Moldova

The European Commission has approved the second tranche of 50 million euros for the Republic of Moldova, out of the total aid of 150 million intended to maintain the macroeconomic stability of the country. The financial support is intended to help the Republic of Moldova, which is directly affected by the consequences of Russia’s aggression against Ukraine. The European executive specified that the Republic of Moldova has fulfilled the conditions to which it committed itself in order to receive the financial aid: it has strengthened the governance of the public administration and met the conditions regarding public investments. Also, the Chisinau government has made progress in the financial sector, by adopting a new public strategy. Another positive development was observed in the field of compliance with the law and the fight against corruption.