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Ripple Effects: The Impact of the War in Ukraine on Georgia’s Economy.

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Assessing the Economic Resilience of the Republic of Moldova in the Context of Recent Security Threats

The report provides an in-depth evaluation of Moldova's capacity to adapt to crises such as the COVID-19 pandemic, the energy crisis, and geopolitical tensions resulting from Russia's war in Ukraine. It examines Moldova's position as a small, open economy with significant exposure to external shocks, highlighting vulnerabilities in energy imports, trade imbalances, and political stability. Key topics include Moldova's shift toward European integration, with milestones such as EU candidate status and expanded trade relations, which have helped reduce reliance on Russia. The report analyzes macroeconomic trends, financial sector stability, and energy dependency, identifying progress in institutional reforms and external support mechanisms that have bolstered the economy. However, ongoing challenges remain, such as inflation, fiscal deficits, and the unresolved Transnistria conflict, requiring targeted policy reforms and sustainable strategies for long-term resilience.

Investment crowdfunding platforms andtheir opportunities for easing access tofinance for SMEs with Belarusianshareholders in the EU

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Preparing for the enlargement from a territorial perspective: governance, policies and investments to ensure the role and means of LRAs in an enlarged EU

The report examines the potential impacts of EU enlargement, focusing on Ukraine, Moldova, and the Western Balkans. It highlights the benefits of a larger internal market, increased geopolitical influence, and improved food and energy security, while also addressing the financial and policy challenges, especially in agriculture and regional development. Enlargement would require major adjustments to the Common Agricultural Policy and Cohesion Policy, with Ukraine’s vast agricultural sector putting particular pressure on EU funds. Financial estimates suggest significant budget needs, leading the report to outline three scenarios: no new members until 2041, a single large expansion, or a phased approach over multiple budget cycles. The report underscores the critical role of local and regional authorities (LRAs) in managing these changes, recommending support and shared strategies to ensure a balanced, sustainable approach to EU growth.

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