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The European Union to provide Moldova with 40 million euros of aid from the European Peace Fund to support the Armed Forces of the country.

The European Union to provide Moldova with 40 million euros of aid from the European Peace Fund to support the Armed Forces of the country.

The Council of the European Union adopted the decision to approve a 40 million euro assistance measure under the European Peace Facility (EPF) in favor of the Moldovan Armed Forces. The measure will strengthen the Moldovan Armed Forces' logistics, mobility, command and control, cyber defense, unmanned aerial reconnaissance and tactical communications capabilities by providing relevant equipment, materials and services, including equipment-related training. This assistance measure will complement the previous one of 7 million euros, adopted in December 2021, which strengthens the capacity of the Military Medical Service and the Armed Forces Engineering Battalion. The European Peace Facility was established in March 2021 to finance all Common Foreign and Security Policy (CFSP) military and defense activities in order to prevent conflict, preserve peace and promote international security and stability. In particular, the European Peace Facility allows the EU to finance actions aimed at strengthening the capacities of third states and regional and international organizations with regard to military and defense issues. // 01.07.2022 - InfoMarket

News on the subject

The Commission of the European Parliament approved the doubling of quotas for duty-free export of 7 categories of agricultural products from Moldova to the EU.
The Commission of the European Parliament approved the doubling of quotas for duty-free export of 7 categories of agricultural products from Moldova to the EU.
In July, the price of gas supplied to Moldova will be $980 per thousand cubic meters, up$100 (+11.4%), compared to June 2022.
In July, the price of gas supplied to Moldova will be $980 per thousand cubic meters, up$100 (+11.4%), compared to June 2022.
In July, the price of gas supplied to Moldova will be $980 per thousand cubic meters, up$100 (+11.4%), compared to June 2022.
In July, the price of gas supplied to Moldova will be $980 per thousand cubic meters, up$100 (+11.4%), compared to June 2022.
Moldova’s Cabinet of Ministers has approved a draft ratification agreement with the EBRD on a 300 million euros loan for the implementation of the "Security of Natural Gas Supply" project.
Moldova’s Cabinet of Ministers has approved a draft ratification agreement with the EBRD on a 300 million euros loan for the implementation of the "Security of Natural Gas Supply" project.
The Parliamentary Commission on Economy, Budget and Finance did not support the initiative of a vote of no confidence against the Ministry of Finance’s politicians.
The Parliamentary Commission on Economy, Budget and Finance did not support the initiative of a vote of no confidence against the Ministry of Finance’s politicians.
Moldova’s total national debt was 79 billion 181.9 million lei as of the end of May 2022, up by 2 billion 007.1 million lei (+2.6%) from the previous month.
Moldova’s total national debt was 79 billion 181.9 million lei as of the end of May 2022, up by 2 billion 007.1 million lei (+2.6%) from the previous month.