The European Commission has approved on 10 October the disbursement of €30 million in Macro-Financial Assistance to the Republic of Moldova.

This is the first of three planned disbursements under the Macro-Financial Assistance programme to Moldova that was adopted in 2017. The programme, worth up to €100 million, is designed to assist Moldova in implementing an ambitious reform agenda.

“The European Commission stands ready to continue working closely with the Moldovan authorities to help deliver on a wide-ranging and ambitious set of economic and structural reforms necessary to secure jobs, growth and investment for the benefit of the people of Moldova.”, said EU Commissioner for economic and financial affairs, Pierre Moscovici.

MFA programmes are available to EU neighboring countries experiencing severe balance-of-payments problems.