“This is a practical example of the impact of the Growth Plan for Moldova and the Growth Plan for the Western Balkans, two EU initiatives to accelerate the socio-economic integration of Moldova and the Western Balkans into the EU, including through gradual access to certain areas of the EU single market on the basis of compliance with the EU acquis communautaire,” the statement emphasized.
As a result of the ENP decision, payment service providers in the two countries will have the opportunity to join various SEPA schemes. This step opens the way for Moldova and North Macedonia to simplify financial transfers in euro and reduce the cost and processing time of these transactions between their citizens, businesses and other SEPA members.
The ENP decision was preceded by a series of meetings in Brussels between the NBM President Anca Dragu and MEPs, where she spoke about the Moldovan regulator’s efforts to modernize the payments infrastructure, strengthen financial stability and deepen Moldova’s economic integration into the European market.
