Irina Covalenco, Author at logos-pres.md - Page 21 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 exclusive control over the largest distributor of IT products in Moldova is acquired by the mobile operator JSC “Moldcell”, which from 2020 is part of the Irish group GC CELL Technologies DAC, – reports Logos Press.

    17 November 2025
    Accent Electronic JSC is being absorbed

    Drug market turnover for the first nine months of 2025 amounted to 204.39 million euros, of which 190 million euros is accounted for by foreign manufacturers, Logos Press reported.

    17 November 2025
    Drugs have been prescribed for sales

    Under the slogan “the whole economy should work for European integration”, the authorities are trying to use all internal and external resources. Mostly credit resources. And in all possible and impossible ways. But they are still catastrophically lacking. The government and the National Bank are now acting remarkably well, stimulating sources of replenishment of funds, trumpeting successes and keeping silent about failures. It is not always possible, of course, to present it under the sauce of “for the benefit of the Moldovan economy”.

    15 November 2025
    The price of integration, or why the NBM is “letting go of the reins”

    A new information system “Register of Inheritance Cases and Wills” has been launched, which will allow notaries to avoid errors in authenticating inheritance cases, Logos Press reported.

    14 November 2025
    Notaries have added numbers

    The National Army, within the framework of the European Peace Fund (EPF) and on account of European aid, was donated vehicles worth 5 million euros: buses, trucks, minibuses, as well as SUVs and pickup trucks, Logos Press reported.

    14 November 2025
    The National Army has been reinforced with means of transportation

    The National Bank has revised the inflation forecast for the medium term upward, except for the end of 2025. – early 2026, Logos Press reported

    13 November 2025
    NBM: annual inflation rate will steadily decline

    The European Commission will provide Ukraine with about €6bn under the G7 credit line, which will be repaid, among other things, from the proceeds of Russian frozen assets, Logos Press reported citing kommersant.ru.

    13 November 2025
    Ukraina to receive another €6bn against proceeds from Russian assets

    The government’s desire to borrow more from the domestic market is not supported by commercial banks despite a stable supply of yields, Logos Press reported.

    12 November 2025
    Demand for government securities lags behind supply

    With the support of the World Bank Group, finances in Moldova will become widely accessible to the most diverse segments of society, presumably by 2030, when a strategic document on this subject will appear, Logos Press reports.

    11 November 2025
    World Bank assists NBM with financial inclusion

    The situation in the economy forces the National Bank to increasingly use the “safety cushion” of the state to ensure its viability, reports Logos Press.

    11 November 2025
    Foreign exchange reserves “working on wear and tear”

    In October, after a September respite (6.9%), annual inflation returned to an upward trajectory of 7%, Logos Press reported.

    10 November 2025
    Annual inflation resumed growth

    Citizens have become more active in lending to the government, having recently bought over 40 million lei worth of government securities through an online platform, Logos Press reported.

    10 November 2025
    State securities have “gone public”

    The functions of monitoring the quality of state policy in the context of the country’s future accession to the EU will be taken over by the Economic Council under the Prime Minister in a new format, Logos Press reports.

    10 November 2025
    The Economic Council under the Prime Minister will be reorganized

    This year’s fall has been fruitful for forecasts of the country’s economic development. Updates followed from both international partners – IMF, WB – and local experts. All of them show cautious optimism about overcoming stagnation. However, they are unanimous that sufficient recovery growth should not be expected.

    8 November 2025
    Changing forecasts does not change GDP

    The Executive Committee of the National Bank of Moldova at its meeting on November 6 unanimously decided to keep the prime rate at the current level, reducing the mandatory reserve requirements for banks

    8 November 2025
    The National Bank kept the prime rate at 6% per annum

    Changing the legislation on possibly allowing women to serve conscripted military service in the army is under discussion, judging by the publications of the Moldovan Defense Ministry, Logos Press reported.

    7 November 2025
    Women want to be drafted into the army

    The World Bank considers the financial situation of the Moldovan banking sector as sustainable and capable of supporting economic activity while maintaining financial stability, Logos Press reports.

    6 November 2025
    WB: Banking system profitability “has improved significantly”

    Speaking at the opening of the Leaders’ Summit in Bucharest “Roadmap for the Future”, Anca Dragu, Governor of the National Bank, emphasized the structural changes in Moldova’s economy: from a significant dependence on agriculture in 2001 (a quarter of GDP) to a diversified structure today, where the service sector accounts for 58% of GDP and the IT sector is prominent – about 8%.

    5 November 2025
    Anca Dragu: “Moldova is no longer only an agricultural country”

    The representative office of the World Bank Group in Moldova has revised the country’s economic development forecast for the medium term, raising the expected GDP growth in 2025 from 0.9% to 1.5%, – reports Logos Press.

    4 November 2025
    World Bank improves Moldova’s prospects

    The government today announced the opening of registration for energy compensation payments for the 2025-2026 heating season, which will be made in cash, Logos Press reports.

    3 November 2025
    Monetization of utility costs will continue