Economic Reality, No. 8
Automatically translated summary. The full text is available in Romanian.
The eighth issue of Realitatea Economică, published by the Independent Think Tank “Expert-Grup” in Chișinău, reviews the Moldovan economy over the previous two months, a period shaped by electoral circumstances and the political goals of the governing party, and looks at economic developments during the crisis.
The issue criticises the Programme of the interim government. According to the text, its content and tone disappointed the public, who expected a clear set of anti-crisis measures but instead received a fresh portion of sterile patriotism.
It also notes that the deep recession in the first quarter, with the economy contracting by 6.9%, is somewhat milder than the average in Central and Eastern Europe. It is nevertheless severe enough to undermine the claim made by some representatives of the governing party that the political crisis and early elections triggered the country's economic crisis.
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