Moldova: A small, vulnerable economy

26-07-2016

The economy of this small former Soviet republic, located to the north-east of Romania, is influenced by its proximity to both the EU and Russia. In recent years, Moldova's economy has been affected by political instability, exacerbated by perceptions of corruption as well as drought, the Russian and Ukrainian crises, and trade restrictions imposed by Russia after Moldova signed an Association Agreement with the EU in 2014.  

The economy of this small former Soviet republic, located to the north-east of Romania, is influenced by its proximity to both the EU and Russia. In recent years, Moldova's economy has been affected by political instability, exacerbated by perceptions of corruption as well as drought, the Russian and Ukrainian crises, and trade restrictions imposed by Russia after Moldova signed an Association Agreement with the EU in 2014.