Moldova is at a pre-insolvency stage. The economic situation in the country is alarming and can any time cause serious consequences for the people, said Doctor of Economy Gheorghe Costandachi, who considers that the Government and Parliament must immediately take measures to prevent an economic catastrophe.

In a news conference at IPN, Gheorghe Costandachi said that in the previous elections the people voted for the pro-European parties in the hope that changes will be brought about, but nothing has been done since 2009. The employees of the state institutions are mainly relatives of the ruling elite. This way they control the state institutions and enjoy protectionism when implementing a series of raider attack schemes in the financial-banking sector. This led to the appearance of an economic-financial crisis in Moldova.

Gheorghe Costandachi noted that such a situation was reached also because the National Anticorruption Center, the Prosecutor General’s Office, the Security and Intelligence Service and the National Bank of Moldova didn’t intervene to stop the illegalities committed in the banking system.

According to the expert, the Government and Parliament should take immediate measures. First of all, the state institutions should be depoliticized as their politicization led to the oligarchization of the state. Parliament should also propose a package of laws to make sure that the money stolen from three banks is recovered, while the executive should suggest a draft decision whereby persons from the opposition and representatives of civil society will be involved in governance.