Economy
The Ministry of Justice Selected a Law Firm to Represent Moldova in Stockholm in the Case of Chișinău Airport
The Ministry of Justice selected a law firm to represent Moldova at the Arbitration Institute of the Stockholm Chamber of Commerce in the case initiated at the request of Komaksavia Airport Invest Company v. Mo…
03 August 2020
The World Bank Offers $15 Million to Support the Agri-Food Sector
The Board of Directors of the World Bank approved financial support worth $15 million as part of the third additional financing within the Competitive Agriculture in Moldova Project. The project will support t…
31 July 2020
Moldovan Banks Net Profit Dropped by 43 Percent in 2020 (€33.22 Million) Compared to the Same Period in 2019 (€58.4 Million)
In the first half of 2020, the net profit of Moldovan banks dropped by 43.1 percent compared to the same period in 2019. InfoMarket mentions that while during January-June 2019, the banks had a net profit of ov…
29 July 2020
Moldova Will Receive $558 Million in Financial Assistance from the IMF
The International Monetary Fund (IMF) staff and the Moldovan authorities have reached a staff-level agreement on an economic reform program to be supported by a three-year Extended Credit Facility and Extended…
28 July 2020
Moldova’s Total Government Debt Reached a New Record, Exceeding €3.05 Billion
From May 2019, the total government debt increased by over €382.53 million, reaching a new record of over €3.05 billion. In May 2019, total government debt was over €3.02 billion (59.38 billion lei), writes…
26 July 2020
Moldova and the EU Signed a €100 Million Loan Agreement
The Minister of Finance and the Governor of the National Bank of Moldova signed a €100 million Loan Agreement with the European Union (EU). The objective of this loan is to reduce the country’s external f…
22 July 2020
Four Employees from the National Bank of Moldova Are Under Criminal Investigation
The National Anticorruption Center announced that four employees with decision-making power, from Moldova’s National Bank, are under criminal investigation. The four employees are suspected of abuse of office a…
17 July 2020
The EU Approves €30 Million Disbursements in Macro-financial Assistance to Moldova
The European Commission, on behalf of the European Union (EU), has today approved the disbursement of €30 million in macro-financial assistance (MFA) to Moldova. This €30 million is the second and final d…
10 July 2020
Former Prime Minister Maia Sandu States that Moldova Lost EU Cash Over the Country’s Irresponsible Government
The European Union (EU) will approve the release of the second tranche of macro-financial assistance worth €30 million for Moldova. The announcement was made by the leader of the Action and Solidarity Party, fo…
10 July 2020
The IMF Negotiates a New Three-Year Program with Moldova
Prime Minister Ion Chicu had a meeting with the team of experts of the International Monetary Fund (IMF), led by Ruben Atoyan, initiating the negotiations for a new three-year program with the IMF. The governor…
07 July 2020
REPORTAGE
