EU withholds $33 million loan to Moldova over justice reform hold-up.
CHISINAU (Reuters) - The European Union will not transfer a final tranche of loans worth 28 million euros ($33 million) to support Moldovan justice reforms as the authorities have not fulfilled the required conditions, the EU delegation to Moldova said on Wednesday.
The European Union is the ex-Soviet nation’s largest external donor, but payments have been frozen or repeatedly delayed by slow reform progress and political upheaval.
“The EU has closely observed the reform process and noted that the Moldovan authorities showed insufficient commitment to reforming the justice sector,” the delegation said in an online statement.
