As reported by the Polish Ministry of Foreign Affairs via social media, the “General Affairs Council adopted a regulation establishing the Reform and Growth Facility for the Republic of Moldova.”
“This instrument is the largest financial support package since Moldova’s independence,” the Ministry emphasized in a statement.
General Affairs Council #GAC adopted a regulation establishing the Reform and Growth Facility for the Republic of Moldova ?ﾟﾇﾩ.
This instrument is the largest ?ﾟﾇﾺ financial support package since Moldova’s independence.
See more ⤵️https://t.co/3ug14spYzr
— Ministry of Foreign Affairs ?ﾟﾇﾱ (@PolandMFA) March 18, 2025
EU backs Moldova’s future with financial aid
On March 18, the Council of the European Union approved €1.9 billion to establish the Reform and Growth Facility, designed to support Moldova’s reforms related to EU integration and its economic growth.
This EU initiative aims to help Moldova tackle the challenges arising from Russia’s war against Ukraine and its ongoing efforts to destabilize Moldova.
The payments will be conditional, linked to the successful implementation of agreed reforms, and will be disbursed twice a year, based on requests from Moldova’s government and a verification process by the European Commission.
Breaking!
.@EUCouncil under the ?ﾟﾇﾱ presidency adopts a new instrument for Moldova. Almost €2 bn will support ?ﾟﾇﾩ on its ?ﾟﾇﾺ path.#Poland25eu pic.twitter.com/R4u7V8IAYp
— Polish presidency of the Council of the EU (@POLAND25EU) March 18, 2025
(m p)
Source: X/@PolandMFA/@POLAND25EU/consilium.europa.eu