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EU offers €60m for alleviating impact of rise in gas prices


https://www.ipn.md/en/eu-offers-60m-for-alleviating-impact-of-rise-in-gas-7966_1086549.html

Representatives of the European Union and of the Republic of Moldova signed in Brushes a €60 million financing agreement. The budgetary support program supplements the EU’s economic recovery package for the Republic of Moldova to the value of €600 million, which is to be implemented during the next three years, the Ministry of Foreign Affairs and European Integration of Moldova has said. The €60 million comes to support the national action plan concerning the energy crisis for attenuating the socioeconomic impact following the rise in the prices of natural gas, IPN reports.

“We worked at an accelerated pace, alongside fellows from the Government, to adopt the national action plan action concerning the energy crisis that is aimed at alleviating the socioeconomic impact of the higher natural gas prices, increasing the capacities to provide services to vulnerable groups of people, primarily the basic services for the population, and supporting the long-term socioeconomic recovery, energy security and energy transition in our country,” Deputy Prime Minister Nicu Popescu, Minister of Foreign Affairs and European Integration, said in the signing ceremony.

The official noted the assistance provided by the EU shows that Moldova has real friends and international credibility that brings concrete benefits to its citizens.

The document was signed by European Commissioner for Neighborhood and Enlargement and Deputy Prime Minister Nicu Popescu in the presence of the President of the Republic of Moldova Maia Sandu and President of the European Commission Ursula Von Der Leyen,