Friday, August 7, 2009

Moldova suffering because of economic crisis: foreign trade, exports, imports down

Moldova's foreign trade keeps falling, exports are down 20.7 percent in the first six months of 2009, and imports have lost 35.8 percent of the value they had reached by this time last year.

Analysts told Imedia they are pessimistic about the Moldovan economy's speedy recovery, and say the situation is most likely to improve in the first or second half of 2010.