Wednesday, November 25, 2009

The Moscow Times: National Bank of Moldova "Switches to Western-Style Policies"

The Moscow Times has a story on the recent appointment of Dorin Dragutanu as Governor of the National Bank of Moldova. It begins:

"Moldova's central bank will pursue a Western European-style monetary policy based on an inflation target, underscoring the country's integration into the European mainstream, its new chairman said.

Moldova, a country of 4.5 million people where the average monthly pay is about $300, has seen a radical shift in political leadership from the communists to a Western-leaning coalition since a snap election in July."

A full story is available here.

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