Economy
Japan’s Loan Agreement with the Moldovan Government Will Provide Farmers Access to Financial Support
Moldovan farmers will have access to financial resources for new agricultural machinery and equipment under the Project “Modernization of agricultural machinery and equipment” implemented with Japan…
11 September 2020
Moldova Signs the Memorandum of Agreement for Financial Assistance with the European Union
On September 10, the Moldovan Parliament ratified the Memorandum of agreement between Moldova and the European Union on macro-financial assistance of up to €100 million. The financial assistance aims to allevia…
10 September 2020
The European Commission Will Provide Moldova With a €9 Million Grant
The European Commission will provide Moldova with a €9 million grant support to respond to the COVID-19 crisis and implement the Association Agreement’s reforms, according to a press release on the Parliament&#…
09 September 2020
THE BILL FOR CHIȘINĂU ARENA
The new sports complex Chișinău Arena was to open in October 2019, one year after its construction started. Today, people cannot spend their free time inside the Arena, although almost a year has passed since t…
05 September 2020
Three Moldovan Schools Welcome Their Students in Better Conditions
About 3,000 pupils returned this year to renovated educational institutions under the Education Reform in Moldova Project (PRIM). The Ministry of Education, Culture and Research stated that in these instituti…
01 September 2020
World Bank Reports: Beirut Explosion Caused Up to US$8.0 Billion in Damages to Infrastructure and Physical Assets
The Beirut explosion has caused material damage and economic losses up to US$8.1 billion, and Lebanon urgently needs US$605 to US$760 million in the immediate term until December 2020 to recover, according to a…
01 September 2020
Gas Pipeline Connection to Romania, Iași-Ungheni-Chișinău, Has a New Investor
The European Bank for Reconstruction and Development (EBRD) purchases a 25 percent stake in Vestmoldtransgaz, the gas transmission company operating the newly constructed Ungheni-Chișinău gas pipeline. The EBRD…
28 August 2020
Fugitive Businessman Ilan Shor Investigated Regarding His Involvement in Laundromat
Ilan Shor, a fugitive businessman who was stripped of his immunity as a deputy, the businessman Andrei Timotin, a close friend of Vlad Plahotniuc, Moldova’s tycoon, and the banker Gherman Gorbuntsov are i…
26 August 2020
Moldova’s Gender Pay Gap Persists in Several Economic Activities
The gender pay gap affects more women working in the financial and communications fields, as well as in industry and health assistance. In 2019, women’s average gross monthly salary was around 338.13 euros (67…
25 August 2020
Moldovan Banks Attracted Term Deposits Worth Over €115.65, Five Percent Less Compared with the Last Year
According to the National Bank of Moldova, the banks attracted around 64.2 percent deposits in lei and 35.8 percent in foreign currency. Thus, the volume of deposits attracted in national currency was €74.3 mil…
23 August 2020
REPORTAGE
