EU pledges €120 million to help Moldova's air defence system
FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo
BRUSSELS, July 13 (Reuters) - The European Union pledged on Monday aid worth €120 million ($137.14 million) to strengthen the air defence system of Moldova.
• "The Council today adopted an assistance measure worth €120 million under the European Peace Facility in support of the Armed Forces of the Republic of Moldova to enhance the country’s air defence capabilities," said a statement from the Council of the EU.
• Moldova's relations with Russia have been soured by Moscow's invasion of Ukraine, its eastern neighbour, and it said last November that Russian drones had entered Moldovan airspace.
• Moldova is nestled between Ukraine and EU member Romania. It has a Romanian-speaking majority and a large Russian-speaking minority. Political power has oscillated for decades between parties supporting closer ties with Europe and those seeking better relations with Moscow.
($1 = 0.8750 euros)
(Reporting by Sudip Kar-Gupta; Editing by Kirsten Donovan)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US HHS launches initiative to improve response to missing autistic individuals
- Guggenheim fund hits 17-year low after short-seller claims
- US finalizes deep Colorado River water cuts to California, Nevada and Arizona
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share