News
Moldova gets financial support from the UN for 2013-2017
February 11, 2012The Government of the Republic of Moldova and the United Nations signed a $217 million development and assistance programme for the years 2013-2017. “Towards Unity in Action: United Nations - Republic of Moldova Partnership Framework” is...
Transnistria has higher retiring pensions comparing to last year
February 09, 2012The average old-age pension in Transnistria during January to September 2011 was about 1,005 Transnistrian rubles. The number is higher with 19.7% compared with the first nine months of 2010, Info-Prim Neo news agency informs. According to the source...
Moldova is among the countries with a low external debt
February 08, 2012Moldova ranks the 109th position in a top of the countries’ external public and private debt. Its external debt is about $4,618,000,000. Moldova is followed by Nepal and Cambodia. Romania, which is the Western neighbor, ranks the 34th place with...
Hungary’s Malev airline collapsed
February 03, 2012The Hungarian Airline Malev shut down its activity after huge financial loses. The airline has announced on its official website that as of today, no more flights will be operated. “Based on the Board of Directors’ decision Hungary&rsquo...
February 01, 2012The U.S. Agency for International Development (USAID) plans of implementing the “competiveness of agricultural households and development of enterprises” project in Transnistria. The program will acquire the necessary equipment for the development...
American real estate: The hidden costs of an “ownership society”
February 01, 2012The house with the white picket fence — surrounded by an ample yard with lush grass, hedges, and trees that provide comfortable roosting spots for songbirds — is an ingrained part of the American Dream, as iconic as apple pie, baseball, and...
Oil production in Azerbaijan decreased in January 2012
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February 01, 2012Oil production decreased 1,0% in Azerbaijan comparing with first month of 2011 and 9,0% comparing with January 2010 since production from the Azeri-Chirag-Guneshli (ACG) averaged 823,100 bpd in 2010, but fell to 757,500 in the first nine months of 20...
Moldova’s air market isn’t competitive enough
January 31, 2012To fly from Chisinau International Airport is quite expensive not only for Moldovans but for foreigners, as well. The small number of national airlines doesn’t provide a competitive market. Moldova’s leading airline, Air Moldova monopolizes...
German proposal: Suspend Greek sovereignty as price of financial aid
January 31, 2012Germany's Role in Europe and the European Debt Crisis The German government proposed last week that a European commissioner be appointed to supplant the Greek government. While phrasing the German proposal this way might seem extreme, it is not unreasonable...
The external public debt of Moldova rose in 2011
January 30, 2012Moldova paid $78 million in foreign debts last year, performing its foreign obligations at 99.8%, according to the data put out by the Finance Ministry, informs MOLDPRES news agency. According to the source, Moldova paid 62.3 million US dollars in outstanding...