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By the end of December 2021, the European Commission will provide Moldova with a grant of 60 million euros to overcome the energy crisis.

By the end of December 2021, the European Commission will provide Moldova with a grant of 60 million euros to overcome the energy crisis.

This is provided for by a financial agreement to manage the energy crisis in our country, which will soon be signed by representatives of Moldova and the European Commission. The Parliamentary Commission on Foreign Policy and European Integration approved the start of negotiations on this document and its subsequent signing. The funds will be provided in the form of gratuitous assistance under the Instrument for Neighborhood, Development Cooperation and International Cooperation - Global Europe. The aim of the agreement is to mitigate the socio-economic impact of rising gas prices, increase the government's ability to provide personalized services to vulnerable groups, and long-term socio-economic recovery, energy security and energy transition in Moldova. The 60 million euros grant is to be paid in a lump sum by the end of this month. The initiative to conclude the agreement belongs to the European Commission. // 08.12.2021 - InfoMarket

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