The delegation of the National Bank of Moldova (NBM), led by Governor Anca Dragu, is participating on 29 and 30 September in the Vienna Initiative Full Forum 2025, hosted in Brussels by the European Commission. This year's edition focuses on the Savings and Investments Union project for the economies of Central, Eastern, and Southeastern Europe.
The forum brings together high-level decision-makers, central bank governors, and international financial experts, serving as a platform for dialogue to strengthen financial stability and capital market integration in countries with developing and modernising economies, uniting the public and private sectors around a common vision for economic development.
On the sidelines of the event, NBM Governor Anca Dragu had an initial meeting with John Berringan, Director-General for Financial Stability, Financial Services, and Capital Markets Union at the European Commission (DG FISMA). The discussions focused on strengthening cooperation in the field of European integration, assessing the equivalence of the Moldovan banking prudential framework, and Moldova's progress in connecting its banking sector to the Single Euro Payments Area (SEPA).
"The National Bank of Moldova is fully committed to aligning with the highest European standards in regulation, supervision, ensuring the stability of the banking system, and European financial integration. In the near future, the Republic of Moldova will become an operational part of SEPA, which means a real opening towards the European Union and significant support for citizens and the business environment through faster, safer, and cheaper transfers," emphasised the NBM Governor.
The program of the visit to Brussels also includes other high-level meetings with Valdis Dombrovskis, Commissioner for Economy, Productivity, Implementation, and Simplification, Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union, as well as with the Directors-General of DG ECFIN, Maarten Verwey, and DG ENEST, Gert Jan Koopman. Discussions will address topics such as financial stability, regional cooperation, and the process of alignment with European standards, particularly in the current context, where the vote of Moldovan citizens has confirmed the continuation of the Republic of Moldova's European integration path.
The National Bank of Moldova became a member of the Vienna Initiative in June 2025. This represents a framework for cooperation between the public and private sectors to protect financial stability in emerging economies in Europe, providing the Republic of Moldova with the opportunity to strengthen ties between the national and European financial systems. Joining the Vienna Initiative reflects both the substantial reforms implemented over the past decade to improve transparency and prudential supervision, as well as the strategic commitment of the Republic of Moldova to integration into the European Union.
The Vienna Initiative was created in January 2009 to protect financial stability in emerging economies in Europe. It brings together a wide range of participants from the public and private sectors: the European Commission, the European Central Bank, international financial institutions (the International Monetary Fund, the World Bank, the European Bank for Reconstruction and Development, the European Investment Bank), central banks and regulatory authorities from EU member states and candidate countries, as well as banking groups with a commercial presence in the region.