Category: Economics

Moldova and Poland Strengthen Cooperation on Energy Efficiency with Memorandum Signed in Chisinau

The Republic of Moldova and Poland signed a Memorandum of Cooperation to enhance energy efficiency, focusing on decarbonization and improving the energy performance of buildings to support Moldova's EU integration. Officials signed...

Over 1.1 billion lei will be required to fund energy compensation for this season

Over 1.1 billion lei are needed to provide energy compensation to low-income citizens for the 2024–2025 cold season. Parliament adopted this reduction fund during the session on Friday, November 15.This year, authorities...

Moldova has doubled its apple exports to the European Union

Deputy Prime Minister Dumitru Alaiba, Minister of Economic Development and Digitalization stated that the Republic of Moldova has doubled its apple exports to the European Union this year, demonstrating impressive growth in...

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...
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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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