Moldova risks remaining without external financing if the Government does not start to immediately implement the Association Agreement with the EU. Such conclusions were formulated in the talk show “Moldova live” on the public TV channel Moldova 1, IPN reports.

Former deputy minister of foreign affairs Iulian Groza, who is a member of the initiative group for creating the European People’s Party of Moldova, said that Moldova can annually lose €120 million that the EU could offer for developing certain areas. “It is sad, but our country could be deprived of those grants that we negotiated in 2012-201. The financing by grants depends on a number of conditions. There are particular policy matrixes that Moldova must follow. When Moldova does not manage to, the financing is stopped,” he stated.

Economic analyst Viorel Chivriga considers that Moldova didn’t honor its commitments and thus the EU can anytime stop offering financing. “Moldova entered a competition with itself. The reforms have been stagnant for almost a year. The reforms imply responsibilities, but the Government of Moldova does not want to assume them. We negotiated and signed the Association Agreement and now that the time came to implement it, the enthusiasm disappeared. If we undertook commitments, we must fulfill them. The people do not yet understand what European integration is. The European partners want changes for us and we should also want changes,” he said.

Economic analyst Viorel Garbu said the interruption in the provision of external financing will seriously affect Moldova. “Our country depends a lot on these projects of the Europeans. If the financing is stopped, all the arrest of the economy will be affected,” he stated.