Economic prospects for Moldova: EU membership by 2028 could boost regional development

Moldova could become a member of the European Union by 2028 at the latest, according to Romanian President Nicușor Dan, following his participation in the European Political Community meeting in Copenhagen.

This goal reflects a strong commitment from European leaders to integrate the country into the bloc, with significant implications for the local and regional economy.

President Dan highlighted the “great enthusiasm” of European leaders following the victory of pro-Western forces in Chișinău and the “desire for this process regarding Moldova to be completed as soon as possible,” according to G4media.ro.

From an economic perspective, EU membership will open new opportunities for Moldova, including access to European structural and cohesion funds, easier trade with member states, and attraction of foreign direct investment. Economists estimate that full integration could accelerate economic growth, modernize infrastructure, and strengthen the private sector.

Asked about the possibility of decoupling Moldova’s and Ukraine’s EU candidacies due to Hungary’s opposition to Kyiv, Nicușor Dan stated it is “a technical discussion” and that “many options are being explored.” This flexibility suggests that Moldova’s accession process could continue independently of Ukraine, removing a potential source of political and economic uncertainty.

“I would bet on it happening by 2028,” Nicușor Dan added, showing optimism regarding Moldova’s rapid European integration.

In the long term, EU membership could turn Moldova into a strategic link between Central and Eastern Europe, stimulating cross-border trade, export-oriented industries, and job creation. Integration will also bring higher standards in fiscal policy and corporate governance, contributing to the country’s macroeconomic stability.

Economic analysts emphasize that preparation for accession requires structural reforms, modernization of public administration, and strengthening of the rule of law—essential elements to attract sustainable investments and maximize the benefits of EU membership.

Thus, Moldova’s European integration is not only a political goal but also an economic catalyst that could accelerate sustainable development and modernization across the region.