Economics

STATISTICS CALCULATE JUNE DEFLATION IN MOLDOVA

STATISTICS CALCULATE JUNE DEFLATION IN MOLDOVA
10 july, 2020

Prices in Moldova in June decreased on average by 0.01% against May inflation of 0.22%. The cumulative inflation rate since the beginning of the year reached 1.07%, and the annual inflation rate - 4.25%.

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​TERMOELECTRICA ARRANGES PRODUCTION OF HEAT CARRIER FROM RENEWABLE ENERGY SOURCE

​TERMOELECTRICA ARRANGES PRODUCTION OF HEAT CARRIER FROM RENEWABLE ENERGY SOURCE
07 july, 2020

Termoelectrica company launches a project for the production of biomass heat energy at heating plants in the suburbs of Chisinau. The project won the competition for innovation and technology transfer at the municipal heat supply company.

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CCI ORGANIZES ONLINE MASTER CLASSES FOR EXPORTERS

CCI ORGANIZES ONLINE MASTER CLASSES FOR EXPORTERS
07 july, 2020

The UNDP Project “Development of export opportunities on both banks of the Dniester” (AdTrade) in partnership with the Moldovan Chamber of Commerce and Industry (CCI) with the financial support of Sweden organize a series of online master classes on the micro, small and medium size enterprises development on the both banks of the Dniester River.

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PAS REGARDS GOVERNMENT'S MEASURES AS INSUFFICIENT AND INSISTS ON STANDARD PROCEDURE OF ADOPTING LAWS

PAS REGARDS GOVERNMENT
07 july, 2020

The opposition Party of Action and Solidarity believes that the amendments to the State Budget, for which the Government has undertaken responsibility on itself, are insufficient and therefore the essential laws must undergo a standard procedure of approval in the Parliament.

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EU, AUSTRIA AND FRANCE HELP BUILD SEWAGE SYSTEM IN SOUTHERN MOLDOVAN TOWN

EU, AUSTRIA AND FRANCE HELP BUILD SEWAGE SYSTEM IN SOUTHERN MOLDOVAN TOWN
03 july, 2020

Thanks to the assistance being rendered by the European Union in collaboration with Austria and France, an up-to-date wastewater treatment plant will be built in Cantemir.

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NATIONAL ROAD ADMINISTRATION CONCLUDES CONTRACTS ON REPAIR OF 243 KM OF ROADS

NATIONAL ROAD ADMINISTRATION CONCLUDES CONTRACTS ON REPAIR OF 243 KM OF ROADS
02 july, 2020

Starting from tomorrow, construction workers may begin repair of roads within the framework of the national program "Good Roads 2020], Minister of Economy and Infrastructure Sergiu Railean stated on Wednesday during the ceremony of signing 4 contracts with the contractors selected by the National Road Administration by means of holding an open tender.

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POLITICAL INSTABILITY TO BECOME SERIOUS CHALLENGE FOR MOLDOVA - FOREIGN MINISTER

POLITICAL INSTABILITY TO BECOME SERIOUS CHALLENGE FOR MOLDOVA - FOREIGN MINISTER
01 july, 2020

Political instability may become one of the serious-most challenges for Moldova in the present period of time, Moldova's Minister of Foreign Affairs and European Integration Oleg Tulea stated in the course of an online debate called "The Eastern Partnership after 2020" held today.

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GOVERNING MAJORITY AGREES TO RAISE SALARIES TO MEDICS AND PROVIDE HELP TO AGRICULTURAL PRODUCERS

GOVERNING MAJORITY AGREES TO RAISE SALARIES TO MEDICS AND PROVIDE HELP TO AGRICULTURAL PRODUCERS
30 june, 2020

Health workers’ salaries will be doubled over next 12 months namely by 30% starting from September 1 and once again from January 1, and by 40% in the first half of 2021, as it was decided at the Monday’s meeting of the parliamentary majority [the Party of Socialists and the Democratic Party] with President Igor Dodon and Prime Minister Ion Chicu.

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GOVERNMENT WILL STAND UP WITH MEASURES OF SUPPORT FOR BUSINESSES

GOVERNMENT WILL STAND UP WITH MEASURES OF SUPPORT FOR BUSINESSES
29 june, 2020

The Moldovan Government will shortly stand up in support of businesses in the pandemic period, President Igor Dodon told the press on Monday morning.

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DODON SUPPORTS IDEA TO BORROW FROM DOMESTIC MARKET ON ADVANTAGEOUS TERMS

DODON SUPPORTS IDEA TO BORROW FROM DOMESTIC MARKET ON ADVANTAGEOUS TERMS
26 june, 2020

Moldova President Igor Dodon says he supports the idea to organize borrowing of financial resources from the domestic market on terms that would be advantageous for the State.

