(02 June 2021) – Today, the European Commission announced a €600 million Economic Recovery Plan for the Republic of Moldova.
The plan will mobilise over the next three years up to €600 million in macro-financial assistance, grants and investments, supported by blending and financial guarantees.
The Plan builds on five pillars: public finance management and economic governance; competitive economy, trade & SMEs; infrastructure; education & employability; and the rule of law & justice reform.
In the Republic of Moldova, over €127 million in bilateral grant support has been mobilised in 2020 alone to help the country cope with the initial shock of the COVID-19 crisis.