Sharp Slowdown Underway

Preliminary data confirm that a slowdown in GDP growth is underway in Moldova, a small and relatively open economy highly exposed to the regional downturn. We forecast real GDP growth of 2.4% in 2012, with resilience in Russia and the CIS region shielding the country somewhat from the worst of the Eurozone crisis. Economic activity should accelerate again in 2013, we forecast economic growth to hit 5.8%

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