The euro is becoming the primary currency for the exchange rate in Moldova.

This was written by the country's president, Maia Sandu, on social media X.

"As more than 60% of our trade and 70% of money transfers are conducted in euros, this move strengthens our economic ties with the EU, providing greater stability and predictability for all residents of Moldova," she stated on social media X.

Let us remind you:

Moldova has gained the opportunity to increase its electricity import quota from the EU in light of a potential shortage that may arise if Russian gas supplies to Transnistria are halted.