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GOVERNMENT VOTES DOWN WHOLE PACKAGE OF PRESIDENTIAL INITIATIVES

GOVERNMENT VOTES DOWN WHOLE PACKAGE OF PRESIDENTIAL INITIATIVES
17 november, 2017

The Moldovan Government has again rejected several essential legislative initiatives put forward by President Igor Dodon, claiming that they will inevitably lead to a considerable Budget deficit, whereas compensation measures will not ensure sufficient incomes for the coverage of emerging Budget losses.

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MAIB OPENS FIRST CENTER FOR YOUTH FINANCIAL TRAINING

MAIB OPENS FIRST CENTER FOR YOUTH FINANCIAL TRAINING
17 november, 2017

The country's largest financial institution - Moldova Agroindbank (MAIB) opened the first center for financial training of youth - "MAIB Studio Avanti" in the very center of Chisinau on Friday.

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MOLDOVAN GOVERNMENT APPROVES SIGNING OF CREDIT AGREEMENT WITH EU

MOLDOVAN GOVERNMENT APPROVES SIGNING OF CREDIT AGREEMENT WITH EU
16 november, 2017

Finance Minister Octavian Armasu and National Bank of Moldova (NBM) President Sergiu Cioclea were empowered by the Parliament to sign the Credit Agreement with the European Union on macrofinancial assistance to Moldova.

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FAO TO PROVIDE US$800 THOUSAND FOR RURAL DEVELOPMENT IN MOLDOVA

FAO TO PROVIDE US$800 THOUSAND FOR RURAL DEVELOPMENT IN MOLDOVA
15 november, 2017

Moldovan villages and producers of berries will get support from the UN Food and Agriculture Organization (FAO). Corresponding agreements were signed by Minister of Agriculture, Regional Development and Environment Vasile Batca and FAO representative to Moldova Raimund Jehle in Chisinau on Tuesday.

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ANRE RAISES FUEL PRICES TO RECORD LEVEL IN 2017

ANRE RAISES FUEL PRICES TO RECORD LEVEL IN 2017
15 november, 2017

The National Energy Regulatory Agency (ANRE) has raised on Tuesday the price ceiling on gasoline by 0.66 lei per liter and on diesel - by 0.52 lei.

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BILL ON NONTRANSPARENT BANK SHAREHOLDERS REGISTERED IN PARLIAMENT

BILL ON NONTRANSPARENT BANK SHAREHOLDERS REGISTERED IN PARLIAMENT
14 november, 2017

The Moldovan parliament registered a draft law on amendments to the legislation, which concern the procedure of canceling, issuing and selling the share of banks of nontransparent shareholders. The initiative came from MPs Andrian Candu and Stefan Creanga, who registered the draft on October 31, 2017.

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VICTORIABANK SHAREHOLDERS WILL BE PROSECUTED UPON POWER CHANGE IN MOLDOVA – VEACESLAV PLATON

VICTORIABANK SHAREHOLDERS WILL BE PROSECUTED UPON POWER CHANGE IN MOLDOVA – VEACESLAV PLATON
10 november, 2017

When power changes in Moldova, Victoriabank shares will be confiscated, while the participants in transactions with these assets will be criminally prosecuted either for stealing or for laundering criminal money, maintains Veaceslav Platon.

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OCTOBER INFLATION RATE IN MOLDOVA – 1.5%

OCTOBER INFLATION RATE IN MOLDOVA – 1.5%
10 november, 2017

Prices in Moldova grew by 1.5% in October, which is almost twice higher than in September.

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ROMANIAN BANK WANTS TO BUY VICTORIABANK SHARES

ROMANIAN BANK WANTS TO BUY VICTORIABANK SHARES
08 november, 2017

The Banca Transilvania (BT) – Romania’s third largest bank, whose shareholders are the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank, expressed the desire to buy 39.2% shares in Moldova’s third largest bank – Victoriabank.

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MOLDOVAN PREMIER SATISFIED WITH RESULTS OF IMF COOPERATION

MOLDOVAN PREMIER SATISFIED WITH RESULTS OF IMF COOPERATION
08 november, 2017

Prime Minister Pavel Filip is satisfied with the results of cooperation with the International Monetary Fund (IMF) and the IMF assessment mission, which has concluded its work in Chisinau on Tuesday.

