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Public debt is one of the most important indicators of a country’s economic health. It represents the sum of all financial obligations of the government accumulated to creditors. It is usually expressed as a percentage of GDP, which allows comparing the debt burden of different countries, regardless of the size of their economies.
Experts note that the problem in Moldova is not so much the lack of money as the inability to utilize it. In their report on budget execution in the first half of 2025, experts from the Ministry of Finance also point this out. The decrease of revenues in the implementation of projects with international financing has become a trend that is observed almost monthly. Auditors of the Accounts Chamber (AC) also confirm these statements.
Postponing the adoption of the budget jeopardizes the payment of energy compensations. The authorities promise that the system will be in place this year and beyond. As it has been applied before. However, the absence of a draft budget for next year casts doubt not only on the timing of the aid, but, according to experts, on the financing system in 2026 as a whole.
Today, hundreds of citizens work through digital platforms – delivery services, cabs, online services, etc. They often operate in opaque conditions, lacking legal clarity and, as a consequence, fundamental rights such as vacation, rest, guaranteed minimum wages, job stability and social protection.
Vasiliy Lungu is a well-known person in the restaurant business: he owns the cult establishments Mojito, Chernomorka, Teatrul Gastronomic, Piana Vyshnia and the Draft chain. At the same time, he is not a media personality, he does not give interviews and he agreed to the meeting with Logos Press reluctantly. Nevertheless, our conversation took place. What came out of it – in an exclusive interview with LP.
The Moldovan government, at a meeting on October 8, approved the list of laureates of the National Award 2025. The award is one of the highest manifestations of recognition of scientific, cultural, artistic and sports figures who have contributed to the development and promotion of Moldova’s image at the international level. It is awarded on the basis of a competition, the candidates being nominated by the relevant authorities and creative unions. There are 10 laureates annually.
The Milan City Council voted in favor of selling the legendary San Siro stadium (official name “Giuseppe Meazza”) to Milan and Inter for €197 million, including the previously promised discount of €??22 million. The clubs’ management intends to demolish the stadium and build a state-of-the-art arena in its place by 2031.
According to the average intelligence quotient (IQ – intelligence quotient), as of January 1, 2025, the inhabitants of the Republic of Moldova ranked 62nd in the world out of 126 countries. The rating is compiled annually by the portal international-iq-test.com. This is the only official website of the “International IQ Test”, which has been operating since 2018.
In the early 1940s, as World War II raged in Europe, Stefan Zweig’s memoir Die Welt von Gestern: Erinnerungen eines Europäers (“Yesterday’s World: Memories of a European”) was published by a German émigré publishing house in Stockholm. Zweig, full of sadness, describes the “rupture of time” that brought old Europe to an end in the fury of two terrible world wars.
The National Bank summarized the performance of the insurance market participants in the first half of the year, noting the improvement of the sector’s financial reliability, despite the decline in profitability.
In the Republic of Moldova, the installation of one of the country’s most powerful agro-industrial facilities has been completed — a complex for rapeseed processing and rapeseed oil production at the Floarea Soarelui SA plant.
Moldova continues to modify the regulatory framework in the construction sector, which is brought in line with the provisions of the Urban Development Code. The Government drafted a decision that amends the Regulation on the creation and functioning of a single window for issuing permits for construction works.
