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.
The Board of Directors of the International Monetary Fund (IMF) is going to consider the report on Moldova and the issue of starting negotiations on a new cooperation program on February 27, 2026, Logos Press reports.
European Union leaders at an informal summit in Belgium agreed to move to the “Europe of Different Speeds” model, which proposes that member states reform their economies separately, Logos Press reported.
In parallel with the opening of the Munich Security Conference, central banks of the world gathered today, February 13, in Brussels for the international conference “2025: End of an era? What’s next? What’s next?” (2025: End of an era? What’s next?), where the head of the NBM Anca Dragu is also taking part, reports Logos Press.
The stock market is feverish as investors are worried about the high cost of AI companies. Stock market collapse intensifies as AI-enabled tech giants suffer crushing defeat, their shares plummet in value, Logos Press reports.
The indicators of capitalization of assets of companies with foreign capital in 2025, as before, remain modest, indicating the lack of confidence of investors in the Moldovan capital market, reports Logos Press.
Corporate bond issuance as a share of total securities nearly doubled last year, while municipal bonds played an important role in diversifying local government financing, according to Logos Press.
OTC transactions (recorded outside the regulated market and MTFs) will reach 95.65% of the total market in 2025, up from 83.09% in the previous year, according to Logos Press.
The secondary capital market saw significant changes in 2025, with the market capitalization at the end of 2025 estimated at LE 24,171.63 million, up 52.3% from the 2024 level, with a limited number of issuers, Logos Press reported.
In Moldova, by the end of 2025, the banking sector demonstrates high stability and significant growth of financial indicators, despite the moderate growth of the country’s economy, Logos Press reports.
Moldovan banks’ spending on information security and operational resilience in 2026 will be dictated by new regulatory requirements and the national cybersecurity strategy.
There is currently no consensus in the European Union to issue new joint bonds, despite intense pressure from France and several EU institutions, according to Logos Press.
French experts are calling on the EU to impose duties or weaken the euro by 30-40% to counter China, whose growing competition is threatening the EU’s industrial core, and the EU’s existing trade protection tools are not up to the task, Logos Press reported.
International Monetary Fund (IMF) chief Kristalina Georgieva said in an interview with Bloomberg Television that the dollar’s decline over the past year is not important and the U.S. currency will maintain its leading position, downplaying the importance of the dollar’s “short-term fluctuations,” Logos Press reported.
Annual inflation was 4.8% in January (6.8% in December) and has entered a volatile range, continuously declining since June 2025, according to Logos Press.
Chinese authorities have advised local financial institutions to limit purchases of U.S. Treasury bonds and reduce existing positions, Logos Press reported.
Digital money can change many things, including the principles of the banking system, experts in this field believe. But they will not be able to change the essence of money, Logos Press reports.
European Central Bank chief Christine Lagarde said the eurozone will need time to further boost productivity from the artificial intelligence investment boom, according to Logos Press.
As of January 30, 2026, official reserve assets (international reserves) totaled 5,080.70 million euros, down 23.57 million euros from the situation at the end of last year, according to Logos Press.
The National Bank of Moldova at the meeting of the NBM executive committee on monetary policy on February 5 raised the short-term inflation forecast for the end of this year by 0.7 percentage points and lowered for the second and third quarters of 2027 by 0.1 p.p. compared to the previous forecast in November 2025, Logos Press reported.
According to preliminary data, the national economy has shown a growth of about 2.7 percent in 2025, exceeding the initial forecasts of international partners, Logos Press reported.