Economic Crisis
Moldova: Businesses against tax on reinvested profit
October 29, 2009The taxation of economic entities' reinvested profit may be resumed not earlier than in 2011, Deputy Minister of Finance Viorel Dandara told Infotag. He remarked that the cancellation of the zero tax rate is inevitable under the conditions of the decrease...
Russia to lend Moldova 150m dollars
October 12, 2009Russia will grant Moldova 150m dollars as a state loan in 2009. Moldovan Prime Minister Vlad Filat and Russian Deputy Prime Minister and Finance Minister Aleksey Kudrin reached an agreement to this effect on 9 Oct. 2009, the Moldovan government's press...
IMF, WB revise loan conditions to support E.Europe through crisis
October 07, 2009By Ron Synovitz Russia said this week that it will not disburse the last $500 million tranche of a stabilization loan to Belarus and that it will not grant a $5 billion loan to Ukraine. Speaking in Istanbul at the start of the annual International...
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...
U.S. Congressman Ron Paul: The Fed Must Be Stopped
July 09, 2009By Ron Paul Our country currently finds itself in the midst of the worst economic crisis since the 1930s and, as during all economic crises, people search for the answer as to why this has happened. Not only have large financial firms been affected...
Investment forum: Transnistria in search for investment
June 30, 2009During June 4–5, Tiraspol hosted the first investment forum in Transnistria organised by the chamber of commerce and industry from the region. The forum considered 92 projects aimed to attract investments worth 700 million dollars. According to...
Year 2009 – gravest economic recession in Moldova’s history?
June 30, 2009The National Bureau of Statistics (NBS) has recently published statistics on evolution of GDP in the 1st quarter of 2009, which revealed a fall of about 7 percent. Anyway, 2009 will certainly be the year of the deepest economic recession after 1991, shall...
Economic Crisis Threatens to Kill Off the CIS
June 25, 2009By Paul Goble The economic crisis in the Russian Federation and other post-Soviet states may finally lead to the complete collapse of the Commonwealth of Independent States because, in the absence of agreement on a common plan of action, the number...
Moldova: Official data shows decrease in remittances from abroad
June 17, 2009Moldovans working abroad transferred over 317 million dollars through commercial banks during the first four months of 2009. This makes 34 per cent less against the same period last year, when the transfers amounted to 477 million dollars, according to...
Government launches anti-crisis measures in Moldova
June 17, 2009A set of anti-crisis measures will be implemented in Moldova to back the economy's real sector in conditions of the economic crisis. The measures will be fulfilled no matter the further evolution of the political situation in Moldova, First Deputy...