Espreso. Global

EU should create version of 'Marshall Plan' to finance development of Moldova, Ukraine - Sandu

29 April, 2024 Monday
18:57

Moldovan President Maia Sandu says that the EU should develop an 'equivalent' version of the US World War II Marshall Plan to finance development projects in Moldova and Ukraine

client/title.list_title

This is reported by Euractive.

"Just as Western Europe was offered an economic lifeline after the Second World War by the American Marshall Plan, Moldova and Ukraine need a tightly focused 21st-century equivalent from the European Union," Sandu said at the EU's annual budget conference in Brussels.

Signed by former US President Harry Truman in 1948, the Marshall Plan - named after then-Secretary of State George Marshall - provided billions of dollars in economic aid to European countries devastated by World War II.

It is noted that Moldova, which, along with Ukraine, received the green light last year to start negotiations on EU accession, has the second lowest GDP per capita in Europe.

"The Marshall Plan was designed to show to an exhausted continent that capitalism and democracy were a better way forward than anything offered by Communism. Today’s modern version will also need to offer similar hope to those of us working our way towards EU membership," the Moldovan president added.

Sandu has repeatedly stressed that the bloc's budget should not only finance critical green, digital and infrastructure projects, but should also aim to protect the values that are under threat from "forces with a dark vision" for the European continent.

"We still need to do all of that – but we also need to invest in saving lives, bringing back peace, and defending liberty at key moments in history," she added.

Sandu expressed optimism about Europe's ability to face the security challenges posed by Russia's ongoing aggression against Ukraine: " Europe has always stepped up and found the resources to help because we Europeans believe that the expansion of evil can be stopped only through the enlargement of goodness."

What is known about Moldova's accession to the EU

On December 14, 2023, the European Council decided to start accession negotiations with Ukraine and Moldova, and also granted candidate status to Georgia.

At the end of December, Moldovan President Maia Sandu asked for support for her re-nomination in the autumn 2024 elections. At the same time, she would like to hold a national referendum on membership in the European Union. Sandu stressed that the referendum on Moldova's accession to the EU would be held without Transnistria.

On January 25, Moldovan President Maia Sandu began consultations on the organisation of a referendum on Moldova's accession to the European Union.

On March 19, Sandu asked the Moldovan parliament to call a referendum on EU accession. The Constitutional Court recognised the referendum as legal.

When Moldova starts negotiations on EU accession, its progress will be considered separately from Ukraine, despite the fact that both countries received candidate status at the same time, said the EU Ambassador to the Republic of Moldova, Janis Mažeiks.

Tags:
  • News
2024, Thursday
26 December
18:05
Aktau plane crash: Baku blames Russian missile for tragedy
17:46
Canada's political crisis in 2025: impact on Ukraine's support
17:20
Russia strikes hit Slatyne, Zolochiv in Kharkiv region: casualties reported
16:52
OPINION
Russia aims for Finnish scenario, leading to Georgian outcome
16:34
Thailand accepts Russia's invitation to become BRICS partner
16:17
Ukraine’s 2024 defense leaves Russia bleeding for minimal gains
15:54
Russia claims France proposed Ukraine war dialogue without Kyiv's involvement
15:35
Exclusive
Russia delays start of meaningful peace talks with Ukraine — political scientist
15:13
Russia's Pantsir air defense system
Russian air defense AI system linked to Azerbaijani plane crash
14:50
"Kremlin Mouthpieces": Ukraine unveils list of Russian propagandists and media managers
14:48
Updated
Eight injured in Russian drone attack on central market in Ukraine’s Nikopol
14:30
Biden targets Russian oil revenues to bolster Ukraine as presidency ends
14:15
Exclusive
Russia builds road near Ukraine’s Mariupol to hide military equipment movement - local official
13:54
Exclusive
Russia struggles as Kerch Strait tanker accident sparks daily fallout - Ukrainian Navy
13:37
Ukraine's Air Force strikes military-industrial facility in Russia's Rostov region
13:15
Sanctioned Russian ship unloads fuel into storage after failing to find buyer - media
12:55
Russia ready for ‘consultations on Ukraine’ with Trump administration, says FM
12:31
"How to hunt Ukrainian UAVs on live bait": Ukraine releases notes from North Korean soldier killed in Kursk
12:14
Russian commanders abandon bodies of fallen soldiers in Kherson assaults
11:51
Czech company secretly sends reactor equipment to Ukraine
11:32
Review
Russia is again testing NATO's borders: Serhiy Zgurets’ column
11:15
Exclusive
Russia attacks with small infantry units, rarely using equipment — Ukraine's Rubizh Brigade
10:54
217 clashes occur on Russian-Ukrainian front: Ukraine repel 57 attacks in Pokrovsk sector
10:30
Biden directs Pentagon to step up aid to Ukraine after Russia's Christmas attack
10:14
Russia claims UAV attack: debris hits facility in Volgograd, power outages sweep Belgorod
09:54
Ukrainian troops capture Egyptian citizen fighting for Russia in Toretsk sector
09:35
Russia loses over 780,000 soldiers since launching war in Ukraine
09:00
Interview
Benefits of Ukraine’s EU integration are obvious — these are tangible social and economic transformations. MEP Paulius Saudargas tells Espreso about prospects of Ukraine's accession to EU
2024, Wednesday
25 December
20:15
Japan to transfer $3 billion to Ukraine from frozen Russian assets
19:58
Azerbaijani plane crash may become problem for Putin – analyst
19:45
Russia seizes Novoolenivka, Storozheve in Donetsk region - DeepState
19:30
Exclusive
Expert explains U.S. aid options for Ukraine before Trump's inauguration
19:18
Russia behind downing of Azerbaijani plane that crashed in Kazakhstan - expert
18:57
Russian army launches 35 attacks on Ukrainian positions in Pokrovsk sector
18:39
Ukrainian forces strike command post of Russia's 810th Brigade in Kursk region
18:22
7,500 people remain in Ukraine's frontline city of Pokrovsk, as Russian forces advance
18:01
OPINION
We have no history of independent living to draw from
17:40
Ukrainian poet Oleksii Bezpaltsev killed in combat
17:22
Ukraine loses some positions near Kurakhove, says military command
17:04
Exclusive
Kherson faces risk as Russia aims for foothold on Dnipro's islands
More news