Reports in the "Euromonitor" series aim at an independent and objective monitoring of the process of implementation of the Republic of Moldova – European Union Actions Plan. This report monitors the actions taken and implemented by both parties in the fourth quarter of 2008. Moldova’s inclusion in the draft Eastern Partnership, a new EU initiative aimed to deepen relations with former Soviet neighbours, was the key achievement. Additionally, there were meetings of EU-Moldova cooperation bodies, visits by Moldovan and European officials to Brussels and Chisinau, bilateral meetings with high-ranking officials from EU member states. Multiple diplomatic efforts in the period concerned failed to resume the “5+2” negotiation process. On the economic side, the fallout from the world economic crisis is increasingly more present in Moldova.