Commission welcomes political agreement on the €1.9 billion Reform and Growth Facility for Moldova
The European Commission has reached a political agreement with the European Parliament and Council on the establishment of a €1.9 billion Reform and Growth Facility for Moldova. This is a major element of the Growth Plan for Moldova proposed by the Commission in October 2024. The plan is the EUs largest financial support package for Moldova, aiming to boost the economy, provide significant aid, and accelerate the countrys EU membership path.
Commissioner for Enlargement Marta Kos emphasized the EUs commitment to Moldova, stating: “The €1.9 billion Facility will drive economic growth and strengthen reforms to anchor Moldova in the EU.”
The Facility will provide €1.9 billion based on Moldovas Reform Agenda, focusing on socio-economic reforms to integrate with the EU market. Funds will be released biannually following compliance checks.
More information is available online.
Commission allocates €99 million emergency aid to farmers in Spain, Croatia, Cyprus, Latvia, and Hungary
The Commission provides €98.6 million in emergency aid to farmers in these countries affected by extreme weather since spring 2024. Spain receives €68 million, Hungary €16.2 million, Croatia €6.7 million, Latvia €4.2 million, and Cyprus €3.5 million.
This aid supports farmers facing production and income losses and can be complemented by national funds up to 200%. Distribution must be completed by September 2025.
More details in the press release.
Commission approves €920 million German State aid for Infineon’s new semiconductor facility
The Commission approves €920 million aid for Infineons new semiconductor plant in Dresden. This project supports Europes digital economy and secure semiconductor supply.
More information in the press release.
Commission publishes brief on State aid under the Temporary Crisis and Transition Framework
The Commissions brief highlights the use of the Temporary Crisis and Transition Framework to support key sectors transitioning to a net-zero economy.
Commission clears acquisition of real estate assets by SEGRO and PSPIB
The Commission approves the acquisition of six logistic warehouses by SEGRO and PSPIB, with no competition concerns.
Details in the competition website.