Rethink Moldova

With an average yearly income of only €1,100, Moldovans have seen their country steadily grow in the past decade only to run into the headwinds of the global economic crisis.

The crisis has taken a toll on many countries in Europe but Moldova has suffered more than most. The country's output, which grew at 6 percent between 2004 and 2008, shrank by an estimated 6.5 percent last year. The country's poverty fight stalled and foreign investment was at risk of being reversed, while a length...