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EU to grant Moldova 7 million euros in institutional aid

EU to grant Moldova 7 million euros in institutional aid

The European Commission will grant Moldova 7 million euros ($10 million) for the implementation of institutional projects, Belgian media reported on Thursday.

According to Contact radio, EU experts will also provide the Moldovan authorities with assistance in developing national legislation in such areas as state aid to small and medium sized businesses and ensuring fair competition.

The European Commission said it would grant financial assistance to Moldova's government in the course of Prime Minister Vlad Filat's visit to Brussels on Wednesday.

Filat has set Moldova's integration into the EU area, building a rule-of-law state, and overcoming the domestic economic crisis among the country's top priorities.

An IMF mission is to visit Moldova on October 13 to finalize an anti-crisis package with the country's authorities.

Meanwhile, pensioners in Moldova's capital Chisinau blocked on Thursday the entrance into the municipal administration building in protest against a price hike on water utilities and public transportation.

Chisinau Mayor Dorin Chirtoaca was saved by his bodyguards after protestors attacked him outside his office on Tuesday evening. (RIA Novosti)


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