Muresan: EU Assistance Is a Support for Key Reforms in Moldova

European Parliament deputy Siegfried Muresan said the assistance provided to Moldova by the EU represents support for key reforms in the country, such as improving democratic standards and protecting justice. “The European Commission approved the allocation of 30 million from 100 million euros of macro-financial assistance to the Republic of Moldova. This is the second of three tranches planned under the macro-financial assistance program, approved in September 2017. Of the 30 million euros that the Republic of Moldova will receive, 10 million euros will be provided in the form of subsidies, i.e. they will not be returned by the Republic of Moldova, and 20 million euros - in the form of loans provided to support the implementation of key reforms in the Republic of Moldova, such as raising democratic standards and protecting the rule of law. We, the European Union, are ready to continue to work closely with the Chisinau authorities to implement the necessary economic and structural reforms, to ensure jobs, economic growth and investment in the welfare of citizens of the Republic of Moldova, ”said the MP, tvrmoldova.md reports. The official also noted that the third tranche of macro-financial assistance for our country will be canceled. “A number of conditions stipulated in the memorandum of understanding were not met by the Chisinau authorities – therefore, the last tranche of macro-financial assistance in the amount of 40 million euros will be lost after the availability period, that is, July 18. The Republic of Moldova has a new chance, because the European Union has provided another 100 million euros of macro-financial assistance. I hope that in the next period Chisinau will have responsible bodies that will show determination to fulfill the agreed obligations to ensure that the Republic of Moldova receives as soon as possible and as many European funds as possible, so as not to lose them, as happened under the current government,” the official added.