credit

Moldova is in a catastrophic socio-economic situation, the country is completely dependent on the “credit needle” of the European Union, reports Logos Press.

On Tuesday, January 20, the European Parliament voted for urgent consideration of a 90 billion euro EU loan for Ukraine for 2026-2027, Logos Press reported citing DW.

The Moldovan government will apply to the European Bank for Reconstruction and Development for an additional loan of 150 million euros to complete the repair and reconstruction of two roads of strategic importance, Logos Press reported.

Consumers who took out a mortgage loan to purchase their first home will be able to take advantage of a tax deduction for interest paid. The benefit will apply to mortgages purchased starting in 2025, according to Logos Press.

The European Commission will provide Ukraine with about €6bn under the G7 credit line, which will be repaid, among other things, from the proceeds of Russian frozen assets, Logos Press reported citing kommersant.ru.

In Moldova, lending to small and medium-sized enterprises (SMEs) has increased by more than 17% annually over the last 5 years, rising from 16 billion lei in 2021 to 29 billion lei in 2025.

Moldovan President Maia Sandu has discussed investments in the Moldovan economy with the head of the French Development Agency (AFD), Remi Rioux. According to the press service of the head of state, this issue was the main topic of discussion between the parties during the meeting, which took place on the sidelines of Maya Sandu’s participation in the Paris Peace Forum.

European Union leaders have postponed consideration of using frozen Russian assets to help Ukraine until December 2025, Logos Press reported citing Finantial Times.

The EU should provide Ukraine with an interest-free loan of 140 billion euros from frozen Russian assets, German Chancellor Friedrich Merz has said.

The rate on bank loans for micro and small agricultural enterprises implementing investment projects with a grant component within the IFAD program in Moldova has been reduced to 10.10% from the previous level of 10.36%, Logos Press reports.

Gas reserves in Ukrainian gas storages as of August 31 are estimated at 6.5 billion m3, which is significantly lower than last year’s level and raises concerns before the start of the heating season, Logos Press reported.

The European Bank for Reconstruction and Development (EBRD) said that it will assume half of the risk on a EUR 9 million loan provided by the Moldovan bank MAIB to one of the largest poultry producers in Moldova, Axedum, Logos Press reports.