Turkey has proposed to build a fuel pipeline worth 1.2 billion dollars exclusively for military needs. According to the Turkish side, the proposed route could cost 5 times cheaper than alternatives through, for example, Greece or other countries. The proposal will be presented before the July NATO summit in Ankara.
On Friday, the Romanian leu weakened by 0.2% to 5.2035 per euro ahead of the central bank’s interest rate decision, which took place on the same day but later. This fall was due to investors’ concerns about the central bank’s further policy and the tense economic situation.
One of the largest and most developed chemical clusters in the world is on the verge of a large-scale crisis. Over the past year, two of the cluster’s ten companies have already closed plants. Europe’s chemical industry is under pressure due to high energy prices, weak demand and growing competition from China.
The United Arab Emirates plans to double its ability to export crude oil by bypassing the Strait of Hormuz by 2027. According to the Emirates’ press service posted on social network X, the Abu Dhabi National Oil Company is completing construction of a pipeline that will connect oil fields to the port of Fujairah in the Gulf of Oman.
Excess liquidity becomes an additional factor of inflation acceleration. When people and companies, as well as the banking system, have more money on hand than is necessary to service the current volume of goods and services, unsecured demand grows faster, which leads to higher prices.
The International Monetary Fund (IMF) will send its staff to Ukraine in the coming weeks to check on progress in the implementation of economic reforms under the new 4-year, $8.1 billion Extended Fund Facility (EFF) program.
In April, Moldova recorded cases when fraudsters use the name of the National Bank of Moldova (NBM) to deceive citizens. In 2026, this problem has worsened – new schemes and new names of state authorities are being used. The damage from financial frauds in the country has increased 5 times, reaching 20 million lei, while the recovery of funds remains extremely low.
The National Bank of Moldova (NBM) has revised upward its inflation forecast, which will rise from to 8.6% in the last quarter of 2026 against the backdrop of the situation in the Middle East. According to the central bank’s previous official forecast, inflation in Q4 should have amounted to 5.0%, while in the forecast a year earlier (in May 2025) – 4.0%.
In 2025, European businesses are facing the need to cut back on investment, causing the level of business investment in the EU to fall to its lowest level in 11 years. This fell to 21.8% by the end of 2025 (Q4).
The Ministry of Labor and Social Protection failed to prove the correctness and accuracy of the money spent from the Energy Vulnerability Reduction Fund, which was used to pay compensations to the population during the cold season from September to December 2025. During the audit, the Audit Chamber pointed out a number of irregularities in the Ministry’s management of the fund’s resources.
The International Energy Agency (IEA) has worsened the forecast for global oil demand in 2026 due to the military conflict in the Middle East. Daily demand reduction is expected at the level of 418 thousand barrels per day to the level of 104 million bpd. The forecast is worsened by 334 thousand bpd compared to the April estimate, and the peak of the decline is expected in the second quarter – 2.45 million bpd.
On Wednesday, the dollar held near a one-week high despite increased uncertainty in the Middle East. Traders analyzed data on inflation in the US, which turned out to be higher than forecasts. Over the past 12 months ending in April, the U.S. consumer price index (CPI) rose 3.8%, the largest annual increase since May 2023. This increase was driven by the oil crisis, which put pressure on prices.
The victims of road accidents caused by an unidentified or uninsured vehicle will receive 10.2 million lei from the protection fund during 2025, of which 90 per cent will be used to compensate for material damage and 10 per cent for bodily injuries.
Moldova is in the process of active implementation and adaptation of the European System of Integrated Social Protection Statistics (ESSPROS – European System of Integrated Social Protection Statistics). This process is part of the EU accession commitments, aimed at modernizing the social sector and implementing European standards. The National Bureau of Statistics (NBS) has launched a pilot study.
Moldova’s chairmanship of the Committee of Ministers of the Council of Europe ends this week. The “farewell” ceremony will take place in a solemn atmosphere in the presence of numerous delegations, after which Moldova’s mandate will pass to the Principality of Monaco.
Exxon and Shell are resuming Arctic exploration under Donald Trump’s slogan “Storms, Crumbs, Storms.” They are seeking to replenish reserves, diversify portfolios and maximize profits from Donald Trump’s policy of ramping up fossil fuel drilling, even though they recently claimed otherwise. Record investments and the success of new projects promise to exceed all expectations, in what experts see as a great success of the U.S. administration’s public policy.
The National Bank is stepping up efforts to transition to “environmentally friendly” credit instruments, which should give borrowers significant advantages and enter the country’s “green transition” system in accordance with European requirements. The Central Bank is already holding training seminars with professional participants in the banking system to assess such business initiatives and create appropriate financial conditions for green loans.
Leading economic experts consistently argue that classic monetary methods of the National Bank are ineffective against the current inflation. It is not about money. And even – not in their quantity. It is about the economic sovereignty of the country.
OPEC oil production continued to decline in April to its lowest level in more than two decades, according to a Reuters poll. Crude oil production by OPEC, which consists of 12 member countries, fell by 830,000 bpd in April. The March figure was revised down by 700,000 bpd due to Saudi Arabia’s output estimate.
The National Bureau of Statistics (NBS) will conduct a pilot study of income and living conditions in accordance with the EU statistical legislation in the period from May 13 to June 2, 2026. The main objective is to obtain statistical data on living conditions of the population taking into account social aspects: income, housing conditions, health status, education, employment, provision of housing with various amenities and durable goods, etc.