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DA LEADER CRITICIZES POLITICIANS FOR DELAYING NO-CONFIDENCE MOTION

DA LEADER CRITICIZES POLITICIANS FOR DELAYING NO-CONFIDENCE MOTION
26 june, 2020

DA Party Chairman Andrei Nastase harshly criticized politicians who delay no-confidence motion to Chicu Government. He stressed at a press conference that “every day of preserving Chicu Government is a step to collapse and an unprecedented economic crisis”.

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MOLDOVA MAY RETURN TO FUEL PRICE CEILING MECHANISM

MOLDOVA MAY RETURN TO FUEL PRICE CEILING MECHANISM
25 june, 2020

At its working meeting that ended on Wednesday night, the Moldovan Government approved the amendments to legislation proposed by independent MP Alexander Oleinic that stipulate a return to the practice of setting by the National Energy Regulatory Agency (ANRE) of maximum-permissible retail prices on oil products.

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ION CHICU AND PETER MICHALKO DISCUSS FULFILLMENT OF CONDITIONS FOR RECEIVING EU MACRO-FINANCIAL ASSISTANCE

ION CHICU AND PETER MICHALKO DISCUSS FULFILLMENT OF CONDITIONS FOR RECEIVING EU MACRO-FINANCIAL ASSISTANCE
23 june, 2020

The progress of realization by Moldova of the conditions for receiving the second tranche of the EU macro-financial assistance were discussed on Monday between Prime Minister Ion Chicu and Ambassador Peter Michalko, the Head of the European Union Delegation to the Republic of Moldova.

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WORLD BANK MAY FINANCE NEW PROJECT IN WATER RESOURCE MANAGEMENT IN MOLDOVA

WORLD BANK MAY FINANCE NEW PROJECT IN WATER RESOURCE MANAGEMENT IN MOLDOVA
23 june, 2020

The World Bank may finance a new project in the sphere of a compromise-like management of water resources in Moldova. Minister of Agriculture, Regional Development and Environment Protection Ion Perju discussed project details with WB representatives on Monday.

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MOLDOVAN ECONOMY ENTERS CRISIS HAVING A GOOD MACRO-ECONOMIC BASIS - EBRD EXPERTS

MOLDOVAN ECONOMY ENTERS CRISIS HAVING A GOOD MACRO-ECONOMIC BASIS - EBRD EXPERTS
23 june, 2020

The Republic of Moldova's economy is entering a crisis having a good macro-economic basis, believe experts from the European Bank for Reconstruction and Development.

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MOLDAPIS LAUNCHES FIRST LABORATORY FOR ARTIFICIAL INSEMINATION OF QUEEN BEES

MOLDAPIS LAUNCHES FIRST LABORATORY FOR ARTIFICIAL INSEMINATION OF QUEEN BEES
19 june, 2020

The Moldovan beekeepers have launched the first laboratory for artificial insemination of queen bees, managed by the MoldApis Association of Beekeepers.

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EXPERTS BELIEVE MOLDOVAN ECONOMY REHABILITATION WILL REQUIRE OVER 2 YEARS

EXPERTS BELIEVE MOLDOVAN ECONOMY REHABILITATION WILL REQUIRE OVER 2 YEARS
19 june, 2020

Moldovan economy's comeback to February 2020 indicators will require more than 2 years, believe 38.1% experts who were interviewed in the framework of the Barometrul Electoral poll.

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NON-BANK CREDIT ORGANIZATIONS REVISE CREDIT TERMS FOR CUSTOMERS

NON-BANK CREDIT ORGANIZATIONS REVISE CREDIT TERMS FOR CUSTOMERS
18 june, 2020

Most non-bank credit organizations have revised credit terms for customers. The balance of loans in this segment is 8.5 billion lei. 7.1 billion lei of them (84%) is credited to the population, while 1.4 billion lei is credited to legal entities.

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MOLDOVAN FIXED TELEPHONY MARKET FELL 17.6%

MOLDOVAN FIXED TELEPHONY MARKET FELL 17.6%
16 june, 2020

Year by year, fixed telephony services are becoming less and less popular in Moldova. This is proved by the regulator’s data for the first quarter of 2020.

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MOLDOVA CAN ATTRACT INVESTMENTS THAT WILL RELOCATE FROM ASIA - EBRD EXPERTS

MOLDOVA CAN ATTRACT INVESTMENTS THAT WILL RELOCATE FROM ASIA - EBRD EXPERTS
15 june, 2020

Moldova has an opportunity to attract investments that will relocate from Asia and other developing economies back to Europe, economists of the European Bank for Reconstruction and Development (EBRD) believe.

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