These include the large informal sector of the economies, the significant role of remittances in national income in Armenia, Georgia and Moldova, the 2015 crisis in the Moldovan financial sector, and the increased dependence of Ukraine on international financial institutions. Enhancing macroeconomic stability, supporting further growth and improvement of living standards is a key priority for all EaP countries. The EaP countries continue to make efforts to modernise and diversify their economies, to reform their socio-economic policies and to conform to best policy practices and global standards.