• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, August 31, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Foreign

Germany announces €77m aid package for Moldova

Aid

The Matters Press by The Matters Press
July 15, 2022
Reading Time: 1 min read
0
Swiss Bank expects profit of $50bn

German Foreign Minister Annalena Baerbock has promised 77 million euros (77.2 million dollars) to help Moldova cope with the fallout of the Ukraine conflict.

RELATED POSTS

Finance bill 2027, a wake-up call to free trade zone stakeholders

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

The conflict is ahead of a donor conference in the Romanian capital Bucharest on Friday.

The money was to be used to cushion rising energy prices, promote renewable energies and provide for refugees that Moldova is hosting from neighbouring Ukraine.

Baerbock said the aid for the ex-Soviet republic, which bordered Ukraine and Romania, was intended as a clear signal that Europe would not allow itself to be divided.

The majority of the money, 40 million euros was to benefit private households in order to cushion drastically increased energy prices.

Some 20 million euros is to be put into the expansion of renewable energies and the promotion of efficient energy use.

Meanwhile, 17 million euros would go to help the hundreds of thousands of Ukrainian war refugees that Moldova had taken in, Baerbock’s delegation said.

In addition, the country would receive material aid, for example, video drones, all-terrain vehicles or document-checking equipment for border protection.

The funds needed to be signed off by the Bundestag, however, before they could be disbursed.

Like Ukraine, Moldova had been an official EU membership candidate since June.

The country had taken in hundreds of thousands of refugees since the Russian invasion of Ukraine began at the end of February.

Representatives of 24 countries were due to attend the donor conference in Bucharest on Friday.

During her visit to Romania, Baerbock also planned to visit the Black Sea port of Constanța.

One of the proposed alternative hubs for the export of Ukrainian grain had not been possible from Ukrainian ports since the war began.

Tags: AidGerman
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Japan’s Sumitomo opens third plant in Phnom Penh’s SEZ
Economy/Technology

Finance bill 2027, a wake-up call to free trade zone stakeholders

August 30, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY

August 28, 2026
Southeast, Southwest worry over Atiku’s six-year policy plan
Economy/Technology

Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

August 25, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Tinubu’s era most peaceful period in Nigeria’s tertiary education since 1999 – TMSG

August 17, 2026
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Military gets pay rise

August 5, 2026
Police nab 233 officers for graft
News

Nigeria marches toward state police

August 4, 2026
Next Post
Nigeria moves to attain self-sufficiency in maize production by 2022

Nigeria, EU present report on maize value chain

Farmers urge Nigeria to fast-track tractor importation from Brazil

Farmers urge Nigeria to fast-track tractor importation from Brazil

Recommended Stories

Trading in Nigerian stock market dips further N83bn

Stock market rebounds by 1.07% amid buying interest

December 9, 2022
FIRS generates N4.2tn in 10 months

FIRS generates N309bn from education tax

November 10, 2022
Nigeria shifts attention to youth uplift, plans a month confab

Nigeria shifts attention to youth uplift, plans a month confab

October 1, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Finance bill 2027, a wake-up call to free trade zone stakeholders
  • ATIKU’S FUEL SUBSIDY RESTORATION CAMPAIGN PROMISE FAILS LITMUS TEST OF PRACTICABILITY AND SUSTAINABILITY
  • Atiku proposal will reduce distributable revenue, constrict cash flow to sub-nationals – IMPI

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us