Economic

The EU has launched Phase III of the EU4Business Facility. SMEs in the Republic of Moldova will benefit from support

The European Union has launched the third phase of the EU4Business Facility, which aims to support the sustainable economic growth of small and medium-sized enterprises (SMEs) in Armenia, Azerbaijan, Georgia, the Republic of Moldova and Ukraine.

The mechanism will monitor EU projects supporting private sector development in the Eastern Partnership region and assess their impact.

The main objective is to improve coordination and involve key stakeholders such as entrepreneurs and government agencies.

The EU4Business initiative aims to increase investment and job creation in the private sector, with a focus on supporting women entrepreneurs, rural businesses and young entrepreneurs.

Bogdan Nigai

Bogdan Nigai

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