The EU member states and MEPs agreed on a new €1.9 billion facility to accelerate Moldova’s socio-economic reforms, strengthen resilience, advance its EU integration, and mitigate the profound impact on Moldova of Russia's war of aggression against Ukraine, IPN reports.

The agreement includes enhanced grants, accelerated funding and robust oversight by Parliament. Negotiators from the European Parliament and the Council of the EU agreed to allocate €520 million in grants – a €100 million increase compared to initial proposals – alongside €1.5 billion in low-interest loans. This adjustment ensures Moldova can implement reforms without unsustainable debt accumulation.

The Facility provides 18% pre-financing, up from 7% originally, of total support, enabling rapid deployment of resources to address energy security, anti-corruption infrastructure, and public service modernization.

A dedicated 20% of grant funds will strengthen Moldova’s institutions through digital governance systems, civil service training, and judicial reforms – prerequisites for effective EU fund management.

To ensure full parliamentary scrutiny the agreement establishes a Dialogue between Parliament and the Commission to review implementation progress regularly.