Moldova represented at annual high-level meeting of Economic and Financial Dialogue between EU and countries candidates for accession

A delegation of Moldova, led by Governor of the National Bank of Moldova (BNM) Anca Dragu and Finance Minister Andrian Gavrilita, is participating in the annual high-level meeting of the Economic and Financial Dialogue between the EU and the states candidates for accession to the European Union, held in Brussels  today.

The meeting is organized in the context of preparing of the EU candidate countries to meet the economic accession criteria, which require the existence of a functioning market economy and the capacity to cope with competitive pressures and market forces in the EU. Thus, the event provides a framework for dialogue based on the economic reform programmes of the candidate countries, with discussions also focusing on macroeconomic and financial prospects, in the context of geopolitical conflicts and trade tensions at international level.

In her speech, Governor Anca Dragu referred to the dynamics of macroeconomic indicators, highlighting concrete monetary policy measures, adopted in order to ensure medium-term price stability and to respond promptly to external risks.

"The banking system of Moldova is stable, well capitalized and oriented towards modernization. We continue to develop the regulation and supervision of the financial sector, ensuring alignment with EU rules and international standards. These efforts contribute directly to economic stability and support Moldova’s advancement on the path of European integration, with concrete results for citizens and the business environment," said Anca Dragu.

In the context, Anca Dragu also highlighted the adoption by BNM of a new framework on responsible lending, applicable to both banks and non-bank credit organizations, with the aim of protecting citizens from over-indebtedness. At the same time, particular emphasis was placed on European financial integration through the Single Euro Payments Area (SEPA), which has rapidly become the main channel for euro payments and has generated savings of millions for the business community, as well as substantial benefits for the economy in general.

The agenda of the visit to Brussels also includes a string of bilateral meetings with high-level officials – Maria Luís Albuquerque, European Commissioner for Financial Services and the Union of Economies and Investments; Gert Jan Koopman, Director-General of the European Commission’s Directorate-General for Neighbourhood and Enlargement Negotiations (DG NEAR); as well as Annika Eriksgaard, Deputy Director-General for Investment and International Affairs at the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN).