Economic Growth
OECD optimistic about economic growth for US, Europe, also warned of potential problems
May 27, 2010By Lisa Bryant The Organization for Economic Cooperation and Development is offering a generally optimistic forecast for top world economies, revising growth estimates upwards in 2010 for the United States and Europe. But the OECD also warned of potential...
Moldovan government: GDP up 4% in 2010, experts dispute it
February 05, 2010Experts dispute the Government's figures of a 4% GDP growth, unveiled by Prime Minister Vlad Filat. As Infotag reports with reference to Аllmoldova Internet periodical, Political analyst Bogdan Tirdea considers that such figures are very doubtful. ...
Moldova expects to overcome economic downturn in early 2010
January 05, 2010The government forecasts that the economic recession will be overcome in the first quarter of 2010 and the economic growth will gradually go up from 1.5 per cent in 2010 to 5 per cent in 2012. The weight of the budgetary deficit in GDP will gradually...
Does declining demand in gas mean the end of Gazprom’s reign?
January 05, 2010By Stacy Closson Just over 18 months ago, Russia was predicting a bright future for Gazprom, stating that its capitalization would exceed $1 trillion by 2015 and its shares would be trading on the New York Stock Exchange. Today, the story is very...
Signs of economic growth: US holiday sales rise
December 30, 2009New figures released Monday show that holiday shoppers in the U.S. spent a little more compared to last year. Mastercard, which compiled the data, says retail sales rose 3.6 percent from November until Christmas day, up sharply from a 2.3 percent drop...
Economic recovery in the euro area is gathering momentum
December 21, 2009The worst recession in the euro area’s short history seems to have come to an end. After five consecutive negative quarters, the euro-area economy expanded again by 0.4% quarter-on-quarter in the third quarter. The rebound in activity reflects improvements...
EBRD forecasts economic growth in Moldova in 2010 BY 1.5%
October 19, 2009The economic growth in Moldova may constitute 1.5% in 2010. Such are the data of the 2009 EBRD Transition report, which will be published in November. According to the bank's press release, EBRD Chief Economist Eric Berglof considers obvious that the...
Moldova's GDP to drop by 9% in 2009
October 07, 2009In 2009 Moldova's GDP will decline 9%, and in 2010 no economic growth is expected. Such are the IMF's forecasts published in the IMF report on world situation. According to this report, Moldova is the only country, where no economic growth is expected...
Economic growth pace in Moldova to reach 6.8% in 2008, according to World Bank
January 14, 2008The economic growth pace in Moldova will grow from 4% in 2006 to 6% in 2007, 6.8% in 2008, and 7% in 2009, reads the World Bank report Global Economic Prospects launched last week. At the same time, according to WB experts, the deficit of the current...
U.S. oil prices fall on economic fears
September 17, 2007U.S. oil prices fell Monday to $78.43 a barrel on profit-taking and fears slowing U.S. economic growth would cut demand. Light, sweet crude for October delivery fell 67 cents, or 0.85 percent, to $78.43 a barrel in mid-morning trading on the New York...