The aggregate profit of the Moldovan banks increased by 54% y/y to €115mn in 2021.
With one day left to pay $63mn gas bill, Moldovan Deputy PM Spinu claims 'change of attitude' by Russian gas giant since pro-EU government came to power in Chisinau.
Repeat of November gas crisis looms as Moldovan gas importer Moldovagaz lacks the €25mn needed to pay the January bill to its parent company Gazprom.
Anticipated hikes in electricity prices are set to drive inflation up further.
Moldova's economy is back to growth, with strong support from its western partners.
Soon after Southeast Europe emerged from the autumn wave of the pandemic, cases are already rising again as the Omicron variant spreads in the region.
Strong increase in current account gap even compared to pre-pandemic period.
Vladislav Zubok’s book Collapse: the fall of the Soviet Union examines the causes of the breakup of the Soviet Union and challenges the view that the collapse was inevitable.
Western European banks have made double-digit increases in the growth of their credit exposures to the CE/SEE region in the past 12-18 months.
Frozen conflicts along contested borders in the former Soviet space have created levers for Russian influence.
Compared to two years ago, before the pandemic, exports were down 0.4% and imports up 9.9%.
Economic growth in Q3 was mainly influenced by the strong performance of the agriculture sector.
An exhibition at the National Museum of History of Moldova tells the story of the tens of thousands of children deported from the Moldovan SSR.
Moldova's central bank has raised the refinancing rate four times this year in an attempt to hold back soaring inflation.
Many older citizens across the former Soviet Union look back nostalgically to the ‘golden age’ before the transition but few genuinely want a return to socialism.
Frontrunner Marina Tauber accused the ruling PAS and President Sandu of being behind the decision to invalidate her candidacy.
Europe has made a concerted push to end long-term contracts and switch to shorter-term gas hub prices. Countries in northern Europe that made that change have been burnt by the current gas price spike but those in the south that didn't fared better.
Annual advance slowed from the double-digit growth recorded in the previous three quarters but remains robust.
Russian gas major had threatened to switch off gas supplies to Moldova over unpaid gas bill.
Russia’s national gas company Gazprom warned the Moldovan government on November 22 it would cut off gas supplies unless an overdue payment for gas was settled within 48 hours.