CREDITE DE VARA

Economics

MOLDOVA AND SLOVAKIA INVIGORATING ECONOMIC COOPERATION

MOLDOVA AND SLOVAKIA INVIGORATING ECONOMIC COOPERATION
16 august, 2018

The possibilities of invigoration of economic cooperation and acceleration of trade were discussed on Thursday between Moldovan Minister of Economy and Infrastructure Chiril Gaburici and the Ambassador Extraordinary and Plenipotentiary of the Slovak Republic to the Republic of Moldova, Dusan Dacho.

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“GOOD ROADS FOR MOLDOVA” PROGRAM EXECUTED BY ONE-THIRD

“GOOD ROADS FOR MOLDOVA” PROGRAM EXECUTED BY ONE-THIRD
16 august, 2018

By the beginning of August, 438 km of village roads have already been repaired in the framework of the program “Good Roads for Moldova”. This is 34.4% of the planed volume for the year. At the same time, 632.63 million lei were spent – 40% of the program budget. At the moment, 193 km of roads are being repaired (15.2%). Repair works in the Dubasari Raion have been completed. About 11 km of roads were repaired for 27 million lei. Repair works in the Cimislia Raion nears completion: 90.33% of the road is almost repaired. The program “Good roads for Moldova” started in early 2018 at the initiative of the Democratic Party of Moldova and provides for the road restoration of about 1200 km long in 1200 localities. The costs are estimated at 1.6 billion lei, which will be allocated from the Road Fund and the state budget.

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MOLDOVA PREPARING TO LEAVE CIS ELECTRICAL ENERGY COUNCIL

MOLDOVA PREPARING TO LEAVE CIS ELECTRICAL ENERGY COUNCIL
15 august, 2018

The Republic of Moldova is preparing to divorce the Electrical Energy Council of the Commonwealth of Independent States. The draft of a governmental Resolution on the country’s secession from the “Agreement on Coordination of Relations between the CIS States in the Field of Electric Power Industry” has been put up for public discussing.

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CHISINAU MARSHROOTKA PROFITABILITY IS FALLING – RTEC CHIEF

CHISINAU MARSHROOTKA PROFITABILITY IS FALLING – RTEC CHIEF
14 august, 2018

Chief of the Chisinau Municipal Electric Transport Department (RTEC), Vitalie Butucel reported at an operative meeting of the municipal services that since 2015, the profitability of Chisinau taxi minivans, aka marshroutkas, has dropped sharply.

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​ECONOMY MINISTER STANDS FOR DIVERSIFICATION OF MOLDOVAN EXPORTS

​ECONOMY MINISTER STANDS FOR DIVERSIFICATION OF MOLDOVAN EXPORTS
13 august, 2018

Minister of Economy and Infrastructure Chiril Gaburici has spoken out for diversification of Moldovan exports.

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MOLDOVA RANKS 24TH IN WORLD RATING OF VODKA EXPORTERS

MOLDOVA RANKS 24TH IN WORLD RATING OF VODKA EXPORTERS
09 august, 2018

Moldova ranks 24th in the world rating of vodka exporters in 2017, going ahead of such countries as the Czech Republic, Georgia, Slovakia, Bulgaria. Over the year, Moldova sold vodka abroad for US$7.7 million, and its share in the global ranking was 0.4%. Sweden leads the polls - US$463 million (21.4%), France goes next - US$405.2 million (18.8%) and Poland - US$152.2 million (7%). Interestingly, Russia generally considers as vodka creator is in the 5th place with US$135.6 million (6.3%), while Ukraine is on the 11th. Romania did not get in the rating of 29 exporters.

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68.5% MOLDOVAN EXPORTS GO TO EU COUNTRIES – STATISTICS BUREAU

68.5% MOLDOVAN EXPORTS GO TO EU COUNTRIES – STATISTICS BUREAU
08 august, 2018

In the first half of 2018, Moldovan economic operators had exported goods worth US$1,315 million to foreign countries, or US$287 million more (+27.9%) that in the equivalent period in 2017, reported the National Statistics Bureau.

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AIPA CREDITS 2.37 THOUSAND FARMERS’ REQUESTS ON SUBSIDIES

AIPA CREDITS 2.37 THOUSAND FARMERS’ REQUESTS ON SUBSIDIES
07 august, 2018

The Agency for Interventions and Payments in Agriculture (AIPA) has transferred 326 million lei to Moldovan farmers in the first half of the year, satisfying 2.47 thousand applications.

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KIEV CONCERNED ABOUT CHISINAU’S INTENTION TO OBTAIN NATURAL GAS IN DETOUR OF UKRAINE

KIEV CONCERNED ABOUT CHISINAU’S INTENTION TO OBTAIN NATURAL GAS IN DETOUR OF UKRAINE
07 august, 2018

Moldovan President Igor Dodon has delivered a sudden blow on Ukraine’s gas-transit ambitions, presumes Ukrainian expert Andrei Stetsenko.

