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This is the 4th issue of the Regional Economic Review: Transnistrian region, which analyses the economic evolution of the region from Dniester’s left bank, explains the key macroeconomic and sector-level trends in the region and…
Экономические реалии Приднестровья (Realitatea Economică Transnistreană) – ежеквартальное издание, в котором обозначены важнейшие аспекты развития экономической и политической ситуации в Приднестровье. Главные идеи этого выпуска Уже на протяжении четырех кварталов экономики обоих берегах Днестра дистанцируются…
For 4 consecutive quarters, the economies on both banks of the Nistru river have been diverging from the economical point of view. In Q2:2016, the convergence indicator fell to 94.8% (97.1% in Q2:2015) due to…
Экономические реалии Приднестровья (Realitatea Economică Transnistreană) – ежеквартальное издание, в котором обозначены важнейшие аспекты развития экономической и политической ситуации в Приднестровье. Главные идеи этого выпуска Экономики обоих берегов Днестра начали дистанцироваться со структурной точки зрения.…
Transnistrian Economic Review is a quarterly publication about the main economic and political developments in the eastern districts of the Republic of Moldova. Key messages of this edition The economies on both banks of the…
Key messages of this edition Despite internal and external constraints, in 2015 the economy fell by only 0.5%, which was close to the baselinescenario of the Expert-Grup forecast (-0.8%) for the given year. The only…
Key messages from the current issue The level of economic development between both banks of the Nistru river is getting closes, amid the worsening economic situation in both zones. Nonetheless, the downturn in the Transnistrian…
Summary This EUROMONITOR Report - First achievements and difficulties in implementing the EU-Moldova Association Agreement presents the monitoring results of the EU-Moldova Association Agreement implementation during July 2015 - December 2016. The Association for Participatory…
This is the 13th issue of the Moldova Economic Growth Analysis (MEGA), which analyzes the key macroeconomic and sector-level trends in 2015 and provides forecasts for key economic indicators for the next two years.  Key…
Это третий выпуск издания „Региональный экономический журнал: Приднестровье”, который проанализирует экономическую эволюцию Приднестровья, основные макроэкономические и секторные тенденции к концу 2015 года и предоставит прогнозы в отношении ключевых экономических показателей в 2016 г. Главные идеи…
Moldovan economy is still in recession. For the 11th consecutive month, the Economic Leading Indicator (ELI) - an index calculated monthly by Expert-Grup and which aggregates six main macroeconomic indicators, is below 100, which indicates…
Key messages of the report: The report covers commitments undertaken by national authorities in 23 political areas, 15 fields related to economic and sector cooperation and 10 fields related to Deep and Comprehensive Free Trade…
Key messages from the edition Moldovan economy continues its decline. In June 2015, the Economic Leading Indicator (ELI) - an index calculated monthly by Expert-Grup and which aggregates six main macroeconomic indicators, is down 1.6 points…
Abstract The current adverse economic developments in Moldova, unlike previous years, are mostly determined by domestic influences rather than external ones. The banking crisis had a crucial impact in deteriorating economic situation in Moldova, even…
This analysis was initiated and developed in the context of the events as of 10 June 2015 when the Moldovan policy makers indirectly decided upon the inadmissibility of a new program with the International Monetary…
Key points from this edition Economic growth will slow noticeably and the economy is expected to stagnate by the end of this year. In the context of these extremely difficult economic, social and political conditions,…
Key messages from the report According to the Kroll report, the amount of allegedly fraudulent loans (plus interest) reached 18 billion MDL ($1 billion), while the financial engineering conducted at these three banks were aimed…
Moldova’s economy remains exposed to external shocks. Economic Leading Indicator, calculated by Expert-Grup and which includes six benchmark macroeconomic metrics, settled at 89 points after a continuous seven month’ decline, although it is still well…
In recent months, the situation in our banking system has worsened considerably. All institutions responsible for the economic security silently allowed these fraudulent mega-transactions to materialize, therefore leading to the de-capitalization of these three systemic…
See below the abstract. Download here the full report in English. The 2015 is going to be a difficult economic year, the Gross Domestic Product being expected to decline by about 0.2% according to the…
Key messages of the report. Download the full report here. Russian Federation has been one of the main export partners of the Republic of Moldova during the whole transition period. However, the share of exports…
Executive Summary Moldova was clearly in “false start” at the beginning of 2015. The turmoil on the foreign exchange market was just a high-intensity sequence in a systemic trend of depreciation of the Moldovan Leu…
Moldovan economy slows down continuously. Economic Leading Indicator - Expert-Grup’s monthly index which includes 6 main macroeconomic metrics, has fallen for the 3rd month in a row, at 87 points. This dynamic shows ongoing negative…
This is an op-en wrote by Adrian Lupușor. Read more in the Romanian version.
Abstract The Q4-2014 issue of the Transnistrian Economic Review points an increase of the convergence index between the Moldovan and Transnistrian economies. Currently at 93.9%, the index recovered 0.4 percentage points over the second quarter,…
Expert-Grup is launching its seveth annual economic review of the Republic of Moldova. The review includes: Top 5 successes in 2014 Top 5 failures in 2014 Top 5 challenges for 2015 The document includes 7…
Expert-Grup launches the second issue of the Regional Economic Review: Transnistrian region. The report analyses the growth trends and economic risks of the Transnistrian region.  The report is available in three languages: English, Romanian, Russian. Extras:…
Expert-Grup launched the 11th issue of the economic magazine MEGA: Moldova Economic Growth Analysis. The current edition analyzes the key macroeconomic and sector-level trends in 2014, provides forecasts for key economic indicators for 2015 and offers…
This publication is only available in Romanian.
