Tag: economics
Maia Sandu announces electricity price hike but guarantees gas price stability
President Maia Sandu said on Thursday, December 19, that despite the economic difficulties, Moldovan citizens will not pay more for gas consumption than in the previous year. Speaking at a press conference,...
Approved by the Government: Starting January 1, 2025, the average monthly salary will increase by 2,400 lei
Starting January 1, 2025, the government will increase the average monthly salary by 2,400 lei to 16,100 lei. The government approved this decision on Wednesday, December 18, 2024.The government considers the size...
The Ministry of Energy urges central and local authorities to take measures to improve energy efficiency
The Energy Ministry has issued a circular urging central and local public authorities to implement concrete measures to improve energy efficiency in public institutions. This call follows Moldova's declaration of a 60-day...
Financial Assistance for 90% of Heating Compensation Applicants
The Minister of Labor, Alexei Buzu, announced that 90% of the 703,000 citizens who applied for heating compensations will receive financial assistance to pay their bills. About 237 families will receive the...
Serebrian about Gas Supply to Transnistrian Region: Potential Humanitarian Catastrophe if Deliveries Halt
Deputy Prime Minister for Reintegration, Oleg Serebrian, has expressed grave concerns over the potential cessation of natural gas deliveries to the Transnistrian region, labeling such a "humanitarian catastrophe." Speaking on a public...
Dorin Recean on Cuciurgan’s electricity without cheap Russian gas. “It will be complicated, but…”
Prime Minister Dorin Recean said that Moldova is ready to face a difficult scenario in which the Cuciurgan power plant will no longer benefit from Russian natural gas at low prices for...
Chisinau authorities leave for St Petersburg. When and why?
Energy Minister Victor Parlicov, interim Moldovagaz president Vadim Ceban, and Chisinau-appointed president Dorin Junghietu will travel to St. Petersburg on Sunday. The delegation will meet with representatives of Russian Gazprom on Monday....
Moldova will receive additional financial aid from the IMF
The International Monetary Fund (IMF) has approved additional financial assistance for Moldova, to be disbursed through the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF). These funds will address the...