NBM Governor Octavian Armasu participated in the international conference "Monetary Policy in a new European Reality".
According to the National Bank of Moldova, the event was organized by the Central Bank of Poland (Narodowy Bank Polski) and focused on monetary policy challenges, the post-pandemic reality and the economic consequences of the war in Ukraine. Such a forum was organized for the first time for central banks and brought together officials from the Baltic, Adriatic and Black Sea countries in the framework of the Three Seas Initiative, which includes 12 EU member states. The conference was also attended by the heads of the central banks of Ukraine and Georgia, together with the Governor of the National Bank of Moldova, Octavian Armasu. The event is intended to be an innovative destination, providing a platform to exchange experiences, views and ideas about the monetary policy challenges central banks are facing in the current environment. Three sessions focused on the serious impact of the COVID crisis and the devastating impact of the Ukrainian war on inflation, both regionally and globally. All central banks face the same dilemmas and are looking for the best solutions for their economies. There is no universal recipe. For each central bank, it is a very complex responsibility, depending on the characteristics of the country. In this sense, the NBM does its best to take the most appropriate measures", Octavian Armasu noted. The Three Seas Initiative was launched by Croatia and Poland in 2015 as a platform of EU countries in Central and Eastern Europe to stimulate cooperation in the region, accelerate the modernization of transport and digital infrastructure and strengthen energy independence. Participants in this initiative include: Poland, Hungary, Czech Republic, Slovakia, Lithuania, Latvia, Estonia, Austria, Slovenia, Croatia, Romania and Bulgaria. // 13.06.2022 - InfoMarket
