Press Release: European Union supports poverty reduction and economic growth in Moldova

The European Commission adopted on 1 June 2010 the Annual Action Programme 2010 for the Republic of Moldova, worth a €66 million.

This new cooperation programme will support the anti-poverty agenda of the new Moldovan government seeking to stimulate economic growth throughout the country. A special focus of the programme is put on reducing poverty in rural areas. Moreover, the assistance programme will support developments in the fields of energy and biomass, in order to contribute to a more secure and sustainable energy production in the Republic of Moldova. This support aims to reduce Moldova's almost complete dependence on foreign primary energy sources.