Adrian Băluțel

Adrian Băluțel

According to the MP, the situation on the international energy markets is unpredictable, and gas prices can fluctuate from one day to the next. That is why, the official emphasised, the focus at present is less on price and more on securing the necessary quantities of gas.

“The truth is that we are living in such unpredictable times on the international markets. We are living in a period where, before we even discuss price, we are talking about quantities – the possibility of securing these quantities – because prices fluctuate from one day to the next due to circumstances beyond our control. What we can do is: firstly, ensure that we have these quantities reserved and available; and secondly, identify the resources needed to compensate as much as possible,” Băluțel told Jurnal TV.

According to the chair of the Committee on European Integration, the Moldovan authorities are seeking external support:

“The Prime Minister is currently in New York and will hold a number of discussions in the coming days; both the President and the Prime Minister, as well as all of us involved in foreign affairs, are working to secure assistance to help us weather this period.”

Adrian Băluțel noted that international partners are keen to see the Republic of Moldova successfully navigate the current period of instability in the energy market. The MP stated that the authorities intend to make full use of compensation mechanisms to mitigate the impact of rising gas prices on the population.

Previously, Prime Minister Vasile Tofan had also stated that the Republic of Moldova is counting on the support of its European partners this winter. According to him, the authorities will seek assistance from partners in Brussels, in European capitals and in other countries, including during the visit to the UN General Assembly and the planned trip to Brussels.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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