Commission adopts €1.8 billion support package to underpin Moldova's economic growth plan.

Today, the European Commission adopted a Growth Plan for the Republic of Moldova worth €1.8 billion and underpinned by a Reform and Growth Facility for the period 2025-2027. The Plan, which is the largest EU financial support package since Moldova's independence, will boost Moldova's economy, bring the country closer to EU membership by accelerating reforms, and provide significant financial assistance.

The Moldova Growth Plan is based on three pillars, aimed at:

1. Increasing financial assistance over the next three years through a dedicated Reform and Growth Facility for Moldova, based on the upcoming Reform Agenda and of discussed priority investments needs with Moldova, the Facility could support, for example:

• New roads, bridges and rail infrastructure, such as the Chisinau ring road, advancing the connection Odesa-Chisinau-Iasi and bridges over the Prut river. 
• Energy Security by completing a new electricity powerline & starting to build two more, linking Moldova to the EU electricity grid.
• Energy subsidies
• Healthcare by starting to build two new well-equipped hospitals in Cahul and Balti.
• The integration of Moldova in the EU's ‘roam like at home' area and bringing broadband internet to remote areas of Moldova.
• Improved access to financing and support for 25 000 businesses, including small family businesses.

2. Enhancing access to the European Union's single market. The Moldova Growth Plan proposes immediate steps that Moldova can take to reap the benefits of the single market in five key areas, once the required standards are met:

1. free movement of goods and integration in supply chains;
2. facilitation of trade and transport connections;
3. integration into the EU energy market and decarbonisation;
4. integration into the Digital Market;
5. access to the Single Euro Payments Area (SEPA).

3. Supporting Moldova's socio-economic and fundamental reforms. Moldova is undertaking reforms for socio-economic development, building on key economic growth drivers: economic competitiveness; economic resilience, including infrastructure and energy; economic governance; social capital; and the green transition. The reforms will attract foreign investment, improve the business environment, support small and medium sized enterprises, improve skills and qualifications, strengthen trade and exports thus boosting economic growth and increasing the economic convergence with the EU. Payments will follow upon the delivery of the pre-agreed reforms.