PREMIER FILIP WELCOMES HUNGARIAN BANK'S COMING TO MOLDOVA

The arrival of Hungarian bank OTP to the Moldovan market confirms that the Government managed to stabilize the country's banking sector, maintains Prime Minister Pavel Filip.

At the Wednesday's meeting with Minister of Foreign Affairs and Trade of Hungary Peter Szijjarto, Filip appreciated the OTP Group intention to buy the Mobiasbanca control package of shares.

Filip said that this is the reason for his personal joy, as he came to head the Government against the banking crisis, while now more and more foreign investors come to this sector.

The premier also welcomed the Hungary's initiative to open a credit line for Moldova worth 62 million euros for financing Moldovan and Hungarian companies, which intend to create joint enterprises and expressed interest in raising the number of Hungarian investors.

The sides also discussed the conducting of a sitting of the Intergovernmental Commission for Trade and Economic Cooperation, as well as shared opinions on the upcoming parliamentary elections.

Filip, who runs for the Parliament from the Democratic Party, assured that the Moldovan authorities are interested in conducting free and transparent elections, which correspond to all international standards.