OREANDA-NEWS. September 06, 2013. This was stated by Premier of Moldova Iurie Leanca in his interview to ft.com, the Financial Times’ Internet version.

Authorities of Moldova had managed to withhold inflation, he said. Whereas in 2000-2008 the inflation averaged 11%, in 2012 it was equal to 4.6%. Next years, the government is going to further reduce inflation rates.

Besides, authorities of Moldova have launched reforms in the energy, education and financial sector. The reforms were welcomed by IMF and the EU. Nevertheless, Moldova has a thorny path to tread before its citizens can hope for reaching West-European quality of living. That is why, Iurie Leanca says, relations of Moldova with the EU are of great importance.

The Premier of Moldova told the Financial Times about Moldova’s development since its independence in 1991 and pointed out the negative impact on Moldova of corruption, lack of competitiveness and good management in the industrial sector of the Soviet period. Moreover, at least a million people have left Moldova in search of a better life.

 “Our urge towards closer relations with the EU is explained by the fact that Moldova has failed to recover after decades of lost possibilities and decay", Iurie Leanca said.