Alexandru Munteanu

The funds from the European Union will be used for investments in energy, water supply and social services, including support for children and youth. This was stated by Prime Minister Alexandru Munteanu, commenting on the European Commission’s decision to allocate 189 million euros within the Reform and Growth Mechanism for Moldova.

On Friday, Moldovan Prime Minister urged state institutions to set “an example of discipline and responsibility”. He asked them to cut transportation costs by 20% amid rising fuel prices.

The Government of Moldova initiated the activation of the European Union Civil Protection Mechanism for a rapid response to oil spills in the Dniester River. Additionally, the involvement of the Ministry of Defense was requested with military personnel, vehicles and pieces of equipment.

Prices for major fuels continue to rally with no end in sight.

UPDATED. Economic recovery after numerous shocks will continue, although Moldova still faces high emigration, low competitiveness and limited opportunities. This was the conclusion of the International Monetary Fund (IMF) experts following a mission and the publication of the relevant country report.

Prime Minister Alexandru Munteanu has reacted to the calls made by politicians and mayors to the government against the background of rising fuel prices. He characterized them as “panic and speculation”, which are used “not only at gas stations, but also in the public space”.

On the initiative of the National Crisis Management Center and in accordance with the appeal of the Ministry of Energy and the National Energy Regulatory Agency, the government imposed a 60-day high alert regime in the energy sector.

The inflation rate in Moldova has fallen below 4% and the indexation of pensions will amount to about 6%, Logos Press reports.