The European Union is providing an additional €30 million in support to the Republic of Moldova to help reduce energy costs for vulnerable households. European Commissioner for Enlargement Marta Kos made the announcement during a plenary session of Parliament, where she spoke about European support for Moldova and the country’s progress towards EU membership, IPN reports.

The European official explained that recent developments in energy markets, including the closure of the Strait of Hormuz and falling water levels in the Danube and Prut rivers, had contributed to rising energy prices and created fresh uncertainty. “For this reason, we have proposed an additional €30 million for the Republic of Moldova, for your citizens, to ease the burden of high energy costs on Moldovans who need support the most,” the European Commissioner said.

Marta Kos said that the European Union would continue to support the Republic of Moldova in strengthening its energy independence and developing its economy. She also announced that a new financial support package would be prepared next year, with funding to begin in 2028. It will build on the assistance provided under the €1.9 billion Growth Plan for Moldova, which runs until the end of 2027.

According to Marta Kos, if the Republic of Moldova maintains its current pace of reforms, it could close up to 25 negotiating chapters by the end of 2027, allowing accession negotiations to conclude in early 2028. She stressed that this is an ambitious goal and assured Moldova that it can count on the European Commission’s support.