Moldova Ratifies EU Reform Facility Deal

Moldova Ratifies EU Reform Facility Deal

Business

The Moldovan government has approved a draft law to ratify the facility agreement with the European Union, aimed at implementing support under the EU’s Reform and Growth Facility for Moldova, CE Report quotes MOLDPRES

The agreement outlines financial cooperation principles between Moldova and the EU to advance Moldova’s Reform Agenda. It focuses on strengthening the rule of law, promoting good governance, supporting green and digital transformation, and fostering economic resilience and EU convergence.

“With EU support, we commit to improving living standards, modernizing institutions, and making investments that will ensure economic growth,” said Secretary-General of Government Artur Mija.

The EU-backed funds will support key projects, including the rehabilitation of 200 km of roads, construction of regional hospitals in Bălți and Cahul, renovation of 1,000 school canteens, expansion of kindergarten capacity, job creation, and business development. Infrastructure initiatives also include a new bridge over the Prut River and enhanced rail links with the EU.

The facility agreement was signed on 9 May 2025 during the visit of European Commissioner for Enlargement Marta Kos.

Tags

Related articles

Croatia’s Euro Switch Had Minimal Inflation Impact
The adoption of the euro in Croatia sparked public concern about inflation, but a new analysis by Bulgaria’s Fiscal Council shows the actual impact was minimal and short-lived.
New Law to Boost Regional Growth
A new development law will soon be submitted to the Greek Parliament, aiming to reduce regional and social inequalities and tackle the country's demographic crisis, Development Minister Takis Theodorikakos announced at the 13th Regional Growth Conference in Patras on Tuesday.
Employers Back Euro Adoption
In a public letter addressed to Bulgaria’s top state officials, the Association of Bulgarian Employers' Organizations (ABEO) has voiced strong support for the country’s planned adoption of the euro on January 1, 2026.
Bulgaria Launches IC Centre
Bulgaria has launched a Centre of Competence in the Field of Integrated Circuits at the Technical University of Sofia, the Ministry of Innovation and Growth announced Monday.