The first funds under the €1.9 billion Growth Plan will reach Moldova in early summer - Siegfried Muresan
The Romanian MEP made the announcement while congratulating the Moldovan parliament on ratifying the agreement with the European Union on the €1.9 billion Growth Plan, the largest European aid package in Moldova's history. Siegfried Muresan noted that, as the European Parliament's chief negotiator on this aid package, he was pleased to see that this formal step had also been taken. “We therefore expect the first funds under the Growth Plan to reach Moldova as early as the beginning of summer. The Growth Plan will finance the construction of hospitals, the modernization of roads, the construction of bridges over the Prut River, and will also support Moldova in its modernization and reform process with a view to joining the European Union,” he said. Earlier it was reported that the EU-approved Growth Plan for Moldova provides for the allocation of €400 million to our country in the form of an EU grant and €1.5 billion in loans on very favorable terms. The loan has a maturity of 40 years, with the first 10 years being a grace period during which Moldova will not repay anything from the loan. The interest rate will range from 0.1% to just over 3%. Loan repayments will be made subject to strict conditions in terms of achieving the reforms set out in the agreed Reform Program. // 23.05.2025 — InfoMarket.
