News
Moldova's industrial output and freight turnover decline in 2009
August 20, 2009Moldova registered the CIS worst industrial output and freight turnover indicators for the first half-year. According to the CIS Committee for Statistics, the average industrial slippage for the first half-year in the CIS countries constituted 15% against...
Remittances to Moldova decrease by more than 30 percent
August 19, 2009The volume of money transfers through banks from Moldovan' physical persons, who work abroad, exceeded US$515.03 million for the first half-year - 31.8% more against the same period of 2008. According to the data by the National Bank of Moldova (NBM...
Gazprom, Turkey Revive and Reconfigure Blue Stream Two
August 11, 2009By Vladimir Socor Russian Prime Minister Vladimir Putin wooed Turkey's AKP government with grandiose vistas of a bilateral partnership on energy during his visit to Ankara (EDM, August 7, 10). Along with his proposal to build Gazprom's South Stream...
Moldova's new coalition hopes for financial aid from abroad
August 11, 2009The new ruling coalition in Moldova is counting on financial assistance from foreign creditors, the leaders of the four parties that make up the coalition - the Liberal Democratic Party, the Liberal Party, the Democratic Party and Our Moldova Alliance...
U.S. Economy: Stable Housing Seen as Key to Recovery
August 08, 2009By Mil Arcega Economists agree the worst recession in decades was the result of the housing crisis. Using that logic, many believe the end of the housing crisis could also signal the start of an economic recovery. With the housing market starting to...
Moldovan producers use EU export quotas almost completely
August 04, 2009Moldova has used its EU wheat quota by 100% in the frame of the EU trade preferences. According to the Ministry of Economy and Trade, as of August 1, Moldova completely used its quota for the duty-free exports of 30 thousand tons of wheat to the EU....
China, EU Wait In The Wings For Access To Central Asia
August 03, 2009By Bruce Pannier Although Russia and the United States are most often mentioned as the contestants of the "new Great Game" that began after the fall of the Soviet Union, other players have also entered the arena. Central Asia, possessing...
Voronin: Russia asks no political price for $500M
July 27, 2009Moldova hopes to receive the first USD 150M tranche of a USD 500M Russian credit already in August-September 2009, Moldova's acting President Vladimir Voronin has told the Interfax news agency. Voronin said that the possibility of giving...
Job Losses Weigh on US Consumers; Concerns Mount in Britain
July 24, 2009Many Americans appear to be too worried about earning money and keeping their jobs to feel good about the world's largest economy. A widely watched index of U.S. consumer sentiment, the Reuters/University of Michigan Surveys of Consumers, declined in...
Moldova to export more wine in bulk to Russia
July 22, 2009Moldova plans to increase the annual export of wine in bulk to Russia up to 6-7 million dekalitres. The move will be favored by a string of agreements recently reached by the Moldova-Vin Agricultural and Industrial Agency and the Russian Rospotrebnadzor...