Moldova and Greece Launch Strategic Partnership for Economic Development and EU Fund Attraction

Moldova and Greece have signed a Memorandum of Understanding aimed at strengthening bilateral economic cooperation, in the context of the European Union Growth Plan for Moldova.

The document was signed by Deputy Prime Minister and Minister of Economic Development and Digitalization, Doina Nistor, and Greek Deputy Minister of Foreign Affairs, Theoharis Theoharis.

According to Moldovan authorities, the agreement establishes a concrete framework for cooperation, focused on enhancing institutional capacity and attracting investments, with emphasis on strategic economic development projects.

Strategic areas of cooperation
The Memorandum focuses on several essential components for Moldova’s economic modernization:

• Strengthening institutional and administrative capacity: Moldovan authorities will benefit from Greece’s expertise in the effective implementation of the EU Growth Plan;

• Project preparation and management: through the GrowthFund – Project Preparation Facility, Greece will provide support in the design, preparation, and implementation of major investment projects;

• Access to EU funds and implementation of strategic projects: the partnership aims to increase efficiency in attracting EU resources and transforming them into projects with tangible economic and social impact.

Benefits for Moldova and the business environment
Deputy Prime Minister Doina Nistor stated: “This agreement marks a new stage in Moldova-Greece relations and provides essential economic support for the implementation of the EU Growth Plan. By benefiting from Greece’s expertise in preparing and executing major investment projects, Moldova will be able to accelerate reforms, attract more EU funds, and bring tangible benefits to citizens and the business community.”

Thus, the Memorandum creates the premises for a more competitive and EU-integrated economy, contributing to the modernization of infrastructure and public services.

Duration and perspective of cooperation
The document is initially valid for two years, with automatic renewal, and will guide cooperation in key economic sectors. This period will allow authorities to implement pilot projects, test best practices, and develop sustainable programs for attracting investments and EU funds.

Strategic context: EU Growth Plan and economic reforms
The partnership with Greece comes at a crucial moment, as Moldova seeks to accelerate economic and social reforms, align with European standards, and increase attractiveness for foreign investments. Greece’s experience in implementing complex projects offers a strategic advantage for Chișinău, facilitating major investments with long-term positive impact.

Conclusion: a partnership for sustainable development and European integration
The signing of the Memorandum of Understanding marks a key moment in Moldova-Greece bilateral relations and creates a framework for projects that will deliver economic, social, and institutional benefits. Through this partnership, Moldova positions itself as a serious actor in attracting EU funds and implementing reforms necessary for a competitive and sustainable economy.