Category: Economics

In order to strengthen its path towards EU membership, Moldova will have the opportunity to increase its minimum wage by 50%

Moldova must adjust its minimum wage to represent at least 50% of the average salary in order to align more closely with European Union standards. This statement was made by Veaceslav Ionita,...

Moldova will harmonize its legislation on preventing money laundering and terrorist financing with EU standards

Moldova will align its legislation on money laundering and terrorist financing prevention with European Union standards. Today, 62 lawmakers passed a draft law in the first reading to make these adjustments.The proposed...

Bank accounts with over 100 million dollars from the Russian Laundromat have been frozen

The Anti-Corruption Prosecutor's Office has announced that, in cooperation with the law enforcement authorities of another country, it has identified assets worth approximately 190 million US dollars from the transnational money laundering...

The amount of Moldova’s subscription to the IMF is increasing

The government has increased Moldova's subscription to the International Monetary Fund (IMF) from 172.5 million Special Drawing Rights (SDRs) (approximately 232 million dollars) to 258.8 million SDRs, marking an increase of about...

When will Moldova switch to the EUR as its reference currency? The explanation of the Governor of the National Bank of Moldova

The euro could become the reference currency of the National Bank of Moldova (BNM) for interventions in the foreign exchange market, setting the exchange rate, and storing foreign reserves, said the Governor...
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NBM: Annual Inflation Rate Stays Within ±1.5% of 5% Target for 12 Months, a First in Eight Years

For the first time in eight years, the annual inflation rate remained within ±1.5 percentage points of the 5 percent target for 12 consecutive months, according to data presented today by National...

Moldova to fly to Kuwait. The authorities are preparing an agreement

The Moldovan government is preparing to negotiate an air services agreement with Kuwaiti authorities. This agreement will grant pilots from both countries the right to fly over each other's airspace, make stopovers,...

The EU will invest €32 million to repair the North-South railroad corridor in Moldova

The European Union will invest €32 million in grants to rehabilitate Moldova's North-South railway corridor, a critical project to enhance the country's connectivity with international transport networks. These funds will modernize railway...
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