The National Bank of Moldova reported that First Deputy Governor Petru Rotaru spoke at the International Conference on “Economic growth amid global challenges”, setting out the central bank’s focus on maintaining price stability and supporting a stable financial system while linking financial modernisation to Moldova’s operational entry into the Single Euro Payments Area (SEPA). Rotaru argued that price stability underpins a predictable economic environment for households and that financial stability provides assurance for investors. He also stressed the role of cooperation among state institutions in aligning Moldova’s legal framework with European standards and implementing international best practices. On banking and payments modernisation, he pointed to the strategic priority of financial services digitalisation and noted that Moldova has been operationally part of SEPA since 6 October, which he said should reduce transaction costs for businesses and facilitate trade and investment.
National Bank of Moldova 2025-10-09
National Bank of Moldova highlights price stability priorities and SEPA operational entry at economic growth conference
First Deputy Governor Petru Rotaru of the National Bank of Moldova emphasized the central bank's commitment to price and financial system stability at an international conference. He highlighted aligning Moldova’s legal framework with European standards and the strategic priority of digitalizing financial services. Rotaru noted Moldova's recent entry into the Single Euro Payments Area (SEPA), expected to lower transaction costs and boost trade and investment.