Irina Covalenco, Author at logos-pres.md - Page 18 of 43
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Irina Covalenco

Irina Covalenco

Economic observer, freelance correspondent, 30 years in the profession. Specialises in economic policy and macroeconomics, writes on finance and financial markets. Has worked at Logos Press since the mid-1990s.

Articles

    Belgian Prime Minister Bart de Wever urged Europe to reach an agreement with Russia to restore access to cheap energy. In turn, the head of the European Commission recognized Europe’s abandonment of nuclear energy as a strategic mistake.

    16 March 2026
    Belgium advocates a return to cheap energy, Ursula von der Leyen advocates nuclear power

    India has ensured safe passage of liquefied gas tankers through the closed Strait of Hormuz. France and Italy have also started negotiations with Iran on the passage of their ships.

    14 March 2026
    Everybody wants to sail the Strait of Hormuz.

    Romania actively responded to Moldova’s call for assistance in eliminating the consequences of the ecological crisis on the Dniester River. Specialists from IGSU Romania and Apele Române arrived in Chisinau with the pumping equipment needed for the cleanup work.

    14 March 2026
    Romania responds to call for assistance in clearing the Dniester River

    The U.S. renewed financial cooperation with Moldova, focusing on technical assistance to improve budget oversight. The initiative aims to strengthen public financial management, increase budget transparency, and implement international best control practices. The program includes support from U.S. experts to ensure financial stability and efficiency in the use of budgetary funds.

    14 March 2026
    Budget planning “taken over” by the US

    The dollar is showing gains for the second week in a row, while the euro and yen are at multi-month lows.

    13 March 2026
    Dollar grows steadily amid crisis

    As part of the European integration process, the Ministry of Justice has planned for 2026 the implementation (transposition) of 97 European acts into the national legislation. The declared goal is “for Moldovan citizens to enjoy the same rights, opportunities and protection mechanisms as citizens of EU countries”.

    13 March 2026
    The population is promised European-style justice

    Moldova has requested technical assistance from Romania to eliminate the consequences of the pollution of the Dniester River with oil products. Romania can provide specialized equipment and additional filters to purify the water and prevent further spread of pollution.

    13 March 2026
    Oil continues to flow into the Dniester

    Danish Energy Minister Lars Ogor urged the country’s citizens not to get behind the wheel of a car unless absolutely necessary to save energy resources amid rising fuel prices.

    12 March 2026
    In Denmark, citizens have been urged not to drive

    The Agency for Medicines and Medical Devices (AMDM) has withdrawn two drugs used in eye surgery, Appavisk PFS and Appavisk Ophthalmic Surgical Solution, from the medical device market.

    12 March 2026
    Indian-made drugs have been recalled from the drug market

    The release of strategic oil reserves by the G7 countries and the US has not yet led to a drop in fuel prices. Despite large-scale interventions, the cost of Brent oil continues to hold at around $100 per barrel.

    12 March 2026
    World oil market: release of reserves will not affect fuel price

    UPDATED. Economic recovery after numerous shocks will continue, although Moldova still faces high emigration, low competitiveness and limited opportunities. This was the conclusion of the International Monetary Fund (IMF) experts following a mission and the publication of the relevant country report.

    12 March 2026
    Does Moldova need IMF money? And on its terms?

    According to preliminary data from the National Bureau of Statistics (NBS), the GDP in 2025 will amount to 353.5 billion lei (in current market prices) and will increase in real terms by 2.4% compared to 2024.

    11 March 2026
    GDP “fell short” of the forecast

    The International Energy Agency (IEA) proposed to release a record volume of oil from strategic reserves (more than 182 million barrels) to stabilize prices that have risen sharply due to the escalation of the conflict in the Middle East, The Wall Street Journal writes, citing informed sources.

    11 March 2026
    Oil reserves proposed to be unlocked

    Indian refiners bought about 30 million barrels of Russian crude after the U.S. gave the green light for such deals, with the price topping Dated Brent by $2-8 a barrel, Bloomberg wrote, citing informed sources.

    11 March 2026
    Bloomberg: Indian refineries have bought up all available Russian oil

    A commission from Hungary has left to inspect the condition of the Druzhba oil pipeline stopped by Ukraine. It will soon become clear whether they will be allowed to enter the country at all and how the situation will develop after their arrival in Kiev. This was stated by Hungarian government spokesman Zoltan Kovacs.

    11 March 2026
    Commission from Hungary went to Ukraine to check the Druzhba oil pipeline

    Moldovan leu for the middle of March shows a slight strengthening against dollar and euro in comparison with the indicators of the beginning of the month. The average dollar purchase is about 17.05 MDL, sale – 17.50 MDL. On the international markets, the dollar index (DXY) shows a decrease, which automatically leads to the leu strengthening against the American currency.

    11 March 2026
    Moldovan leu “strengthened”

    Overcoming the 2025 energy crisis by about two-thirds has been financed by the EU and European bilateral partners to the tune of €215 million, mainly in the form of grants for electricity procurement and support to households, businesses and social institutions. External support to the energy sector will be significantly reduced in 2026.

    10 March 2026
    IMF: External financing of energy risks will decline in 2026

    Aramco, the world’s top oil company, said Tuesday that the conflict with Iran continues to disrupt shipping in the Strait of Hormuz, which could have “catastrophic consequences” for global oil markets.

    10 March 2026
    “There are no workarounds” for the oil market

    In February, the annual inflation rate surpassed last month’s figures, amounting to 5.1%, which is higher than in January. In January, annual inflation in Moldova decreased to 4.8% (from 6.8% in December 2025), which was the lowest level over the last 1.5 years.

    10 March 2026
    Annual inflation picks up speed

    The U.S. dollar reversed course on Monday, retreating from a three-month high after President Donald Trump suggested the conflict with Iran was nearing an end.

    10 March 2026
    Dollar weakens after surge and Trump’s statements