Page 60 - bne IntelliNews monthly magazine April 2025

60 I New Europe in Numbers bne April 2025
Moldova GDP 2015MDL mn, y/y
Source: bne IntelliNews
Turkish Central Bank Policy Rate vs Inflation
Moldova’s GDP close to a standstill in 2024 due to weak agriculture
Moldova’s GDP edged up by 0.1% y/y to MDL324bn (€16.7bn) in 2024 after negative annual growth rates in H2 prompted by the weak performance of the agriculture sector, according to data published by the statistics bureau.
Moldova’s GDP contracted by 1.3% y/y in Q4, after the
1.9% y/y decline in Q3. Over the full year, the value added generated by agriculture (7.1% of GDP) contracted by 19% y/y making a 1.3 percentage point (pp) negative contribution to the overall GDP growth rate.
Turkey delivers third consecutive 250-bp rate cut in line with expectations
The monetary policy committee (MPC) of Turkey’s central bank on March 6 cut its policy rate by 250bp to 42.5% in line with market expectations.
On December 26, the MPC launched its monetary easing cycle with a 250bp rate cut. On January 23, it delivered another 250bp rate cut.
Slovak GDP grew by 2% in 2024, the highest since 2021
Slovakia’s gross domestic product (GDP) increased at constant prices by 2% in 2024. It was the highest GDP growth since 2021, Slovak statisticians reported following the confirmation of the 2024 final quarter figures.
The volume of nominal GDP was close to €130bn, while at constant prices GDP exceeded the value of €100bn for the third straight year.
Putin’s approval rating at 80%, trust remains high
Russian President Vladimir Putin continues to enjoy the trust of 83% of the Russian populace, according to a poll by the Public Opinion Foundation (FOM), conducted between March 7 and 9, TASS reported on March 14.
The trust rating was up 2% increase from the previous survey. Similarly, the Russian Public Opinion Research Center (VTsIOM) reported that 79.3% of participants affirmed their trust in the president, reflecting a 0.6% uptick.
In terms of job performance, 83% of those surveyed by FOM approved of Putin's actions, while VCIOM's data showed a 77.2% approval rating, a 0.5% rise.
Source: bne IntelliNews
Slovak GDP growth y/y
Source: Slovak state statistics agency
Putin's approval rating in Russia, %
Source: bne IntelliNews
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