Moldova is set to receive the largest financial assistance package in its history since gaining independence, amounting to approximately 1.8 billion euros from the European Union. This funding is intended to support reforms, enhance energy security, and provide aid to the population, including the Transnistria region, as announced by Moldovan President Maia Sandu on Tuesday.
⠀
The announcement came during an official visit to Chisinau by EU Commissioner for Enlargement, Marta Kos. During her visit, key discussions were held with Moldovan authorities regarding the country’s European integration process and the current challenges in the energy sector.
⠀
“The European Union is introducing a new support package to alleviate the impact of the ongoing crisis. These funds will partially offset the rise in electricity tariffs for citizens and businesses on the right bank of the Dniester River. For the left bank (Transnistria), the assistance will extend beyond immediate relief. The total financial package of 1.8 billion euros will also be directed toward supporting reforms and strengthening energy security. The aid will be disbursed in several phases,” Sandu stated during a joint press conference with Kos.
⠀
Sandu emphasized that significant investments will be made in Moldova’s energy sector over the next two years to improve its safety, efficiency, and affordability for both the economy and citizens.
⠀
Earlier, Moldova’s Emergency Commission approved the allocation of 20 million euros from an EU grant to purchase gas for Transnistria. Deliveries are scheduled to continue until February 10. On Saturday, Moldova’s state energy supplier, Energocom, began purchasing natural gas from European exchanges to meet the needs of Transnistrian consumers. The same day, a state-owned enterprise in Transnistria resumed electricity generation using gas, ending rolling blackouts. By Sunday, heating was restored to residential buildings in the region.
