The Role of Financing Economic Entities through European Funds in Strengthening Financial Sustainability in the Republic of Moldova

Abstract

The importance and topicality of the research topic is determined by the recent dynamics of relations between the Republic of Moldova and the European Union, especially after obtaining candidate country status in 2022 and the start of accession negotiations in 2023. In this new framework, accessing European funds through programs such as EU4Moldova or Horizon Europe represents not only an economic opportunity, but also a test of the country's institutional and administrative capacity to align with European standards. With changing priorities at European and global levels, the new strategic funding directions reflect a growing focus on sustainability, innovation, digitalization and economic inclusion. These trends offer both promising opportunities for the development of the local business environment, as well as challenges regarding the adaptation of strategies for accessing external financing. European funds are managed through various programs and financial instruments that aim to improve economic conditions, reduce regional disparities and stimulate sustainable and inclusive growth. Especially for economic agents, the use of these funds constitutes an important lever for increasing competitiveness, innovation capacity and expansion on international markets. The strategic approach, based on rigorous planning and solid partnerships, is essential for maximizing the positive impact of European funds on the national business environment. UDC: [339.726:061.1EU]:332.146(478); JEL: G10