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PARE 1+1 PROGRAM GRANTS 18 BUSINESSMEN 4.5 MILLION LEI FOR PROJECT IMPLEMENTATION

PARE 1+1 PROGRAM GRANTS 18 BUSINESSMEN 4.5 MILLION LEI FOR PROJECT IMPLEMENTATION
07 august, 2018

The PARE 1+1 program on money attraction to the economy will provide 18 businessmen 4.5 million lei for project implementation.

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MOLDOVA GAINS FROM WESTERN SANCTIONS AGAINST RUSSIA – EXPERT

MOLDOVA GAINS FROM WESTERN SANCTIONS AGAINST RUSSIA – EXPERT
06 august, 2018

Moldova has managed to get its gain from the embargoes imposed on Russia by Western countries, believes Dr. Mihai Poisic of the National Institute of Economic Researches (INCE).

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MINISTRY OF ECONOMY REPORTS ROAD REPAIR COMPLETION IN DUBASARI RAION

MINISTRY OF ECONOMY REPORTS ROAD REPAIR COMPLETION IN DUBASARI RAION
06 august, 2018

The Dubasari Raion has become the first raion, where the road repair has been completed within the Program “Good Roads for Moldova”.

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BUSINESS ASSOCIATIONS WELCOME TAX REFORM IN MOLDOVA

BUSINESS ASSOCIATIONS WELCOME TAX REFORM IN MOLDOVA
02 august, 2018

Business association representatives are welcoming the tax reform in Moldova approved by the country’s Government and Parliament. They are pointing out that the reform will help reduce shadowy economy in the country, the governmental press service reported, drawing up the results of the Wednesday’s meeting of the prime ministerial Economic Council that was attended by the representatives of Moldovan business circles and the country’s development partners.

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SPEAKER ANDRIAN CANDU BELIEVES THAT CRITICISM OF TAX REFORM IS CAUSED BY HASTY CONCLUSIONS

SPEAKER ANDRIAN CANDU BELIEVES THAT CRITICISM OF TAX REFORM IS CAUSED BY HASTY CONCLUSIONS
01 august, 2018

The criticism of the recently adopted amendments to the Tax Code and to the Law on fiscal stimulation has been caused by too hasty conclusions, maintains Parliament Chairman Andrian Candu.

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CFM TO BE SUBORDINATE TO PUBLIC PROPERTY AGENCY

CFM TO BE SUBORDINATE TO PUBLIC PROPERTY AGENCY
01 august, 2018

The National Railroad Company of Moldova will go from the subordination of the Ministry of Economy and Infrastructure to the Public Property Agency.

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MOLDOVAN GOVERNMENT OPTIMISTIC ABOUT SUPPLYING OF ANIMAL-ORIGIN PRODUCTS TO EU

MOLDOVAN GOVERNMENT OPTIMISTIC ABOUT SUPPLYING OF ANIMAL-ORIGIN PRODUCTS TO EU
31 july, 2018

The Moldovan Government intends to invite European experts to Moldova in September 2019 to assess the readiness of domestic exporters to supply goods of animal origin (meat and eggs) to the European Union markets.

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SECOND ROUND OF NEGOTIATIONS ON MOLDOVA-CHINA FREE TRADE AGREEMENT CONCLUDED IN BEIJING

SECOND ROUND OF NEGOTIATIONS ON MOLDOVA-CHINA FREE TRADE AGREEMENT CONCLUDED IN BEIJING
31 july, 2018

The Moldovan delegation, which returned from Beijing, reported to Minister of Economy and Infrastructure Chiril Gaburici about the results of the second round of negotiations on the draft Agreement on free trade between Moldova and China.

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TAX REFORM WITH CAPITAL AMNESTY IS FRAUGHT WITH FISCAL RISKS FOR MOLDOVA – WORLD BANK

TAX REFORM WITH CAPITAL AMNESTY IS FRAUGHT WITH FISCAL RISKS FOR MOLDOVA – WORLD BANK
30 july, 2018

The recently approved package of tax initiatives and capital amnesty could lead to significant fiscal risks, maintains the World Bank (WB).

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COMMUNISTS WILL PARTICIPATE IN UPCOMING PARLIAMENTARY ELECTIONS

COMMUNISTS WILL PARTICIPATE IN UPCOMING PARLIAMENTARY ELECTIONS
26 july, 2018

The Moldovan Communist Party will take part in the upcoming parliamentary elections, nominating its candidates both on party lists and in single-mandate constituencies. This was announced on Wednesday at the sitting with the party committees’ first secretaries.

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AUTHORITIES WANT TO LEGALIZE STOLEN MONEY BY MEANS OF LEGISLATIVE INITIATIVES – LP

AUTHORITIES WANT TO LEGALIZE STOLEN MONEY BY MEANS OF LEGISLATIVE INITIATIVES – LP
26 july, 2018

By means of legislative initiatives on introducing amendments to the tax system, the representatives of the authorities want to legalize the stolen money, stated Liberal Party Chairman Mihai Ghimpu to journalists in the Parliament on Thursday.

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