Kremlin-Backed A7 Network Moved More Than $6.9 Billion Through Global Banks, FT Reports
The A7 payment network, backed by the Kremlin and operated by Moldovan oligarch Ilan Shor, moved more than $6.9 billion through international banks, using forged invoices and a global network of front...
Moldova’s Gas Tariff Could Rise Again, Energy Minister Says
Consumers could pay more for natural gas in the coming period, Energy Minister Dorin Junghietu said on Tuesday, September 22. He said the new tariff and the date it could take effect...
Maia Sandu Explains Why Moldova Does Not Buy Gas From Russia
President Maia Sandu has explained why Moldova does not purchase natural gas from Russia, acknowledging that regional energy prices are putting pressure on household budgets. She made the remarks following a meeting...
Moldova’s mechanism for providing heating compensation during the cold season will be revised, and the number of households receiving support could be higher than last year. Prime Minister Vasile Tofan made the...
Ion Ceban on Moldova’s gas prices: Six times more expensive than in Ukraine, a country at war
Chisinau Mayor Ion Ceban says the price of natural gas in Moldova is set to rise again. He made the claim in a social media post.“We are already paying more than 20...
Moldova Faces Energy and Water Risks as Authorities Prepare Emergency Measures
Moldova is facing a critical situation in the energy and water sectors, and authorities are preparing to introduce a state of emergency in both areas. President Maia Sandu made the announcement following...
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Moldova successful synchronisation with Continental Europe power systems
Following an urgent request by Moldova and Ukenergo for emergency synchronization, the Transmission System Operators (TSOs) of Continental Europe agreed to start on March 16th the trial synchronization of the Continental European...
The war in Ukraine will affect Moldova’s economic growth for 2022
The International Monetary Fund forecasts economic growth for the Republic of Moldova of only 0.3%. Prime Minister Natalia Gavrilița stated that the IMF's forecast coincides with the prognosis of the Government in...