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Romania to allocate €60 mln to Moldova after presidential and parliamentary approval

January 26, 18:18 UTC+3 BUCHREST
However, the Moldovan government should demonstrate adherence to reforms in the sphere of European integration, Romanian Prime Minister Dacian Ciolos says
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Dacian Ciolos and Pavel Filip

Dacian Ciolos and Pavel Filip

© EPA/ROBERT GHEMENT

BUCHAREST, January 26. /TASS/. The Romanian government will allocate €60 million in financial assistance to Moldova after presidential and parliamentary approval, Prime Minister Dacian Ciolos said on Tuesday after talks with his Romanian counterpart Pavel Filip.

"The first tranche worth €60 million will be allocated after the decision is approved by the country’s president and parliament. However, the Moldovan government should demonstrate adherence to reforms in the sphere of European integration," Ciolos said adding that Romania will send "necessities in the form of humanitarian aid" to Moldova in the next few days.

In October Romania pledged to allocate a loan of €150 million to Moldova with an interest rate of 1.5% The loan will be transferred to Moldova in several tranches in the next five years. However, the procedure was suspended last autumn by Romanian President Klaus Iohannis who expressed doubt "that Moldovan government will maintain its course toward European integration."

"Discontent of Moldovan citizens is understandable as the country needs reforms. We are ready to support the new government because it is important from the point of view of regional security, and we need stability. We call on Moldovan authorities to listen to the country’s civil society that wants to join EU," the Romanian prime minister noted.

"Romania’s support is vitally important for Moldova now. The government is under serious pressure but we categorically rule out snap election which the opposition insists upon. Moldova today needs stability," Filip said. He said "the authorities will establish dialogue with demonstrators."

Moldova found itself in a complicated economic situation after the European Union and World Bank suspended its financing over political instability and corruption charges against the government. The previous three-year cooperation program between Moldova and International Monetary Fund was launched at the end of January 2010 and ended in April 2013.

Mass protests have been held in Chisinau since last week, when the opposition picketed the parliament building where the new government was endorsed. It took six minutes for the parliamentary majority formed around the Democratic Party of Moldova to approve the cabinet of Pavel Flip. The candidate for prime minister was given no time to present the program of his future cabinet. This hasty appointment triggered riots, with protesters trying to storm the building. More than 30 people were injured in clashes with police.

The opposition refuses to recognize the government of Filip and insists on dissolving the parliament and carrying out early elections.

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