Category: Economics

The cost of Credits increased by 70%. The government is most affected

The average interest rate on new loans granted by banks in the last year increased by 70%. If last year the average interest rate was 6.8%, now it has reached 11.3%.In 2021,...

The government will compensate the costs of wood supply for the population

The "Moldsilva" agency will receive 64.2 million lei from the Reserve Fund, in order to prevent the price increase of firewood, made to the population for the cold season. The money will...

BNM bought millions of dollars from the market to keep the leu stable

As of July 29, 2022, official reserve assets amounted to US$3.725 billion, up by US$108.71 million compared to June 30, 2022, when they amounted to US$3,616.39 million, National Bank data show of...

The government has given up on turning off the street lights at night

The government has abandoned the suspension of street lighting during the night. The announcement was made by Constantin Borosan, secretary of state in the field of energy at the Ministry of Infrastructure...

New challenges for farmers! The rain affected the table grapes

After the two-month drought, in early August it rained in almost all regions of the country (about 15-35 mm). The precipitation improved to a very small extent the condition of perennial plantations...
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Nicu Popescu talks about the promised financial assistance

Many Western partners have promised Moldova financial assistance, but the money does not reach the country immediately, said Nicu Popescu. The Minister of Foreign Affairs and European Integration made this clarification was...

Switzerland invested over one and a half million euros at Stefan Voda

The first Swiss investment in the Republic of Moldova of over one and a half million euros takes place benefits the citizens of Stefan Voda. The money were invested in the construction...

ODA launches the refurbishment and energy efficiency program

The Organization for the Development of Entrepreneurship (ODA) launched the retrofitting and energy efficiency program. The support program is dedicated to small and medium-sized enterprises.Thus, businesses will be helped to increase their...
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