Recitals
- Recital (1)The Union is founded on the values referred to in Article 2 of the Treaty on the European Union (TEU), which include democracy, the rule of…
- Recital (2)The Union enlargement process is built on established criteria, fair and rigorous conditionality and the principle of own merits. A firm…
- Recital (3)Russia’s war of aggression against Ukraine further showed that Union enlargement is a geo-strategic investment in peace, security and…
- Recital (4)It is in the common interest of the Union and Moldova to advance with the reforms to its political, legal and economic systems with a view…
- Recital (5)It is necessary to bring forward some of the advantages of Union membership before accession. Economic convergence is at the heart of those…
- Recital (6)As accession negotiations with Moldova opened in June 2024, it is important to provide necessary support to Moldova’s accession track.…
- Recital (7)The implementation of the Growth Plan for Moldova requires the appropriate funding under a dedicated new financing instrument (the…
- Recital (8)Given Russia’s unjust war of aggression against Ukraine, which has profoundly impacted Moldova’s security, economy, and citizens’…
- Recital (9)To achieve the goals of the Growth Plan for Moldova, emphasis with respect to investment areas should be placed on sectors that are likely…
- Recital (10)The Facility should build on the Association Agenda with Moldova as well as the work of the Economic and Investment Plan for the Eastern…
- Recital (11)Sustainable transport infrastructure is essential to improve connectivity between Moldova and the Union and it should contribute to the…
- Recital (12)The Facility should support investments and reforms that promote Moldova’s path to the digital transformation of the economy and society in…
- Recital (13)The support under the Facility should be provided to meet general and specific objectives, based on established criteria and with clear…
- Recital (14)In addition to boosting socio-economic convergence, the Facility should also help accelerate reforms related to the fundamentals of the…
- Recital (15)The Facility should help Moldova in its preparation for Union membership in line with the existing enlargement methodology.
- Recital (16)The Facility should complement the existing Economic and Financial Dialogue without compromising its scope, thereby enhancing economic…
- Recital (17)The Facility should promote the development effectiveness principles, respecting additionality to and complementarity with the support…
- Recital (18)In line with the principle of inclusive partnerships, the Commission should strive to ensure that Moldova’s parliament, local authorities,…
- Recital (19)Technical assistance, as well as cross-border cooperation assistance, should be provided in support of the objectives of the Facility and…
- Recital (20)The Facility should ensure consistency with, and support for, the general objectives of Union external action as laid down in Article 21…
- Recital (21)The Facility should boost innovation, research and cooperation between academic institutions and industry in support of the green and…
- Recital (22)Moldova should demonstrate a credible commitment to European values, including through its alignment with the Union’s Common Foreign and…
- Recital (23)In the implementation of the Facility, account should be taken of the Union’s strategic autonomy as well as of the Union and its Member…
- Recital (24)Activities under the Facility should support progress towards Union social, climate and environmental standards, and support progress…
- Recital (25)The implementation of this Regulation should be guided by the principles of equality and non-discrimination, as elaborated in the Union of…
- Recital (26)Reflecting the European Green Deal as Europe’s sustainable growth strategy and the importance of tackling climate and biodiversity…
- Recital (27)Projects are approved under the Neighbourhood Investment Platform after assessment by the Commission and subject to a positive opinion by…
- Recital (28)The Commission, in cooperation with the Member States and Moldova, should ensure the compliance, coherence, consistency and…
- Recital (29)The Facility should be supported with resources from the Neighbourhood, Development and International Cooperation Instrument – Global…
- Recital (30)Decisions on the release of funds referred to in Article 19(3) for the support in the form of loans should be adopted in the period from 1…
- Recital (31)In order to maximise the leverage of Union financial support to attract additional investment, and to ensure Union control over the…
- Recital (32)The financial liability from loans under the Facility should not constitute part of the amount of the External Action Guarantee within the…
- Recital (33)Horizontal financial rules adopted by the European Parliament and the Council on the basis of Article 322 of the Treaty on the Functioning…
- Recital (34)Restrictions on eligibility in award procedures under the Facility should be provided for, where appropriate, given the specific nature of…
