Economy
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...
The main risks of the Chinese economy identified
June 17, 2011Mariana Puzderi / Chișinău / Moldova.ORG / -- China's economy is deservedly called a miracle. According to forecasts it may well overtake the U.S. economy and become the first in the world. However, some cracks have been noticed in China's economic...
Australian economy sees sharpest contraction since 1991
June 01, 2011Australia has reported its biggest quarterly fall in gross domestic product (GDP) in 20 years. Its economy contracted by 1.2% in the first three months of the year compared with the previous quarter, the latest government figures showed. The government...
Moldova needs new economic development strategy - World Bank experts
May 26, 2011The Moldova Branch of the World Bank presented at a round table the recommendations of the report Country's Economic Memorandum, which is to be examined by the World Bank management board on 9 June. Moldova needs a new economic strategy to put an end...
US Dollar dominance end by 2025
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May 19, 2011Chisinau / Moldova.ORG/ -- World Bank expects the dollar to lose its hegemonic position in the global economy by 2025, but the Yuan and the euro will gain their places in the monetary system. The dominance of the dollar in international monetary system...
Management board of investment-attraction programme approves 20 projects
April 28, 2011The management board of the PARE 1+1 programme for attracting remittances from abroad to Moldova's economy approved 20 investment projects for various Moldovan regions. Over 6 million lei (over 350,000 euros) has been earmarked to co-finance the...
UK economy grows by 0.5% in first quarter of 2011
April 27, 2011The UK economy grew by 0.5% in the first three months of the year. The Office for National Statistics' (ONS) first estimate of economic activity shows a recovery from the 0.5% contraction recorded for the last three months of 2010. The news alleviates...
Bank of Japan says the economy will grow from July
April 15, 2011The governor of the Bank of Japan has said the economy will expand between July and September this year as the country rebuilds itself following the earthquake and tsunami. "Most private economists believe that Japan's GDP growth rate will turn...
China's economy expands 9.7% as inflation accelerates
April 15, 2011China's economy continued its boom in March and inflation accelerated to the fastest rate since 2008. Growth was at a faster-than-expected 9.7% between January and March from the same period a year earlier, the National Bureau of Statistics said. Consumer...
International Monetary Fund improves forecast for Moldovan economy
April 13, 2011Moldova is expected to record a 4.5-per-cent economic growth in 2011, followed by a higher growth of 4.8 per cent in 2012, according to the report World Economic Outlook, unveiled by the International Monetary Fund (IMF) on 11 April. In October 2010...