Moldova will receive €300 million in pre-financing from €1.9 billion growth plan in the near future - Siegfried Mureşan
The Chairman of the European Parliament Delegation for Relations with Moldova announced this following a meeting in Brussels with Prime Minister Dorin Recean. Siegfried Mureşan recalled that he was a rapporteur in the European Parliament on the €1.9 billion Growth Plan for Moldova. He expressed confidence that the Moldovan Prime Minister "knows how to use this money well and will ensure that the allocated funds quickly reach the people who need them, in the form of investments in infrastructure, roads, schools, hospitals, kindergartens." "This was the main topic of my discussion today with Prime Minister Dorin Recean in Brussels," Siegfried Mureşan wrote on his social media page, noting further support for Moldova's European path. It was previously reported that the EU-approved Growth Plan for Moldova worth 1.9 billion euros provides for the allocation of 400 million euros to our country in the form of a grant and 1.5 billion euros in loans on very favorable terms: with a repayment period of up to 40 years and a grace period of 10 years. The interest rate for each tranche will depend on the cost of borrowing funds by the European Commission on the international financial market. Currently, Moldova receives loans from the European Union at rates ranging from 0.125% to 3.375% per annum. The loan will be issued in semi-annual tranches in 2025-2027, depending on the fulfillment of the obligations set out in the reform program. // 04.06.2025 — InfoMarket
