The launch of EFSE's "Power of Local Currency" campaign


The European Fund for Southeast Europe (EFSE) has launched a multinational campaign to advance the practice of local currency financing in the European Eastern Neighbourhood Region in order to drive sustainable economic growth. 

The campaign kicked off with a launch event on 10 October 2019 in Chi?in?u, Moldova, where 70 representatives of financial institutions, national regulating bodies, investors, and other key financial sector players gathered to discuss the role of local currency financing in driving sustainable growth. Speakers included Vladimir Munteanu, First Deputy Governor of the National Bank of Moldova; Hoa-Binh Adjemian, the European Commission's Head of Sector Economic Development EaP, DG NEAR; Markus Aschendorf, Chairperson of the EFSE Development Facility; and a keynote speech by Sylvia Gansser-Potts, member of the EFSE Investment Committee.

The new investments were:

Find the press release on the event here.


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