52 million euro support from the EU to Moldova

The European Union (EU) Commission has announced that new economic aid will be provided to Moldova, where asylum seekers came due to the COVID-19 epidemic, the natural gas crisis and the Russia-Ukraine war.

Pointing out that the EU has mobilized 52 million euros of additional resources for Moldova, it was stated that this would contribute to the country’s reforms, economic recovery and development.

In the statement, it was reminded that the EU provided Moldova with 150 million Euros of macro financial support, 53 million Euros of budgetary support, 13 million Euros of humanitarian aid, 15 million Euros for refugees’ transactions and 15 million Euros for border protection aid.

The EU can provide various supports to the countries in its immediate vicinity in times of economic crisis.

Source: Dünya Gazetesi by www.dunya.com.

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