Moldova: EU steps up support with additional €53 million

On 5 April, Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, announced an additional €53 million to help the Republic of Moldova cope with the multiple repercussions of the Russian military aggression against Ukraine. 

This support will be provided as a budget support programme to be delivered as quickly as possible. 

The announcement was made at the Ministerial Conference in Berlin launching the Moldova Support Platform. Established by Germany, France and Romania, the platform gathers the EU Member States, G7 countries, international partners, and like-minded countries to mobilise immediate and concrete international support for Moldova in facing the current situation.

“As our additional package demonstrates, we continue to provide support to help the country deal with the severe impact of Russia’s war against Ukraine, ongoing COVID-19 pandemic and energy crisis. European solidarity with Moldova is stronger than ever,” said Várhelyi.

This €53 million budget support comes in addition to other ongoing crisis support provided by the EU to Moldova, including the €150 million Macro-Financial Assistance Programme to be disbursed in the coming months.

In addition to crisis management, the EU continues to support Moldova’s long-term recovery and resilience, in particular through the Eastern Partnership Economic and Investment Plan, aiming to mobilise around €3.4 billion in public and private investments for five flagships: SME support, trade facilitation, energy efficiency, connectivity and human capital development. Last week, the European Investment Bank and Moldova agreed on a €150 million loan to connect Moldova to the TEN-T network.

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Press release

EU Solidarity with the Republic of Moldova