EU prepares new financial package for Moldova; European Commissioner for Enlargement says package to be available as of 2028
The European Union is preparing a new financial support package for Moldova, which is expected to become available starting from 2028, after the current 1.9 billion-euros-worth Growth Plan ends. European Commissioner for Enlargement Marta Kos has made statements to this effect during an interview with Moldova 1 TV station. She noted that European investments were aimed at developing the economy and improving citizens’ living conditions.
The European official said that the Growth Plan aimed to stimulate Moldova’s economy and bring it closer to the level of prosperity enjoyed by European Union member states. Some projects are already underway, while others are awaiting approval.
“The very name of the Growth Plan indicates its main purpose: economic growth. The goal is for Moldova’s economy to develop through this mechanism and achieve prosperity. Some projects are already underway, while others are awaiting approval. I wanted to emphasize that, through this plan, the country and its citizens can benefit directly. With the help of these funds, we have renovated numerous schools and others are set to be renovated. Infrastructure projects are also being financed,” Marta Kos said.
The European Commissioner also noted that the funds would contribute to modernizing transport infrastructure, including roads’ rehabilitation and the development of railway connections, so that citizens can travel more easily in the country.
“I remember that, when I came here for the second time, I traveled extensively to the south of the country. At the time, one of the journalists asked me what I thought about the roads in Moldova. We will repair and build new roads, as well as new railway connections, so that citizens of Moldova can get to where they want to go more quickly,” Marta Kos said.
The 1.9 billion-euros Growth Plan is valid until the end of 2027. According to the European official, the European Commission is already working on preparing the European Union’s new budget and a financial package that will continue to support the development of Moldova’s economy after this period.
“This 1.9 billion-euros Growth Plan is valid until the end of next year. In the meantime, we are already preparing a new European Union budget and a new financial support package, which will be available starting from 2028. It will provide new financial support for the development of Moldova’s economy,” Marta Kos said.
The 1.9 billion-euros Growth Plan for Moldova was launched by the European Union for the 2025–2027 period and aims to accelerate economic development, support reforms and bring the country closer to the European single market. The funds are intended for investments in infrastructure, education, energy, transport, and business development. Support is provided through grants and loans, depending on the fulfillment of conditions and reforms undertaken by the Moldovan authorities. The plan is part of the European strategy to support economic growth and Moldova’s path toward European integration.
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