The headline inflation is already above the refinancing rate, maintained by the central bank a couple of days earlier at 2.65%.
The price faced by Russia for aggression must be too high for the Kremlin to countenance, and this is the message that Biden should deliver to Putin – and act upon.
Decision reveals the BNM’s concern with economic growth rather than inflation.
The pandemic has reduced the number of jobs in Moldova but the average wage has increased.
Lending to households has gained momentum following reforms in the banking sector, while corporate lending lags behind.
Transfers from abroad to Moldovan households soared to $1.63bn in the 12 months ending April 2021.
Development bank steps in after messy dispute between two former owners of the Giurgiulesti port operator.
Russian gas giant launches 16th lawsuit over gas sent to Transnistria — effectively a Russian subsidy for the separatist region.
Trade deficit widened by as much as 22% y/y to $838mn in 2021, as Moldova hiked exports of industrial equipment but poor agricultural exports cancelled out the increase in industrial exports.
bne IntelliNews has introduced a new index, the bne Car Ownership/Age index (bneCOR), that cuts through the contradictions and paints a much clearer picture of just how far the middle class has come in each country.
Socialists and Communists aim to stop a landslide for President Maia Sandu's PAS in the July general election by appealing to voters with traditional values.
Prosecutors are expected to accept Ilan Shor’s offer to help recover the stolen money in exchange for the termination of all lawsuits against him as Moldova urgently needs the money.
Since the collapse of the Soviet Union inflation been falling and dropped to post-Soviet lows in the last two years. Now it’s back. The countries of Eastern Europe, Central Asia and the Caucasus are worst affected
The prolonged political turmoil in Moldova, which started with the general election in February 2019, may eventually end if President Maia Sandu’s party wins a convincing majority in parliament.
President Maia Sandu steps in to resolve crisis at CFM whose 6,500 employees have received no wages for five months.
MPs attempted to change the composition of the Constitutional Court after it approved President Maia Sandu’s request for snap elections.
Trend towards bigger deals and more fund investment continues, as deal value rises by half to give best Q1 since 2013.
But pandemic has delayed restart of convergence with Western Europe until 2023.
A third wave of the coronavirus pandemic is sweeping through Emerging Europe. While Russia is expecting to reach herd immunity in the next two months, most other countries of the region have only just started their mass immunisation programmes.