The prospects for cooperation between the Republic of Moldova and European institutions in the field of financial services, stability of the financial-banking and non-banking sector, and integration into the EU financial market were the topics discussed by the Governor of the National Bank of Moldova, Anca Dragu, and the European Commissioner for Financial Services, Maria Luís Albuquerque. The meeting took place in Brussels as part of the annual economic and financial dialogue of the European Union with candidate countries for accession, reports IPN.

On the agenda of the discussions was also the recognition of the equivalence of the prudential banking framework of the Republic of Moldova with that of the EU. Another topic was the impact on the economy of the process of operational connection to the Single Euro Payments Area (SEPA).

“In recent years, we have made decisive progress in modernizing our payment infrastructure and adopting digital transformation, guided by a clear objective: building an inclusive, interoperable financial system that aligns with European standards,” declared Governor Anca Dragu.

During the meeting, the implementation status of the Reform Agenda related to the Growth Plan for the Republic of Moldova was analyzed, and discussions were held on the developments in aligning the national regulatory and supervisory framework in the financial field with EU legislation.

The annual economic and financial dialogue of the EU with regional partners is a high-level meeting organized by the Economic and Financial Affairs Council (ECOFIN) in Brussels. The main purpose is to guide candidate and potential candidate countries in preparation for EU accession.