News
Moldova faces a two-digit recession in 2009
October 01, 2009The clear fall of basic economic indicators in the national economy for the 1st quarter of 2009 had a negative impact on the evolution of GDP for the first half of the year. Thus, the GDP was worth about 27.87 billion dollars in January-June 2009 in current...
Moldovan public employees earn more than those in private sector
October 01, 2009According to statistics and media reports, each forth employee in Moldova is paid from public funds. The great majority of active population (about 70 percent) is employed in the private sector and another 5 percent in joint ventures. A budgetary...
New Moldovan government lifts all restrictions of bulk wine export
September 30, 2009The Ministry of Agriculture and Food Industry has lifted all the restrictions on the exports of wine in bulk and exports of industrial grape varieties, Minister Valeriu Cosarciuc told journalists this decision was taken by the Ministry of Agriculture...
Talmaci resigns, Moldova's central bank to have a new governor
September 30, 2009According to the National Bank of Moldova (the central bank of the country) website, after Leonid Talmaci's terms in office was expired, the post of the NBM president (aka governor) remains vacant. A second vacant post has appeared in the administrative...
World Bank, IMF to help Moldova to overcome economic crisis
September 30, 2009The World Bank, in collaboration with the International Monetary Fund and donor countries, is proposing to the Government of Moldova to jointly work out and introduce a national anti-crisis program. Meeting with Moldovan Acting President Mihai Ghimpu...
Moldovan currency significantly weakens
September 29, 2009Shock on the Moldovan currency market. The euro and dollar cost went up by more than 1 leu overnight, exceeding the psychological level of 18 lei per euro and respectively 12.5 lei per dollar. The newly-appointed Finance Minister, Veaceslav Negruta...
Moldovan Bankers express optimism about LEU's exchange rate
September 28, 2009There are no objective reasons for a depreciation of the Moldovan leu currency, the heads of Moldovan commercial banks stated during their meeting with Prime Minister Vlad Filat last Saturday. Filat remarked, however, that currency speculations took...
New Moldova's PM against monopoly schemes in economy
September 22, 2009Already at its first working sitting, the new Government of Moldova will take decisions on ruining monopoly schemes, Vlad Filat stated at the meeting he organized on Monday with the representatives of the civil society, employers' associations, trade...
Moldova's new PM: New government will revise role of state
September 22, 2009The soon-to-be new Government of Moldova will revise the role to be played by governmental structures and their destination, and will substantially raise their actual output for the nation, candidate for the premiership Vlad Filat stated during a large...
Low-income countries require more and better support
September 21, 2009While the global economy is showing tentative signs of recovery, 43 low-income developing countries are still suffering the consequences of the global recession, which highlights the need to increase support to the poorest countries dealing with economic...