Saturday, July 25, 2015

Is Moldova The Most Corrupt Country In Europe?



Paul Radu, Mihai Munteanu, and Iggy Ostanin, Bellingcat: Grand Theft Moldova

The bank theft was so outsized and bold that citizens of the Republic of Moldova came out in the streets this past May by the thousands to protest: “We want our billion back!”

They used the number — US$ 1 billion – that news accounts reported had gone missing from three Moldovan banks in November of 2014. Unsure who to blame, the protestors denounced the government, politicians, banks and organized crime.

The theft was a serious setback for Moldova, one of Europe’s poorest countries, with a gross domestic product of only US$ 8 billion and an average wage of US$ 200 per month.

Previous Post: Moldova Is On The Brink Of Becoming A Failed State

WNU Editor: It has been 15 years since I last passed through Moldova/Transdniestria .... it was a lawless and ungovernable region then .... and it looks like it is still lawless and ungovernable today. But there is some hope .... Ex-World Bank economist set to become prime minister in Moldova (Deutsche Welle).

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