National Bank of Moldova highlights energy independence as a financial stability priority and is designated coordinator for key EU accession finance working groups

The National Bank of Moldova published an update on Governor Anca Dragu’s participation in discussions linked to the signing of a letter of intent to strengthen Moldova’s energy independence, stressing that greater energy resilience is important for the country’s economy and for financial and monetary stability. In the discussions held around the letter of intent signed by Prime Minister Dorin Recean and European Commissioner for Enlargement Marta Kos, the central bank highlighted the role of prudent monetary policy and robust financial regulation in supporting macroeconomic stability and attracting investment into energy infrastructure. The agenda also covered sustainable financing mechanisms, diversification of capital sources, the banking system’s role in facilitating the energy transition, and the digitalisation of financial services to improve economic efficiency; the letter of intent envisages financial support to address challenges in the energy sector, strategic investments to modernise national energy infrastructure, and reforms aimed at strengthening energy and economic security. In the context of Moldova’s relationship with the European Union, the National Bank of Moldova is designated as a coordinating institution alongside the Ministry of Finance for Working Group 4 on Free Movement of Capital, Working Group 9 on Financial Services, and Working Group 17 on Economic and Monetary Policy, and it participates in a wider set of working groups covering areas including internal market, competitiveness, taxation, statistics, justice and financial control.