- Recital (35)In order to ensure the efficient implementation of the Facility, including the facilitation of Moldova’s integration in European value…
- Recital (36)A Facility Agreement should be concluded with Moldova to set up the principles of the financial cooperation between the Union and Moldova,…
- Recital (37)The Facility Agreement should provide for the obligation for Moldova to ensure the collection of, and access to, data in compliance with…
- Recital (38)The implementation of the Facility should be underpinned by the Reform Agenda, providing a framework for boosting inclusive sustainable…
- Recital (39)The Reform Agenda should include targeted reform measures and priority investment areas, along with payment conditions in the form of…
- Recital (40)The Reform Agenda should include an explanation on how the measures are expected to contribute to the climate and environmental objectives…
- Recital (41)Measures under the Reform Agenda should contribute to improving an efficient public financial management and control system and an…
- Recital (42)The Reform Agenda should also include indicators for assessing progress towards the achievement of general and specific objectives of the…
- Recital (43)The Commission should assess the Reform Agenda based on the list of criteria set out in this Regulation. In order to ensure uniform…
- Recital (44)The work programme within the meaning of Article 110(2) of the Financial Regulation adopted in accordance with the relevant provisions of…
- Recital (45)Given the need for flexibility in the implementation of the Facility, it should be possible for Moldova to make a reasoned request to the…
- Recital (46)Financial support for the Reform Agenda should be possible in the form of a loan. In the context of Moldova’s financing needs, it is…
- Recital (47)It is appropriate to provide loans to Moldova on highly concessional terms with a maximum duration of 40 years and to not start the…
- Recital (48)Considering that the financial risks associated with the support to Moldova in the form of loans under the Facility are comparable to the…
- Recital (49)The provisioning rate for the financial liability from loans under this Regulation should be set at the rate of 9 % to be reviewed at least…
- Recital (50)In order to ensure that Moldova disposes of start-up funding for the implementation of the first reforms, it should have access to up to 18…
- Recital (51)It is important to guarantee both flexibility and programmability in providing Union support to Moldova. Moldova should submit on a…
- Recital (52)By way of derogation from Article 116(2) and (5) of the Financial Regulation, it is appropriate to set the payment deadline for…
- Recital (53)The Commission should provide, upon request of the European Parliament in the framework of the discharge procedure, detailed information…
- Recital (54)In the framework of the Union’s restrictive measures, adopted on the basis of Article 29 TEU and Article 215 TFEU, no funds or economic…
- Recital (55)In the interest of transparency and accountability, Moldova should publish data on final recipients receiving amounts of funding exceeding…
- Recital (56)In accordance with the Financial Regulation, Regulation (EU, Euratom) No 883/2013 of the European Parliament and of the Council and Council…
- Recital (57)In particular, in accordance with Regulations (Euratom, EC) No 2185/96 and (EU, Euratom) No 883/2013, the European Anti-Fraud Office (OLAF)…
- Recital (58)In accordance with Article 129 of the Financial Regulation, the necessary rights and access should be granted to the Commission, OLAF, the…
- Recital (59)The Commission should ensure that the financial interests of the Union are effectively protected under the Facility. Considering the long…
- Recital (60)Furthermore, Moldova should report the irregularities including fraud which have been the subject of a primary administrative or judicial…
- Recital (61)Moldova should establish a monitoring system feeding into a semi-annual report on the fulfilment of its Reform Agenda’s payment conditions…
- Recital (62)The Commission should ensure that clear monitoring and independent evaluation mechanisms are in place in order to provide effective…
- Recital (63)The Commission should provide an annual report to the European Parliament and the Council on progress towards the achievement of the…
- Recital (64)The Commission should carry out an evaluation of the Facility upon its completion.
- Recital (65)Moldova should support free, independent and pluralistic media that enhance and promote the understanding of Union values and the benefits…
- Recital (66)Implementation of the Facility should also be accompanied by enhanced strategic communication and public diplomacy to promote the values of…
- Recital (67)Since the objectives of this Regulation cannot be sufficiently achieved by the Member States, but can rather be better achieved at Union…
- Recital (68)In order to provide funding for Moldova in due time without further delay, this Regulation should enter into force on the day following…
Text as published in the Official Journal; for the authentic version, see EUR-Lex.
