Governor of the National Bank of Moldova (BNM) Anca Dragu believes that the theft of a billion dollars from the banking system of the Republic of Moldova was a trauma for the entire economy of this state and argues that both the central bank in Chisinau and the Moldovan authorities must adopt measures to ensure that "such a moment will never be repeated."In an interview with AGERPRES, Anca Dragu voiced her concern about the low level of financial intermediation in the Republic of Moldova, pointing out that the amount of loans granted by the banking system in relation to the Gross Domestic Product is four times lower than the European Union average, namely 20-23% compared to 87-90% of the EU average.At the same time, the BNM official also spoke about the prospect of accession to the European Union, which should place the Republic of Moldova in the top preferences of foreign investors. She believes that investors who do not invest in Moldova now will regret it in five to ten years.In the view of the governor of the Central Bank of Moldova, the IT and energy sectors are the most attractive for companies interested in developing on the left bank of the Prut.According to Dragu, "it is important for the National Bank to achieve its main objective, which is to ensure price stability, that is inflation at a reasonable level, which ensures a reasonable cost of credit, because at an interest rate of 20-30%, as I said earlier, you cannot function. So the stability of these macro-economic variables, inflation, a predictable fiscal trajectory, these are the essential conditions for investments."
The budgetary measures taken so far by the government of Romania are insufficient for stabilising the public debt to GDP ratio, and taking further steps will be complicated by recession – a "very likely scenario" for H2 this year – and the lack of coherence among the members of the ruling coalition, according to Nichollas […]
In a celebration of gastronomic art, creativity, and passion that define the fine dining experience at the highest level, JW Marriott Bucharest Grand Hotel proudly hosted two exceptional culinary evenings with Michelin-starred Chef Theodor Falser, who has held a Michelin star for ten consecutive years. Held on September 24 and 27, the two events offered […]
Vegis.ro announces discounts of up to 70% on over 4,000 natural and organic products Vegis.ro, Romania’s largest online store for organic, natural, and bio products, kicks off its Black Friday campaign on November 6 at 8:00 PM, offering discounts of up to 70% on more than 4,000 products across categories such as Supplements and Remedies, […]
NATO Secretary General Mark Rutte tried to calm security worries during his visit to Bucharest, saying the Alliance’s commitment to Romania remains strong, even after recent changes to the US troop presence. Standing next to president Nicuşor Dan on Wednesday, November 5, Rutte stressed that NATO fully understands Romania’s strategic importance on the eastern...
During the General Meetings of Shareholders of EVERGENT Investments held on October 29, 2025, all proposals submitted by the Board of Directors and included on the agenda were approved by a large majority. The main resolutions adopted were: the implementation of a share buyback program for up to 43,300,000 own shares, to be carried out […]
Romania is ready to become a strategic partner for India in Central and Eastern Europe, as it has the necessary infrastructure, skills and is also a member of the largest common market in the world - the European Union, Minister of Economy Radu Mituta said, as the Ministry of Economy, Digital Transformation, Entrepreneurship and Tourism […]
