The European Union is providing an additional €30 million in support to the Republic of Moldova. The funds will help vulnerable households cover their energy bills during the winter months.
The announcement was made by European Commissioner for Enlargement Marta Kos during a plenary session of Parliament in Chișinău, according to IPN. She explained that recent developments affecting energy markets, including the closure of the Strait of Hormuz and falling water levels in the Danube and Prut rivers, had contributed to rising energy prices and created fresh uncertainty.
“For this reason, we have proposed an additional €30 million for the Republic of Moldova and its citizens to ease the burden of high energy costs for Moldovans most in need of support,” Kos said.
Marta Kos said that the European Union would continue to support the Republic of Moldova in strengthening its energy independence and developing its economy. She also announced that a new financial support package would be prepared next year, with funding to begin in 2028. Meanwhile, assistance would continue under the €1.9 billion Growth Plan for Moldova, which runs until the end of 2027.
According to Marta Kos, if the Republic of Moldova continues its reforms at the current pace, it could close up to 25 negotiating chapters by the end of 2027, paving the way for accession talks to conclude in early 2028.