Negotiators from the European Parliament and the Council of the EU have reached a provisional agreement on Wednesday on the Reform and Growth Facility for Moldova. The Facility aims to support Moldova in facing significant challenges, notably to mitigate the profound impact of Russia’s war of aggression against Ukraine on Moldova’s security, economy, and citizens’ livelihoods and to strengthen its resilience against the ongoing and unprecedented hybrid attacks and foreign malign interference targeting the country and democratic processes and institutions.

Key improvements:

Increased grant-based support: Negotiators agreed to allocate €520 million in grants – a €100 million increase compared to initial proposals – alongside €1.5 billion in low-interest loans. This adjustment ensures Moldova can implement reforms without unsustainable debt accumulation.

Accelerated funding access: The Facility provides 18% pre-financing, up from 7% originally, of total support, enabling…