Irina Covalenco, Author at logos-pres.md - Page 3 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 independent expertise notes a paradoxical situation: despite the declared reforms, the role of the state in the Moldovan economy remains high and even structurally strengthens in some areas. At the same time, the reform of state-owned enterprises (SOEs) is progressing slowly.

    6 May 2026
    The role of the state in the economy is growing unevenly. How is the reform of state-owned enterprises proceeding

    Anca Dragu, Governor of the National Bank of Moldova (NBM), has outlined Moldova’s prospects for capital market and mortgage development. Dragu made a speech entitled “Mortgage lending in Moldova: market perspectives and development directions” in Stavanger, Norway, where she is participating in the 38th plenary meeting of the European Council for Secured Bonds (ECSB).

    6 May 2026
    Anca Dragu: Moldova strengthens its financial sector through innovation, stability and European integration

    The rivalry between Ilon Musk (SpaceX) and Jeff Bezos (Blue Origin), which began with a fight over space contracts, has evolved into a social responsibility for “the future of all mankind” and his staff, in particular. According to the Financial Times, Jeff Bezos is now reviewing Blue Origin’s employee incentives system ahead of SpaceX’s IPO.

    6 May 2026
    Musk and Bezos’ rivalry has turned to social media

    The dollar weakened against most major currencies on Wednesday after the U.S. signaled it may be close to an agreement with Iran. President Donald Trump said he would briefly suspend the operation to escort ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran.

    6 May 2026
    Dollar weakens amid growing hopes of a deal between US and Iran

    A mission of the International Monetary Fund (IMF), headed by Alina Iancu, will visit Moldova from May 7 to 20, 2026. The purpose of the visit is to coordinate policies under the new program.

    5 May 2026
    IMF mission arrives in Moldova

    The Ministry of Finance launches a mechanism of continuous subscription to state securities intended for individuals. Since May 4, subscription through the electronic platform eVMS.md is open 24 hours a day, 7 days a week, throughout the year, without time limits.

    5 May 2026
    Sale of government bonds to citizens goes into continuous mode

    As of the end of April, more than 12 thousand vacancies were officially registered in Moldova, 87% of them in cities. According to the National Agency for Employment of Population (ANOFM), in the labor market of Moldova in 2025-2026 there is still a high demand for labor force with vocational education and unskilled personnel.

    5 May 2026
    The most in-demand specialists are auxiliary workers

    Global exports of liquefied natural gas (LNG) fell in April to their lowest level in almost two years. This was the result of the de facto closure of the Strait of Hormuz due to the war in the Middle East. Nevertheless, the lost Qatari volumes are quickly being replaced by other producers: for example, from the US and Canada.

    5 May 2026
    Global liquefied natural gas exports fall to a two-year low

    According to the National Commission on Financial Market, at the end of April the second issue of corporate bonds within the IV program of public offering of commercial bank maib was successfully registered in the Register of securities issuers.

    5 May 2026
    MAIB expands the corporate securities market

    Today May subscription for government bonds started, which will last until May 17. The conditions have not changed. The previous subscription through the eVMS.md platform attracted a record number of investments from the population – over 131 million lei.

    4 May 2026
    The May subscription round for citizens has started

    The sappers of the National Army of Moldova actively carried out demining works in April 2026, destroying a large number of explosive objects. These were mainly artillery shells, mortar shells and grenades from the Great Patriotic War.

    4 May 2026
    The war reminds of itself not only by dates

    Two new tourist routes were opened in the south of Moldova, in the Cahul district: “Panorama Beleului” and “Dealul Cămilei”. They are located in the area of the Lower Prut Biosphere Reserve (Prutul de Jos) and aim to develop ecotourism in the region.

    4 May 2026
    New tourist routes opened in the “Lower Prut” region

    OPEC+ members raised their combined oil production targets for June by 188,000 bpd after the UAE left the group. Seven key countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman – agreed to increase the volumes.

    4 May 2026
    OPEC+ members to increase oil production

    Coins ceased to represent value as currency in Late Antiquity. A new study of a Roman warrior’s burial from Belgium’s Fort Odenburg has revealed the point at which coins became valued simply by the weight of the metal in the wallet. The transition from coins to scrap metal mirrored the Roman warrior’s wallet.

    3 May 2026
    The “end of money” has already happened once before

    Iran’s Central Bank and the IRGC are using the country’s largest crypto exchange to convert dollars. A Reuters investigation found that it processed transactions worth tens and hundreds of millions of dollars related to sanctioned groups, including the Central Bank of Iran and the powerful Islamic Revolutionary Guard Corps (IRGC).

    3 May 2026
    Iran uses crypto exchange to convert dollars

    According to the 2024 Census of Population and Housing Stock in Moldova, there are more than 1.12 million residential structures in the country, most of which are concentrated in rural areas. The National Bureau of Statistics (NBS) disseminated final data on the characteristics of the housing stock, including dates of construction, construction materials used and regional differences.

    2 May 2026
    Moldova’s housing stock has successfully survived the millennium milestone

    WHO Member States prolong pathogen exchange negotiations, delaying pandemic control treaty. A pandemic control treaty cannot enter into force without a PABS agreement. The agreement was created to help the world respond more effectively to future pandemics after COVID-19.

    2 May 2026
    The fight against pandemics is on hold

    “He who does not work does not eat!” The country’s labor reserves are being replenished with prison labor, solving the problem of labor shortage. Yesterday, parliament voted in the first reading of a bill amending the way prisoners’ labor is used, while restricting their money accounts and income.

    1 May 2026
    Prisoners’ labor was timed to coincide with the May 1 workers’ holiday

    The eurozone economy unexpectedly slowed at the start of 2026, with soaring energy prices driven by the war in Iran threatening stagflation in the coming months. Data for the first month of fighting in the Middle East, released Thursday, do not fully capture the extent of Europe’s economic slowdown, but give a sense of the scale of the losses.

    1 May 2026
    Europe is getting closer to stagflation

    Donald Trump Jr. and Eric Trump will become co-owners of a Kazakh mining company that received $1.6 billion in U.S. government support. A shell company backed by Donald Trump Jr. and Eric Trump has agreed to merge with a critical minerals group that last year secured up to $1.6 billion in U.S. government support for tungsten mining in Kazakhstan.

    1 May 2026
    Trump’s sons are invested in tungsten