A bilateral cooperation agreement between Greece and Moldova was signed in Athens by Greece's Deputy Minister of Foreign Affairs, Haris Theocharis, and Moldova's Deputy Prime Minister and Minister of Economic Development and Digitalisation, Eugeniu Osmochescu.
According to an announcement, the Greek side will implement the agreement through the state-owned Hellenic Corporation of Assets and Participations, commonly known as the Growthfund, specifically via its Project Preparation Facility (PPF), which will provide technical support and transfer specialised expertise.
The agreement establishes a framework for cooperation to promote institutional reforms and strengthen Moldova's administrative capacity. The stated objective is to accelerate Moldova's convergence with the European Union, a path the country has been pursuing in recent years. The announcement notes that Greek experience is expected to be particularly useful in improving Moldova's effectiveness, including in the utilisation of European funds.
The agreement follows a 2025 memorandum that focused on supporting economic development and public sector reforms in Moldova. It is stated that the new agreement is expected to contribute to Moldova's European trajectory and to the absorption of EU funds amounting to 1.9 billion euros.
A key provision involves transferring know-how from the PPF to a new body to be established in Moldova, modelled on the Greek facility. This body will be responsible for shaping and maturing strategic projects and investments.
Commenting on the agreement, Haris Theocharis stated that Greece is pursuing "a modern and active economic diplomacy, with measurable results", adding that through the agreement, Greece exports expertise, strengthens institutions, and contributes to the development and European course of its partners. The announcement further states that the agreement strengthens bilateral relations and highlights Greece's role in supporting international reforms and development initiatives.
Eugeniu Osmochescu described the agreement as "an important milestone", reflecting a shared commitment to implementing high-impact reforms within a short timeframe. He said it provides a practical framework to translate progress into tangible results for citizens and the economy, and that its rapid completion demonstrates Moldova's capacity to act decisively. He added that the next phase will be the full operational activation of the agreement, with measurable results expected from 2026.
Panagiotis Stampoulidis, Deputy CEO of HCAP, said the agreement marks a significant moment in bilateral relations and reflects Greece's support for Moldova's European perspective, noting that the PPF's expertise will contribute to implementing Moldova's National Development Plan and advancing its path towards European integration.
