Moldova GDP Growth To Hit 3% In 2026 After Pro-EU Election Win

Benzinga_recent_news

Oct 07, 2025

Moldova's economy is forecast to accelerate next year, supported by a landslide victory by a pro-European party in parliamentary elections last month. The Party of Action and Solidarity (PAS) won ...

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The pro-Russian Patriotic Electoral Bloc  received 24.2% of the vote on September 28.\"The outcome of Moldova's parliamentary election reduces near-term political uncertainty and will support greater integration with the EU,\" Fitch Ratings said on September 30. Strong European Union  support has \"helped Moldova navigate successive shocks in recent years, but high geopolitical risk and projected large twin deficits remain credit weaknesses.\". The credit ratings agency has forecasted that the country's gross domestic product  growth will rise to 3% in 2026 and 4% in 2027, from 1.4% in 2025. The country's current account deficit will decline to 12.5% in 2027, from 16% in 2026, according to Fitch","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NATO":"Themes Transatlantic Defense ETF","BK4156":"煤与消费用燃料","BK4213":"石油与天然气的勘探与生产","BK4181":"酒店及度假村房地产投资信托","GDP":"古德里奇","PEB":"Pebblebrook Hotel Trust","BK4218":"酒店及度假村房地产信托"},"translate_title":"亲欧盟选举获胜后摩尔多瓦GDP增长将在2026年达到3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEB":1,"GDP":1,"NATO":1},"content_text":"Moldova's economy is forecast to accelerate next year, supported by a landslide victory by a pro-European party in parliamentary elections last month.\nThe Party of Action and Solidarity (PAS) won 50.2% of the votes and 55 of 101 seats in the parliamentary election, despite alleged interference by Moscow. The pro-Russian Patriotic Electoral Bloc (PEB) received 24.2% of the vote on September 28.\n\"The outcome of Moldova's parliamentary election reduces near-term political uncertainty and will support greater integration with the EU,\" Fitch Ratings said on September 30. Strong European Union (EU) support has \"helped Moldova navigate successive shocks in recent years, but high geopolitical risk and projected large twin deficits remain credit weaknesses.\"\nThe credit ratings agency has forecasted that the country's gross domestic product (GDP) growth will rise to 3% in 2026 and 4% in 2027, from 1.4% in 2025. The country's current account deficit will decline to 12.5% in 2027, from 16% in 2026, according to Fitch.\nThe country, with a population of 2.4 million, remains vulnerable to external energy shocks and geopolitical uncertainty. The former Soviet Republic, wedged between Ukraine and Romania, still finds itself caught between its aspirations to the EU and Moscow's strategic geopolitical ambitions.\nThe EU welcomed the results of the parliamentary elections. President of the European Commission Ursula von der Leyen said that Moldova indicated a clear choice – \"Europe. Democracy. \"Freedom.\"\nPolish Prime Minister Donald Tusk wrote on X that Moldovan President Maia Sandu \"saved democracy\" and \"stopped Russia in its attempt to take control over the whole region.\" Ukraine's President Volodymyr Zelensky likewise praised the results, adding that \"these elections showed that Russia's destabilizing activity loses, while Moldova in Europe wins.\"\nThe Kremlin's spokesperson Dmitry Peskov said that \"hundreds of thousands of Moldovans were deprived of the opportunity to vote in Russia because there were only two polling stations open to them, which was of course insufficient.\"\nThe election took place amid heightened tensions between the West and Russia. Moscow has sparked concerns about a broader hybrid war after Russia made multiple unprecedented airspace violations into the North Atlantic Treaty Organization's (NATO) eastern front of Estonia, Romania, and Poland last month.\n\"Moldova's parliamentary election…was never just about domestic politics,\" Tinatin Akhvlediani, Research Fellow at Centre for European Policy Studies, wrote on October 1. \"It was a test of whether one of Europe's fragile democracies could withstand relentless Russian interference – and whether the European project and its ideals could still prevail on its frontiers.\"\nSandu, who ran for office in December 2020 and re-elected in November 2024, stated that the country had successfully repelled Russian  interference in its elections..\nMoscow failed to achieve its objectives \"to capture Moldova through the elections,\" she said. The Moldovan foreign ministry accused Russia of \"notable attempts\" at election interference.\nOn September 30, Moldovan authorities investigated whether Russia had mobilized groups to incite mass riots and destabilize Moldova after the elections. They detained 74 people during 250 raids across the country.\nRussia, however, accused Moldovan authorities of having obstructed its citizens residing in Russia from casting their vote. Igor Dodon, leader of the Russophile PEB, said that there were instances of harassment towards Russophile voters, mostly his own electoral base.\nDodon called for protests in the aftermath of the parliamentary elections. While about 1,000 pro-Russian demonstrators gathered in front of the parliament on September 29, he accused authorities of preventing several thousand others from reaching the center of Chisinau.\nDespite optimism about EU integration, Moldova remained one of the poorest countries in Europe. The country's GDP per capita stood at $3,872.52 in 2024, well below the EU average of $43,145.\nMoldova's GDP grew by 1.6% in the second quarter this year from the same period last year, compared to Q2 of 2024. The country's GDP was €4.2 billion in the second quarter this year.\n\"The welfare and income gap between Moldova and the adjacent EU countries remains quite high,\" Robert Sperfeld, Senior Programme Officer in the East and South East Europe Division of the Berlin-based Heinrich-Böll-Stiftung, said. \"The ongoing Russian war against neighboring Ukraine that poses unpredictable risks for bigger investments in the country,\"\nThe EU will support Moldova's economy through a three-year €1.9 billion facility. The facility aims to support greater investment, including reducing infrastructure bottlenecks and galvanising structural reforms in key economic sectors.\nThe Moldovan government approved a bill on September 24 to ensure the safer export of Moldovan goods bound for the EU. The measure represented an essential step towards the free movement of goods in accordance with European legislation, according to former Minister of Economic Development, Doina Nistor.\nDespite the pro-European political election victory, Moldova remains deeply divided. PAS has increasingly relied on the diaspora as its key support constituency.\nIn last year's presidential election, 83% of the 330,000 voters living abroad supported Sandu, according to the European Union Institute for Strategic Studies. The PAS is now responsible for delivering \"tangible results\" for the country.\n\"No more excuses for both Moldova's government and the EC and its member states to delay accession negotiations,\" Sperfeld said. \"Tangible results and clear benefits of the pro-democratic and pro-European path must be realised.\"\nSimultaneously, the election sent a message to the Kremlin about the potential for dragging the country into a proxy conflict. They don't want a pro-Russian government to derail the country's EU ambitions, according to analysts.\nThe elections are a \"chance for Europeans to understand Putin's disinformation playbook and protect other vulnerable states from his influence,\" Leo Litra, visiting fellow of the European Council of Foreign Relations (ECFR), and Gabriele Valodskaite, coordinator of the ECFR European Security Programme, wrote.\nDisclaimer:\nAny opinions expressed in this article are not to be considered investment advice and are solely those of the authors. European Capital Insights is not responsible for any financial decisions made based on the contents of this article. Readers may use this article for information and educational purposes only. \nBenzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}