The EU has announced a grant of €36.4 million euro for the Republic of Moldova to support fight against COVID-19 and police reform in the country. The funds are part of the EU’s Economy Recovery package, which aims at promoting investment in Moldova and support its recovery from the COVID-19 crisis.
Olivér Várhelyi, Commissioner for Neighbourhood and Enlargement, announced a grant of €36.4 million euro to the Republic of Moldova to strenghten the resilience of its health sector, support the economic recovery process and support the fight against COVID-19 in the law enforcement area. The EU’s Economic Recovery package reaches €600 million over the next three years to promote investments in Moldova and support its recovery from the COVID-19 crisis.
The fund consists of €21.4 million to support police reform in the Republic of Moldova to combat COVID-19, to continue progress in police reform and public trust, encourage the increase of the share of women in the police and promote a zero-tolerance policy toward corruption. The remaining €15 million aims to support the mitigating socio-economic impact of the COVID-19 pandemic. It consists in loans with subsidised interest rates, financial guarantees and grants for SMEs to help them mitigate the negative economic impact of the pandemic.
This support is part of Team Europe’s overall support to Moldova to overcome the pandemic and builds on joint efforts with EU Member States.