During a year shaken by the cruelty of the war in Ukraine and the crisis generated by its consequences, the European Union (EU) has committed to remain close to the citizens of the Republic of Moldova. More than €840 million is the total value of the support offered to the Republic of Moldova between October 2021 and December 2022 to overcome the challenges its citizens are facing. The EU support packages included:
€451 million – grants granted by the EU;
€120 million – loans under favourable terms offered by the EU;
€269.5 million – loans under favourable terms granted by the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD).
The €840 million assistance offered by the EU, the EIB and the EBRD targeted several sectors of high importance for the Republic of Moldova:
“The Republic of Moldova is not only a neighbouring country or a mere partner, it is a candidate state to join the European Union. It is part of the European family, and family must stick together in good times as well as in difficult times”, said Ursula von der Leyen, the President of the European Commission, during her visit to Chisinau in November 2022.
The European Union along with its institutions – EIB and EBRD – has been the most important development partner of the Republic of Moldova.