Category: Economics

Drivers to Pay Less for Green Card Insurance Following Market Liberalization

Drivers traveling abroad by car will benefit from lower costs for purchasing Green Card insurance due to the partial liberalization of the insurance market."Good news for many drivers traveling abroad and buying...

Authorities will Provide Over 70 Generators and 350 Tablets to Support Crisis-Hit Educational Institutions

The authorities will provide over 70 electric generators and 350 tablets to educational institutions in the Security Zone and the Transnistrian region, both affected by the energy crisis. The Commission for Emergency...

After turbulence, steady growth! Moldova’s GDP will rise by 3.9% in 2025 and 4.5% in 2026

The World Bank has maintained its GDP growth forecast for the Republic of Moldova at 3.9% for 2025 and 4.5% for 2026, according to the latest edition of the Global Economic Prospects...

Moldova to Install 125 MW Power Plant and 10 Additional Plants with a Total Capacity of 100 MW with EU Support

The Republic of Moldova has asked the European Union to activate its Civil Protection Mechanism, requesting international support to quickly install new electricity generation capacities. The Commission for Exceptional Situations approved this...

The NBM Delegation Strengthens Strategic Partnerships and Advocates Financial Resilience at CEE Forum in Vienna

The delegation of the National Bank of Moldova (NBM), led by Governor Anca Dragu, held a series of bilateral meetings with officials from international financial institutions and leaders from the foreign private...
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Moldova on the Brink of Economic Collapse: Trade Deficit Reaches Historic Levels

The National Bureau of Statistics (NBS) has released data on the external trade of the Republic of Moldova for the first 11 months of 2024, and the conclusions are alarming: "Moldova will...

Moldova Secures $85M U.S. Grant for Cutting-Edge Energy Storage Systems to Strengthen Energy Security

Moldova will purchase a state-of-the-art Battery Energy Storage System (BESS) with a capacity of 75 MW and internal combustion engines (ICE) with a capacity of 22 MW to strengthen the country's energy...

Energocom predicts lower electricity consumption on Friday. The volume of renewable energy will double

Energocom Company announced today that it expects electricity consumption on the right bank of the Dniester to decrease by 3 percent on 17 January compared to 16 January. The company expects renewable...
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