
An agreement was signed in Brussels to provide Moldova with a grant of 60 million euros to reduce the impact of rising gas prices.
In particular, Deputy Prime Minister, Minister of Foreign Affairs and European Integration of Moldova Nicu Popescu and European Commissioner for European Neighborhood Policy and Enlargement Negotiations Olivér Várhelyi, in the presence of Moldovan President Maia Sandu and President of the European Commission Ursula von der Leyen, signed an Agreement on the financing of the "Contract sustainability of Moldova” for 60 million euros. These funds will support the Moldovan budget in managing the energy crisis and reducing the impact of rising gas prices for residential consumers. “The assistance provided by the European Union proves that we have real friends and that international trust in our government brings concrete benefits to the citizens of the country,” said MFAEI head Nicu Popescu. According to him, this program of budgetary support in the amount of 60 million euros complements the package of the European Union for the restoration of the Moldovan economy in the amount of up to 600 million euros, which will be implemented over the next three years. “We will work at a fast pace with our government counterparts to implement the National Energy Crisis Action Plan, a project that aims to mitigate the socio-economic impact of rising gas prices. We will also work to expand the capacity to provide assistance to socially vulnerable groups, especially in the field of basic services for the population. We will support long-term socio-economic recovery, energy security and energy transition in our country, ”said Nicu Popescu. The day before, the government has already approved the National Action Plan to overcome the energy crisis, which contains a specific list of measures and actions. According to the document, the total cost of measures to reduce the impact of rising energy prices on consumers, as well as measures to support socially vulnerable groups of the population, in 2021 will amount to about 854 million lei (42 million euros) and 1 billion 872 million lei (92 million euros) - in 2022// 15.12.2021 — InfoMarket