This publication is only available in Romanian.
Economiile din dreapta și stânga Nistrului continuă să se distanțeze reciproc, fapt ce va complica implementarea prevederilor Acordului de Asociere cu UE pe teritoriul regiunii transnistrene.Conform ultimelor date disponibile, pe parcursul trimestrului 2 al anului…
According to the July edition of the Real Economy, Moldovan economy shows continuous sings of a pronounced shift towards the EU market. In the first five months of the year, exports to the EU increased…
Regional Economic Review: Transnistrian region marks the launch of a new analytical product by EXPERT-GRUP, which analyzes the economic evolution of the regions of the Republic of Moldova. The first issue offers an insight on the economy…
Publication preview (the full version is only available in Romanian). This year signaled a continuously worsening economic situation in Moldova. According to our estimates from the previous issues of the publication, Moldova's economy constantly slows…
Q2-2014. Divergence process between the two economies from both Dniester banks continues. According to the latest data available, in Q1-2014, the convergence index, computed by EXPERT-GRUP, continued its negative trend started in 2013, caused by…
Publication preview (the full version is only available in Romanian) Some worrying trends for Moldovan economy were outlined in the reviewed period. Therefore, during the first three months of this year, the Economic Leading Indicator…
Independent Think-Tank EXPERT-GRUP presents the findings of its 10th issue of the Moldova Economic Growth Analysis (MEGA), which analyzes the evolution of the Moldovan economy in 2013 and the beginning of 2014, explains the key…
In the 4th quarter of 2013, 5 Reports of the Court of Accounts related to public funds management and audit were published. This report especially covers 4 of them: Audit report from the local authorities…
Moldovan economy continued to improve in February 2014.  Economic Leading Indicator maintained its ascending trend in Junuary 2014. The increase was determined mainly by the evolution of exports, internal consumption and credit activity. Nonetheless, several…
Moldovan economy continues to grow, but some internal and external risks persist. In December 2013, the Economic Leading Indicator (ELI) continued its ascending trend, with a 2.4% increase from the previous month (100.9 from 98.5…
We are happy to announce the launching of Transnistrian Economic Review - a quarterly publication that will seek to identify the most important political and economic evolutions in the eastern districts of Moldova. Its readers'…
In the 3rd quarter of 2013, 17 Reports of the Court of Accounts related to public funds management and audit were published. This report especially covers 4 reports: Audit Reports from the National Clinical Hospitcal…
This is the sixth annual economic review developed by Independent Think-Tank EXPERT-GRUP. By far, similar reviews were made between 2008-2012, aimed to offer our readers a comprehensive look over the major economic evolutions of the…
Moldovan economy keeps recovering, but not quickly enough. In October, the Economic Leading Indicator (ELI) increased by 2 points compared to the previous month (98.9 compared to 96.9 points), highlighting a continuation of the ascending…
In the current year, Moldovan economy has managed to maintain its recovery trend after the 2012 contraction. Moreover, the evolution of the Economic Leading Indicator (ELI) – a monthly computed index by EXPERT GRUP, shows…
This study is developed based on a structural model with regression equations which shows the quantitative features of the Moldova economic relationships. The causal relationships, as well as external variables were determined under the opinion…
The Moldovan economy will post a fledgling recovery in 2013, being followed by a moderate stabilization in 2014. Hence, favorable climate conditions from the current year will trigger a 20% compensatory growth in agriculture, which…
The Economic Leading Indicator updated for May:13 shows a fledgling revival, mainly supported by a healthy expansion in lending, remittances and consumption. However, the recent climate anomalies are likely to take their toll on the…
The Economic Leading Indicator up-dated with the latest data available is sending mixed signals. On the one hand, exports to EU are declining, while remittances and money in circulation decelerated their growth. On the other…
According to the last statistical data, the Moldovan economy remained volatile with relatively gloom immediate prospects. For the following months, the biggest challenge will be to consolidate the macroeconomic stability amid escalating political tensions and…
The economic leading indicator suggests the Moldovan economy entering into a nascent recovery phase in 2013. Nevertheless, the sluggish and volatile dynamics of this indicator points to a rather modest growth for the upcoming years,…
The purpose of this report is to provide an impact assessment of the future Deep and Comprehensive Free Trade Agreement (DCFTA) between the Republic of Moldova and European Union on the transnistria region and the…
The end of 2012 brought a mix of worrisome and optimistic news regarding the macroeconomic conditions. On the bright side, the economic downturn ended. On the dark one, the growth prospects are quite bleak. In…
External and weather shocks are to be blamed for the economic downturn Moldova suffered in 2012. At the same time, as we warned repeatedly in previous editions of the MEGA, the vulnerability of Moldovan economy…
Despite the negative economic growth registered in the third quater of 2012 and which is estimated to have persisted until the end of the year, the economic leading indicator (ELI) computed by EXPERT-GRUP posted a…

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