recession

Economic stagnation continues. Even the 5.2% GDP growth in the third quarter, thanks to a successful agricultural year, cannot refute this thesis. Even if the economy returns to positive territory by the end of 2025 (+2% GDP for the first three quarters), this acceleration will not allow for a full recovery from the 2022 downturn. Experts speak of a “technical recession” and “recovery growth,” noting the limited potential of the current development model, based on consumption and dependent on the vagaries of the weather, including political weather.

“In 2025, growth is forecasted to be no more than 1%, which is almost stagnation. It was worse only in the 1990s, when the Soviet system collapsed”, the expert said, commenting on the results of the study “100 most acute socio-economic problems of Moldova in 2024”, Logos Press reports.

In 2025, analysts forecast real economic growth in Romania of only 0.8% of GDP, with the “alternative scenario” being a technical entry into recession with a budget deficit of 8.6% to GDP, Logos Press reported.

A growing number of “world-renowned” experts are signaling that the global agri-food economy has entered a period of recession. High harvests of grain and oilseed crops in a number of major producing countries fuel their high (excessive) supply. At the same time, effective demand and food prices are declining almost everywhere in the world. Moldova is fully in this trend.

New industrial orders in Germany unexpectedly fell in August, showing a fourth consecutive monthly decline, prompting experts to warn of a prolonged downturn in the German economy, Logos Press reported.