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Nearly six months after U.S. President Donald Trump announced the imposition of ultra-high “reciprocal” tariffs – a blatant violation of WTO rules – the global trading system is holding up well. No major economies have followed Trump’s lead, and according to UNCTAD, global trade is expected to increase by about $300 billion in the first half of 2025.
International rating agency Fitch Ratings in early September affirmed Moldova’s credit rating at B+ with a stable outlook. Despite its stability, it includes many aggravating circumstances of the future “credit history” of the country, for which development partners are responsible with their money. But the debts are still to be paid back to the country.
Moldova’s designated natural gas supplier, state-owned Energocom, does not intend to accumulate large gas reserves in foreign underground storage facilities. The company’s director, Eugeniu Buzatu, said that the supplier will limit itself to a minimum gas reserve of 15%.
Over the last three election campaigns, the number of polling stations for Moldovan citizens in Western countries has doubled, reaching 297 (the number may still change slightly). Voter participation has also increased – from 150-200 thousand to 330 thousand in the last presidential elections. It is on the basis of these dynamics that the Central Election Commission (CEC) approves the number of polling stations and ballots abroad. As its chairwoman Angelika Karaman noted at the CEC meeting, for this year’s parliamentary elections the Foreign Ministry requested 1,098,000 ballots, including: 105,500 in Russian, 1,500 in Ukrainian and 500 in Gagauz. For comparison, it is planned to print 2,772,255 ballots for the polling stations on the territory of the country.
Against the background of loud statements about reforms aimed at increasing transparency and professionalism in the real estate sector, the draft law on the activity of real estate agents in Moldova raises serious concerns. Under the guise of good intentions, a model of centralized control, far from the European principles of regulation, is actually laid down. And, what is especially alarming – it is transferred into the hands of an institution whose reputation has already been repeatedly questioned.
In the previous few seasons on the fruit market of Moldova, the ratio of dessert apple (“frosh”, for the “fresh market”) to industrial apple (for all types of processing) was about 30/70. In the best case – 40/60. This year, because of the specific conditions that are coming up, the balance may change in favor of “frosh”. But it is not certain yet.
With the U.S. out of sorts, China increasingly authoritarian, and Russia in Dr. Evil mode, the world desperately needs a “good guy” to believe in. There is only one candidate for the job: Europe. No other country or region is free, prosperous, endowed with the right values – and big enough to be an example to the world.
Moldova’s current account of the balance of payments in the first quarter of 2025 showed an alarming increase in the deficit to 26% of GDP, exceeding $1 bln. The closest to this level was recorded 16 years ago. Last year’s figures were much more modest, although also very high: 17% of GDP in the second and third quarters of 2024 and 18% in the fourth quarter of 2024.
The Chisinau International Airport named after Eugeni Doga has topped the European ranking for passenger traffic growth in the first half of 2025. In the first half of 2025, the Chisinau International Airport named after Eugeni Doga topped the European ranking in terms of passenger traffic growth. This is evidenced by the report of the European branch of the International Council of Airports ACI Europe.
It has become a bad tradition in Moldova that at the last session of the Parliament some deputies try to push through amendments to the legislation, which are beneficial only to a few companies and can cause significant damage to the economy and the state budget.
According to the vision of the Ministry of Finance, the country should increase tax revenues by 10% annually over the next three years. The share of taxes in GDP will grow from 32.2% in 2025 to 33.6% in 2028. At the same time, the grant component in budget revenues will gradually decrease. This trend can already be traced in the current year’s budget execution and will intensify in the following years.
As of February 5, 2026, some of the permitting documents of business entities will be replaced by notifications, and for the rest there is a provision to reduce the cost of issuance, shorten the review time, exclude certain supporting documents from the list of submitted documents, increase the validity period, etc.
