EU Adopts New Action Plans for Moldova, Georgia

The European Union has adopted new cooperation programs for Moldova and Georgia for 2010.

The annual action program for Moldova is worth 66 million euros (USD81 million) and is designed to support the new Moldovan government’s anti-poverty agenda. It will focus on projects that aim to develop new energy sources for the country, which remains reliant on foreign energy sources.

Meanwhile, the EU action program for Georgia is worth 37 million euros and is aimed at reducing the country’s regional disparities. It also seeks to help stimulate Georgia’s economic growth and support the country’s ongoing public finance management reform.

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  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.