Separatist Transnistria expects 20% economic contraction this year

Iulian Ernst in Bucharest May 16, 2022

Moldovan officials believe leaders in Transnistria don't want to become involved in the Ukraine war that would further devastate the region's economy, despite a strong pro-war faction.

EBRD expects 30% GDP contraction in Ukraine in 2022, lowers emerging Europe projections

Clare Nuttall in Marrakesh May 10, 2022

The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.

President says Moldova not under threat despite latest Transnistria blasts

Iulian Ernst in Bucharest May 9, 2022

Maia Sandu seeks to reassure population following unexplained explosions in separatist Transnistria and pro-Russian initiatives by lawmakers in the autonomous Gagauzia region.

EU to support Moldovan army — but opposition Socialists call for Russian military presence

bne IntelliNews May 5, 2022

Moldova is seen as highly vulnerable to spillovers from the war in neighbouring Ukraine.

Where the 11 Southeast European states stand on the Ukraine war

bne IntelliNews May 5, 2022

Southeast Europe is split over the issues of sanctions on Russia and military aid to Ukraine, with some states firmly in the western camp, some staying neutral and others internally torn.

Moldova says “no signs” of Russian invasion

Iulian Ernst in Bucharest May 3, 2022

Defence ministry says no signs Moldova is in danger after The Times reported Russia has already decided to attack the Moldovan separatist republic of Transnistria.

Young Moldovans respond to Transnistria blasts with anger, sadness and resignation

Haley Bader in Paris April 28, 2022

Four young women from Moldova and Transnistria tell bne IntelliNews how a series of unexplained attacks in the separatist republic affected their lives.

Moldova rejects Ukraine’s offer to seize Transnistria

Iulian Ernst in Bucharest April 28, 2022

Series of attacks in Russia-backed separatist region raised fears that Transnistria — and Moldova — could be dragged into the war in neighbouring Ukraine.

Emerging Europe growth to fall to an average of 3% this year, says wiiw

bne IntelliNews April 28, 2022

Russian GDP forecast to fall by 9-15% this year, while Ukraine's economy could collapse by 38-45%.

Romanian ports prepare to ship Ukrainian grain

Iulian Ernst in Bucharest April 27, 2022

Romanian Transport Minister Sorin Grindeanu says transporting Ukrainian grain through the Black Sea remains the cheapest solution, despite the rising costs of insuring ships due to the war and the mines in the Black Sea waters.

Why are Russian pundits claiming Romania is preparing to invade Transnistria?

bne IntelliNews April 26, 2022

No evidence for bizarre propaganda claims circulated in Russian press after series of attacks in Moldovan separatist republic, but they raise worrying questions about Moscow’s intentions.

BREAKING: More explosions in Transnistria take down communication towers

Iulian Ernst in Bucharest April 26, 2022

Blasts at Pridnestrovian Radio and Television Centre follow attack on ministry, as Ukraine warns Russia is trying to destabilise separatist region.

Empty state security office in Tiraspol attacked with Russian grenades

Iulian Ernst in Bucharest April 26, 2022

Russian propaganda offensive after attack claims Romania is preparing to seize control of Russia-backed separatist republic in Moldova.

Moldova appeals to Russia to respect its neutrality after invasion threat

bne IntelliNews April 24, 2022

The Moldovan foreign ministry has urged Russia to respect its neutrality after a Russian general openly announced plans to occupy the breakaway Transnistria region.

BALKAN BLOG: What living without Russian gas would mean for Moldova

bne IntelliNews April 22, 2022

Gazprom cutting off gas supplies could trigger a chain of events leading to Moldova abandoning its neutrality.

Gagauzia’s pro-Russian people open their arms to Ukrainian refugees

Haley Bader in Comrat April 20, 2022

The majority of Gagauzians are pro-Russian and take Russia’s side in the war in Ukraine, but many are still offering aid to refugees from the conflict.

Moldova’s industry shrinks by 6.3% m/m in February, more shocks expected

Iulian Ernst in Bucharest April 20, 2022

Major effects on Moldova’s industrial activity came from the disruption of global production chains, mainly in the automotive industry.

Moldova revises budget in response to energy and humanitarian crises

Iulian Ernst in Bucharest April 19, 2022

Revised budget envisages a deficit of around 6.9% of the projected GDP for 2022 as government hikes spending to support economy and save jobs.

Share of gas in Moldova’s imports triples to 17.3% in January-February

bne IntelliNews April 18, 2022

In absolute terms, the cost of gas imports more than quadrupled to $229mn.

IMF ready to extend additional funding to Moldova

Iulian Ernst in Bucharest April 14, 2022

The Moldovan authorities asked for an extra $267mn to help cope with the impact of the war in Ukraine and surging international energy and food prices.