Irina Covalenco, Author at logos-pres.md - Page 23 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

    An extended meeting of the Economic Council under the Prime Minister was dedicated to guaranteeing young people’s entry into the local labor market, which should be an “investment in the future,” according to Logos Press.

    6 February 2026
    Prime Minister’s Economic Council discussed “guarantees for young people”

    Real household income per capita in the EU has increased by about 7%, compared to the pre-pandemic period. However, the changes between 2019 and 2024 vary widely from country to country, Logos Press reported.

    6 February 2026
    Hungary, Romania and Poland lead in real income growth rates

    The head of the European Investment Bank (EIB), Nadia Calviño, has called on EU leaders to speed up the creation of a Savings and Investment Union (SIU), calling it a condition for Europe’s competitiveness, Logos Press reports.

    6 February 2026
    EIB chief calls for consolidation of member states’ capital

    The Executive Committee of the National Bank at the first meeting this year, dedicated to updating the monetary policy, decided to reduce the mandatory reserve requirement on attracted funds in MDL and non-convertible currency by 2 percentage points (from 20% to 18%) and on attracted resources in freely convertible currency by 3 p.p. (from 29% to 26%). At the same time leaving the level of the prime rate unchanged – 5% per annum.

    6 February 2026
    The economy is created conditions of “looped liquidity”

    On February 5, the Executive Committee of the National Bank of Moldova (NBM) unanimously decided to keep the key rate at the current level, confirming experts’ forecasts about the end of the monetary policy easing period, Logos Press reports.

    5 February 2026
    The NBM kept the prime rate at 5% p.a.

    The Ministry of Finance has prepared a simplified version of the state budget for 2026, which sets out the main parameters of the financial document in an accessible form, including on socially important issues of the direction of funds, reports Logos Press.

    5 February 2026
    Ministry of Finance “simplified” budget-2026 for citizens

    This is the conclusion of experts, predicting the end of the period of key rate reduction by the National Bank of Moldova (NBM). According to the latest forecast of the NBM, in 2026, inflation is expected to decrease to the average annual level of 4.3%. Last year’s trend of stabilization of food inflation will play an important role in this, Logos Press reports.

    5 February 2026
    Food inflation will “untie the hands” of the National Bank

    The digital Euro project is now in the active phase of preparation. The full-fledged introduction of the digital currency into circulation is scheduled for 2029, but lawmakers are still unable to agree on a new mechanism for non-cash payments, Logos Press reports.

    4 February 2026
    EU wants to introduce digital Euros linked to the ECB

    Russian gas deliveries to Europe via the Turkish Stream pipeline remained at a sustained high level of 1.61 billion cubic meters in January, according to an analysis of data from February 2. ENTSOG data compiled by S&P Global Energy CERA, deliveries to Europe via the Turkish Stream pipeline through the Strandzha-2 checkpoint on the Turkish-Bulgarian border averaged 52 million cubic meters per day during the month.

    4 February 2026
    Hungary and Serbia lead in Russian gas purchases in Europe

    The European Union is ready to sign a memorandum of understanding with the U.S. to develop a “Strategic Partnership Roadmap” within three months. This partnership will focus on finding alternative sources of critical minerals, which are essential components of modern technology, without dependence on China, Logos Press reported.

    4 February 2026
    EU to offer US partnership on rare earth minerals

    The World Bank will provide technical support to the National Bureau of Statistics (NBS) in measuring living standards. The planned assistance will focus on aspects related to the preparation and implementation of the next household income budget survey (EU-SILC) according to the EU methodology, Logos Press reported.

    3 February 2026
    Poverty statistics will improve

    Among the EU countries from July 2025 to January 2026, the minimum wage remained unchanged in Belgium, Estonia, Greece, Spain, Luxembourg and Slovenia. The biggest increases were recorded in Bulgaria, Hungary, Lithuania and Slovakia, where it increased by more than 11% over the period, Logos Press reported.

    3 February 2026
    So different “European minimum”

    Countries around the world could create 26% more technology and 15% more entrepreneurial innovation if they made better use of available resources, Logos Press reports.

    3 February 2026
    WIPO: The world is using its innovation potential inefficiently

    Hungarian Foreign Minister Péter Szijjártó confirmed on February 2 that the country has formally filed a lawsuit with the Court of Justice of the European Union (CJEU) to overturn the decision to ban Russian energy purchases, Logos Press reported.

    3 February 2026
    Hungary challenged EU’s ‘legal fraud’

    The National Food Safety Agency (ANSA) reported on February 2 the destruction of a batch of 15 tons of fresh imported dill due to exceeding pesticide standards, Logos Press reports.

    2 February 2026
    The incident with the contaminated dill has been repeated

    The authorities have started discussing a draft law on investments, which is intended to clarify the state’s policy on strategic investments and their special legal status, Logos Press reported.

    2 February 2026
    “Strategic Investments” is gaining status

    Morgan Stanley, one of the largest US financial conglomerates specializing in investment banking and asset management, has identified four major forces that will shape the global macroeconomic landscape in 2026. According to the bank’s analysts, these are the spread of AI/technology, the future of energy, a multipolar world and societal shifts.

    2 February 2026
    Morgan Stanley’s “Four Pillars” of the World’s Macroeconomic Landscape

    Global hotel and travel companies will see a rise in profits in the first quarter of 2026, thanks to a weak dollar, according to Logos Press.

    2 February 2026
    Hoteliers have caught a “tailwind” for profits

    The annual exhibition World Money Fair gathered in Berlin participants from more than 50 countries, among them a delegation of the National Bank of Moldova NBM headed by Governor Anca Dragu, reports Logos Press.

    31 January 2026
    “Numismatists” of central banks gathered in Germany

    The eurozone central bank summarized the results of Friday’s Jan. 30 meeting at which it cut three benchmark interest rates by 0.25 p.p., as the consensus forecast of economists suggested, adding pressure on the Euro, Logos Press reported.

    31 January 2026
    The dollar is finding its footing