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The International Trade Committee of the EU Parliament approves EUR 100 million in macro-financial assistance to Moldova under strict conditions

The International Trade Committee of the EU Parliament approves EUR 100 million in macro-financial assistance to Moldova under strict conditions

21.06.2017

The informal deal among EU institutions on the macro-financial assistance to Moldova was approved by 30 votes to 6 with 2 abstentions. In particular, the EU will provide EUR 60 million in loans and EUR 40 million as a grant to support the external financial needs of Moldova, recovering from an economic and political turmoil. The macro-financial assistance (MFA) should support Moldova's commitment to sound public finance management, fight against corruption and money laundering, the de-politicisation of public administration, an independent judiciary and the freedom of the media. A pre-condition ...
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