5 Amendments of Fernando RUAS related to 2017/0007(COD)
Amendment 1 #
Proposal for a decision
Recital 1
Recital 1
(1) Relations between the European Union ('the Union') and the Republic of Moldova ('Moldova') continue to develop within the framework of the European Neighbourhood Policy (ENP) and the Eastern Partnership. Moldova joined the EU's Eastern Partnership in 2009, which was followed by the negotiation of an EU- Moldova Association Agreement. Thisat agreement, which was signed in June 2014 and entered into force on 1 July 2016, includes the gradual introduction of a Deep and Comprehensive Free Trade Area (DCFTA), was signed in June 2014 and entered into force on 1 July 2016hich will enable better political and economic integration with the Union.
Amendment 2 #
Proposal for a decision
Recital 3
Recital 3
(3) Following the appointment in early 2016 of a new government and of a new governor of the central bank, the Moldovan authorities have demonstrated a renewed commitment to moving forward with necessary political, social and economic reforms and to addressing the country´s governance, regulation and supervision challenges in the financial sector and in the area of public finance management.
Amendment 4 #
Proposal for a decision
Recital 5
Recital 5
(5) In a context of political transition and economic difficulties, in July 2016 the Moldovan authorities and the International Monetary Fund (IMF) agreed on a three- year Extended Credit Facility and Extended Fund Facility (ECF/EFF) arrangement in the amount of USD 178.7 million. The arrangement was approved by the IMF Board on 7 November 2016. Under this IMF programme the Moldovan authorities are expected to make swift improvements in financial sector governance, regulation and supervision, to strengthen policies that ensure macroeconomic and financial stability, and to foster sustainable and inclusive growth.
Amendment 5 #
Proposal for a decision
Recital 8
Recital 8
(8) Given that Moldova is a country covered by the ENP and is part of the Eastern Partnership, it should be considered to be eligible to receive macro- financial assistance from the Union.
Amendment 7 #
Proposal for a decision
Recital 11
Recital 11
(11) The Union's macro-financial assistance should aim to support the restoration of a sustainable external financing situation for Moldova thereby supporting, contributing to a greater political and macroeconomic stability of the country, as well as to its economic and social development.