(05 April 2018) – According to an EU report published today, Moldova has advanced with the implementation of some reforms, but “considerably more progress is needed” for its citizens to reap the full benefits of the Association Agreement.
The Republic of Moldova has managed to stabilise its economic situation and, with constant but conditional support from the European Union and other international partners, has progressed with the implementation of some reforms, including strengthening the Deep and Comprehensive Free Trade Area (DCFTA).
Further efforts, however, are still needed in particular in order to address high level corruption, recover the misappropriated funds from the one billion dollar banking fraud and bring to justice those responsible for the fraud. A thorough reform of the judicial system is also to be addressed.
The details are highlighted in a joint report, released today by the European External Action Service and the European Commission.