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- W4251418001 abstract "Subject Moldova's economic crisis. Significance Moldova is still reeling from the banking crisis of November 2014, which deprived the economy of 1 billion dollars. The bailout of the three banks implicated in the scandal destabilised the financial system. Against the background of a flagging macroeconomic performance and a deepening financial crisis, which has seen a halt in support from major international institutions, the country has been rocked by protests. In October a non-confidence vote brought down the pro-EU government of Prime Minister Valeriu Strelet. Impacts Emergency measures needed to maintain monetary and fiscal discipline will meet a negative reaction from the Moldovan public. The government's popularity will further decline, possibly aiding pro-Russian parties. Compensation for depositors will come from the budget, which is likely to stretch expenditure beyond the fiscal system's ability." @default.
- W4251418001 created "2022-05-12" @default.
- W4251418001 date "2015-12-01" @default.
- W4251418001 modified "2023-09-27" @default.
- W4251418001 title "Moldova's real economy faces recession" @default.
- W4251418001 doi "https://doi.org/10.1108/oxan-db207014" @default.
- W4251418001 hasPublicationYear "2015" @default.
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