News
Moldovan Ministry of Finance sells government securities
November 20, 2009The Moldovan Ministry of Finance has earned 127.3 million lei ($11.4 million) for the budget, as a result of the sale of government securities. According to the data by the National Bank of Moldova (NBM), the demand for government securities constituted...
Moldovan government approved economic stabilization program
November 19, 2009On Wednesday the Government approved the Program for Moldova's Economic Stabilization and Revival for 2009-2011. Vice-Premier, Minister of Economy Valeriu Lazar said at a Government sitting that the plan was worked out with taking into consideration...
9th edition of “Made in Moldova” exhibition to be held in January
November 17, 2009The organizational committee of the exhibition “Made in Moldova” concluded that the ninth edition of the exhibition would be held in the period between 27 and 31 January 2010, at the International Exhibition Centre „Moldexpo”,...
Germany to provide Moldova with 8.5 million euro assistance
November 17, 2009The Moldovan and German governments today signed a protocol which stipulates 8.5 million euros in assistance for Moldova. The protocol was signed by Moldovan State Minister Victor Bodiu and German Federal Ministry for Economic Development and Cooperation...
$1 billion to be invested in construction of Odessa-Reni highway
November 17, 2009The Ukrainian government has included a construction of the Odessa-Reni highway to the state plan to build roads, the governor of Odessa Region, Mykola Serdyuk, said. The highway will run on the Ukrainian territory which will help to get from Odessa to...
US jobless rate hits highest level since 1983
November 06, 2009By Jim Randle The U.S. unemployment rate rose sharply in October, hitting 10.2 percent, the highest level since 1983. Friday's report from the Labor Department says U.S. employers cut fewer workers in October than the prior month, but the overall...
Russian labor market: Why unemployment is lower than expected
November 04, 2009By Paul Goble In the early 1990s and especially over the last year, many Russian commentators and politicians have competed among themselves in predicting extraordinary increases in unemployment, in both cases to figures comparable to those which...
Young gain job advantage in post- communist societies
November 04, 2009By Peter Fedynsky The symbol of Communism - the hammer and sickle - represents the main tools of physical labor used by industrial and agricultural workers. But the collapse of the Iron Curtain 20 years ago coincided with a decline in heavy industry...
Share of foreign investments in moldovan banks increasing
November 03, 2009According to the National Bank of Moldova (NBM), the share of foreign investments in the Moldovan banks in January-September increased by 1.1% up to 75.2%. According to the NBM administration, the average indicator of capital sufficiency is preserved...
IMF resumes financing for Moldova
October 29, 2009The International Monetary Fund (IMF) resumes the financing of Moldova, whose GDP does not exceed $1.8 thousand per capita of the population. On Wednesday Head of the International Monetary Fund (IMF) mission to Chisinau, which worked in Moldova on October...