Romania’s president urged Moldova on Wednesday to reform its justice and banking systems so the government can get a $65 million loan that Moldova needs to prevent an economic collapse.
President Klaus Iohannis said he did not know how long it would take Moldova, a close ally, to fulfil the terms of the loan being offered by the Romanian government, which has demanded that Moldova fight corruption, sign a draft agreement for a loan from the International Monetary Fund and appoint a central bank governor to get the money.
“We are waiting for the first very concrete steps,” said Iohannis. “I think the (Moldovan) government has every interest in rapidly starting these reforms, but we can’t know whether it will take a month, three or six. We decided to give Moldova humanitarian aid ... to help people there.”
Moldova is one of Europe’s poorest countries, with an average monthly salary of just 220 euros ($245). The country has been hit by months of protests and political instability following the disappearance of more than $1 billion from three Moldovan banks prior to the November 2014 parliamentary election. Protesters are demanding a transparent probe into the missing money and a new election.
Iohannis met Moldovan President Nicolae Timofti in Bucharest to talk about Moldova’s current political and economic situation. Timofti said Moldova should stay on a pro-European course.
“We talked about political, geopolitical and economic risks. Avoiding them would place Moldova in a stable European space,” Timofti said.
Moldova, a former Soviet republic, signed a trade and political association agreement with the European Union in 2014, something Russia opposes.
Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
washingtonpost.com
|
|
Din aceeaşi secţiune
Cele mai noi ştiri de azi
Lithuanians create artificial intelligence with ability to identify fake news in 2 minutes
( ) Read all
The strange alliance between Russian Orthodox monarchists, American Christian Evangelicals and European fascists
( )
Read all
Russian and American Christian fundamentalists vow to fight ‘totalitarianism’ of modern society
U.S. Secretary of Energy Rick Perry will travel to Russia, Austria, and Romania
The Secretary is traveling to Russia at the invitation of Alexander Novak, Minister of Energy of the Russian Federation following their meetings at the World Economic Forum in Davos, Switzerland and the World Gas Conference in Washington, DC in July. During the visit, he will participate in...
( ) Read allRomania could get EUR 900 mln from EU to cover damages due to floods
Romania could receive EUR 900 million from the European Union (EU) to cover the damages produced by the floods this summer. Several ministries have sent reports to Brussels related to the damages caused by the floods, Digi24.ro reported.
( ) Read allDodon has sustained back injuries / The president was taken to hospital after his car crashed and turned over
Moldovan President Igor Dodon sustained injuries Sunday when the car he was traveling in was involved in a crash, officials said.
( ) Read all
Russia Responds to Evidence of Novichok Poisoning in Britain with Classic Maskirovka Measures
On Wednesday, September 5, British police revealed the names and published the photos of two Russian men they say flew to Britain over a weekend in March to poison former Russian spy Sergei Skripal and his daughter Yulia in the city of Salisbury. Authorities say the two suspects used Novichok,...
( ) Read all
The National Resistance Movement of Criminals. Learn the criminal past of “the resistance cells"
( ) Read all
Maia Sandu and Viorel Cibotaru stand up against building U.S. Embassy on old stadium territory
( ) Read all
Smallest number of Moldovans leave country under Filip government’s tenure, compared to previous governments, including the one Maia Sandu was Education Minister in
( ) Read all
V. Plahotniuc: There was Internal and External Pressure to Force Government and PDM to Intervene and Make Judges Validate the Elections
( ) Read all
The most read articles Timpul.md
- Moldova Refuses Entry to Romanians Calling for Reunification Citit de: 5719
- President Valdas Adamkus Conference 2018: Russia and Europe after Putin Citit de: 5395
- EURONEWS: On the trail of Moldovan wine Citit de: 2640
- Companies in Romania ready to pay higher salaries to draw new talent Citit de: 1992
- Is Russia blackmailing the Council of Europe? Citit de: 1756
Newest articles Timpul.md
- 24 Septembrie 2018, ora: 08:43 Lithuanians create artificial intelligence with ability to identify fake news in 2 minutes
- 20 Septembrie 2018, ora: 18:30 The strange alliance between Russian Orthodox monarchists, American Christian Evangelicals and European fascists
- 19 Septembrie 2018, ora: 08:20 The Geopolitical Divorce of the Century: Why Putin Cannot Afford to Let Ukraine Go
- 18 Septembrie 2018, ora: 09:38 Is Russia blackmailing the Council of Europe?
- 17 Septembrie 2018, ora: 18:02 Russian and American Christian fundamentalists vow to fight ‘totalitarianism’ of modern society
