Irina Covalenco, Author at logos-pres.md - Page 19 of 36
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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

    The National Bank publishes the annual report “On Financial Stability”. The experts confirmed the resilience of the Moldovan financial system and its ability to support the real economy, while pointing out the systemic vulnerability to external threats, among which geopolitics and macroeconomics play a major role.

    14 December 2025
    The financial system is resilient but subject to risks

    More than half a million lei was invested by citizens in state securities in 2025 through the eVMS platform, Logos Press reported.

    12 December 2025
    Population is more active in lending to the government

    Cyber fraudsters have stepped up in anticipation of 2026 with seasonal holiday deception schemes. Among them are fake gift notifications and marketplace clones, Logos Press reported.

    12 December 2025
    Cyberfraudsters became more active before the New Year

    The central bank went for further monetary policy easing, unanimously cutting the benchmark rate from 6% to 5% at the NBM Executive Committee meeting on December 11, Logos Press reported.

    11 December 2025
    The prime rate has been reduced by 1 p. p.

    The first test transaction for the sale of electricity in the Day-Ahead Market (DAM) on the platform of the Moldovan Electricity Market Operator (OPEM) took place on December 10, Logos Press reported

    11 December 2025
    Energocom entered the free market

    The savings level of the Moldovan population remains very low: 75% of respondents in the survey said that they have not managed to save money during the last 6 months, while the rest preferred to keep their savings at home, – reports Logos Press.

    10 December 2025
    Population prefers to keep money at home

    The annual inflation rate stabilized for the second consecutive month at 7%: average food prices did not add to inflationary pressures by the end of the year, Logos Press reported.

    10 December 2025
    Inflationary pressures are leveling off

    In 2025, it is expected that the economy could register GDP growth of 2.0%, but this acceleration will not allow for a full recovery from the 2022 recession, according to Logos Press.

    9 December 2025
    National Bank forecasts GDP growth by 2%

    About 40% of the vacancies registered in the economy are waiting for applicants in the spheres of public administration and defense, institutions of compulsory social insurance – about 14% of the staff schedule, – reports Logos Press.

    9 December 2025
    There is a severe staffing shortage in the public sector

    The aggregate financial stress index is at a historically low level: the National Bank publishes the conclusions of international experts in the annual report on financial stability, – reports Logos Press.

    8 December 2025
    The financial system has proven to be “stress-resistant”

    In November, the state’s foreign exchange reserves fell by another 60.56 million euros to 5,080.87 million euros as a result of foreign debt repayments and monetary policy easing, Logos Press reported.

    7 December 2025
    Foreign exchange reserves continue to shrink

    There are seemingly contradictory trends. In 2024, the absolute (monetary) poverty rate in Moldova increased by 2 p.p. compared to 2023 and amounted to 34%. In other words, one third of the Moldovan population lived on less than 3493 lei (€181) per month per person. At the same time, the share of the population living in multidimensional poverty decreased by 1 p.p. and amounted to 26%. This means that about a quarter of the population suffers from insufficient access to such benefits of civilization as health care, education, quality housing and decent jobs.

    7 December 2025
    A cure for poverty

    This year, the topic of the well-being of the country and its citizens is particularly acute. Moreover, in different aspects – from the multidirectional arguments of politicians to the country’s ratings that pop up from time to time. It has also become central for the expert community: the annual conference MACRO-2025, organized by the independent analytical center “Expert-Grup”, focused on the issues of reducing income inequality and economic divergence of the country on the way to Europe.

    6 December 2025
    MACRO-2025: life “broke” and its diagnosis

    Moldova’s domestic public debt increased by 5.6 billion lei (+12.7%) in the first eleven months of 2025, reaching 49.6 billion lei and setting a new record. This growth is mainly due to the increase in public expenditures and the need to meet payment obligations, Logos Press reported.

    5 December 2025
    Domestic government debt continues to grow

    The state budget deficit for 2026 (21 billion lei) is planned to be covered also from domestic sources through the net issuance of government securities on the primary market, but the exact amount to be raised by this method is not mentioned, Logos Press reported.

    5 December 2025
    The hole in the budget will be closed with securities

    According to the first experimental calculations, 3 out of 10 enterprises in Moldova are headed by women, and 4 out of 10 enterprises are created by women, Logos Press reports.

    4 December 2025
    Women’s businesses have come under a separate statistic

    The OECD’s December 2025 report raised GDP growth forecasts for many economies, reflecting solid economic growth and positive trends in a number of countries amid current uncertainty, Logos Press reported.

    4 December 2025
    Trade and artificial intelligence contributed to global GDP

    From November 2025 to March 2026, the amount of compensation for consumed energy will be between 500 and 1,000 lei, with the calculation of corresponding payments of 30% for thermal energy and 40% for electric energy, Logos Press reported.

    3 December 2025
    Vulnerability criteria adjusted, compensation will decrease

    From November 25 to December 10, Moldova is holding a national campaign “16 Days of Activism against Gender Violence” under the general slogan “Moldova without Violence”, Logos Press reports.

    3 December 2025
    Statistics will examine women’s well-being and safety

    Annualized growth in average monthly wages in the third quarter of 2025 was about 10%, which translates to a 2% increase in real terms due to inflationary depreciation, Logos Press reported.

    2 December 2025
    Wages outpaced inflation, but not by much