The Republic of Moldova aims to fully align its regulatory framework for economic and monetary policy with European Union requirements by the end of 2027, according to the Ministry of Finance. The objective is set out in the negotiating position for Chapter 17, which was submitted for public consultation on 2 November 2026.
Which laws are affected?
Amending the Law on the National Bank of Moldova and the Law on Public Finance and Fiscal Responsibility is among the priorities presented during the consultation. Maia Savva, State Secretary of the Ministry of Finance and chair of the working group responsible for coordinating Chapter 17, also included drafting a bill to establish a Fiscal Council among the commitments.
Participants were presented with the Republic of Moldova’s commitments and the measures needed to bring its legislation and institutions into line with EU rules. The information published by the ministry does not detail the specific amendments to the laws or the responsibilities of the future Fiscal Council.
What deadlines have been set?
The end of 2027 is the deadline indicated by the Ministry of Finance for fully aligning the regulatory framework related to Chapter 17. The institution says that the Republic of Moldova is to transpose and implement the European provisions in this area.
The commitments are to be implemented by the date of accession, with no transitional periods. The consultations concerned the negotiating position and preparatory measures; the ministry has not announced the adoption of the legislative amendments presented.
What does the position provide for regarding the euro?
After accession, the Republic of Moldova is expected to participate in the Economic and Monetary Union as a member state with a derogation, according to the ministry. Adoption of the euro as the official currency is envisaged after the convergence criteria have been met.
The end-of-2027 deadline concerns alignment of the regulatory framework, not the introduction of the euro. The Ministry of Finance has not given a date for adopting the euro.
Sources
- Ministerul Finanțelor — Poziția de negociere aferentă Capitolului 17 – Politica economică și monetară a fost consultată în cadrul procesului de pregătire a aderării Republicii Moldova la Uniunea Europeană.
Written with AI assistance from the official sources above and checked by the editors.
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