EU to Provide EUR90 mn Grant to Moldova
OREANDA-NEWS. December 20, 2010. It was said by Prime Minister of Moldova Vladimir Filat on Friday evening. He said that according to the document, the first 40 million euros of the total amount of the grant would be received by Moldova on Monday, December 20, the rest 50 million euros would be allocated in 2011.
According to Prime Minister, the money is intended for implementation of the infrastructure development projects and covering the budget decision. Prime Minister said the agreement signed in Brussels was the confirmation of the friendly support to Moldova from the EU.
The grant is called on to assist Moldovan authorities in promotion of reforms and further integration with the European Union. It will supplement the financial support that has already been provided to Moldova by the IMF, WB and other international financial organizations and donor states.
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