OREANDA-NEWS. February 26, 2008. In 2007, volume of direct foreign investments reached record level of $540 million.

This was declared by the First Vice-Premier Zinauda Greceanaya during the Vienna Economic Forum in Chisinau, specifying that share of direct foreign investments in GDP of Moldova made 12%.

It was also noted that Bulgaria ranks the first. Our country is the leader among the countries of Central and South-Eastern Europe, overtaking Estonia, Latvia, Lithuania, Romania and Croatia.

She also noted that Moldova proved economical stability, achieving sustainable growth, despite the shocks of the Russian wine ban and severe drought. Zinaida Greceanaya noted that Moldova is actively cooperating with IMF, WB, completing the Plan of Action Moldova-EU and mentioned that EU neighbour status gives the country new opportunities for development of economic relations, both with EU and other countries.

"Being at the crossroads of two huge markets - EU and CIS, Moldova is an interesting market for potential investors," - Zinaida Greceanaya said, expressing hope that current forum is a good occasion for establishment of new contacts and future development of investment projects in Moldova.