The second tranche of the Romanian loan of €150 million will be disbursed at the end of February. The Government of Romania on February 16 approved the decision that enables to withdraw the €50 million. The request to receive the second tranche was transmitted by the Ministry of Finance of Moldova this January, IPN reports.
The first tranche of €60 million was transferred to Moldova last August. The loan is repayable in five years, at an interest rate of 1.5%.
The financing agreement signed in October 2015 does not stipulate the loan repayment schedule, but says that the money will start to be repaid after Moldova gets the last tranche.
