Moldova was in a closed apartment due to the reduction of exports due to weak domestic market and non -competitive products. This was stated by the country Deputy Prime Minister Octavian Kalmyk. Ria Novosti.
“Moldova is losing economic war. Moldavia products cannot withstand competition in foreign markets such as the European Union, where quality and packaging requirements are much more strict,” he said.
Kalmyk added that this situation leads to a decrease in the export market for Moldova goods and that the domestic market is weak due to the low income of the local population.
Recently, the Institute of Development and Social Initiatives Economic Policy Specialist (IDIS) Viitorul vyacheslav Ionitz announcedThis Moldova may face collapse due to a stagnation following a decrease in all the main sectors of the economy.
March 18 EU Council The package approved Moldova’s aid of 1.9 billion € is expected to accelerate the reform that will bring him closer to the European Union because of this money in the Republic, as well as reaching economic growth.
Russian Federation at the beginning of the Ministry of Foreign Affairs said Moldova is hypocritical about CIS.
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Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.