Moldova: parliament adopts state budget for 2024

The parliament voted for the state budget for 2024, aimed at backing the social, education and infrastructure’s development fields, in the second reading on December 22. The document provides for the increase in the childbirth allowance, growth of the salaries of teachers by 15% and doubling scholarships of the students from the faculties with pedagogical…

Moldova: European Village 2 Program launched

Minister of Infrastructure and Regional Development Andrei Spinu has launched the call for local public authorities to participate in the European Village 2 program. According to the official, the second project aims to fully support all localities for the construction of aqueducts. The European Village Program initiative was launched less than two years ago by…

Moldova: 69 companies to receive grants worth up to 2 million lei to invest in upgrading energy efficiency

69 companies will benefit from grants worth up to 2 million lei (100,000 euros) on behalf of the Moldovan state and the European Union through the Programme on Upgading and Energy Efficiency, managed by the Organization for Entrepreneurship Development (ODA). The contracts on financing were signed by beneficiaries. The overall sum of the non-refundable financing…

Moldova: financing contract for rehabilitation of North-South railway corridor signed

Moldova will receive a loan of 41.205 million euros from the European Investment Bank (EIB) and a grant of 12 million euros from the European Union. The financial resources will be directed to the rehabilitation of the railway corridor Valcinet-Ocnita-Balti-Ungheni-Chisinau-Cainari. The financing contract was signed by Minister of Finance Petru Rotaru and Director for Enlargement…