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COOPERATION PROGRAM WITH MOLDOVA PROVES IMF TRUST – PREMIER FILIP

COOPERATION PROGRAM WITH MOLDOVA PROVES IMF TRUST – PREMIER FILIP
07 november, 2017

The program of cooperation between International Monetary Fund (IMF) and Moldova, which has financial component of US$180 million is “a certificate of trust in Moldova”, said Prime Minister Pavel Filip at the Tuesday’s joint briefing with IMF mission Ben Kelmanson.

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PARLIAMENT APPROVES 2018 FISCAL POLICY IN FIRST READING

PARLIAMENT APPROVES 2018 FISCAL POLICY IN FIRST READING
03 november, 2017

The Parliament has approved the 2018 fiscal policy in a first reading by majority of votes of MPs, present at the Thursday's legislature sitting.

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NBM LOWERS 2018 INFLATION FORECAST

NBM LOWERS 2018 INFLATION FORECAST
03 november, 2017

The National Bank of Moldova (NBM) has lowered its 2018 inflation forecast to 4% from 4.4%. The target inflation in 2017 was left at 6.5%.

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TAX REVENUES TO STATE BUDGET GREW 18.6%

TAX REVENUES TO STATE BUDGET GREW 18.6%
02 november, 2017

Tax revenues to budgets of all levels exceeded 26.5 billion lei as of the beginning of November, exceeding the results over the equivalent period of 2016 by 4.2 billion lei, which is 18.6%.

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BANKRUPT BANKS RETURNED 932.2 MILLION LEI OF 14.12 BILLION OF CREDITS

BANKRUPT BANKS RETURNED 932.2 MILLION LEI OF 14.12 BILLION OF CREDITS
01 november, 2017

Since recalling of license from Banca de Economii, Banca Sociala and Unibank (16.10.2015), these financial institutions managed to return only 932.3 million lei from the urgent credits worth 14,122 million lei, provided by the National Bank of Moldova under governmental guarantees within the period of November 2014 - October 2015.

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BUDGET SURPLUS REGISTERED IN MOLDOVA

BUDGET SURPLUS REGISTERED IN MOLDOVA
31 octomber, 2017

For the first time over many years, surplus was registered in Moldova. According to the Ministry of Finance data, the state budget revenues grew by 4,276 million lei (21.2%) against the equivalent period of 2016 and exceeded 24,424 million lei (US$1,395 million).

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AUTHORITIES KNOWINGLY BRAKING INVESTIGATION OF BANK FRAUD - INDEPENDENT EXPERTS

AUTHORITIES KNOWINGLY BRAKING INVESTIGATION OF BANK FRAUD - INDEPENDENT EXPERTS
31 octomber, 2017

Head of the presidential Commission for public control Tudor Ghelici said at the Monday's press conference that Moldovan authorities are deliberately protracting the investigation of the THEFT of a billion of dollars from Moldovan banks.

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PPA ANNOUNCES THIRD ROUND OF PRIVATIZATION

PPA ANNOUNCES THIRD ROUND OF PRIVATIZATION
30 octomber, 2017

Third year to date round of public property privatization has started in Moldova and will last till mid-December. Almost all the lots have been many times put for sale, but without result, thus the price on many of them has been considerably lowered.

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EIB TO ALLOCATE 100 MILLION EUROS FOR MOLDOVA, UKRAINE AND GEORGIA

EIB TO ALLOCATE 100 MILLION EUROS FOR MOLDOVA, UKRAINE AND GEORGIA
27 octomber, 2017

The European Investment Bank and the European Investment Fund signed on Thursday a guarantee agreement on issuing 100 million euros for small and medium enterprises (SMEs) of Moldova, Ukraine and Georgia within the European Union initiative “EU4Business”.

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FIRST INFORMATIONAL TECHNOLOGY PARK TO OPEN IN MOLDOVA

FIRST INFORMATIONAL TECHNOLOGY PARK TO OPEN IN MOLDOVA
27 octomber, 2017

Deputy Premier, Minister of Economy and Infrastructure Octavian Calmic announced at the Thursday’s press conference that an IT-pack will open in Moldova until the end of the year, saying that 15 companies have already submitted an application in this regard to the Ministry.

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