Irina Covalenco, Author at logos-pres.md - Page 31 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

    Monthly summaries of the Ministry of Finance show a decrease in the size of the external public debt – in May it amounted to $4.232 billion and, compared to April, decreased by $123 million or 2.8%. – reports Logos Press.

    25 June 2025
    We give away more debt than we receive

    While during May 2025 the positive dynamics of lending was maintained, thanks to consumer borrowing, the first week of June saw a decline in the volume of loans issued in local currency,” Logos Press reported.

    24 June 2025
    Demand for ley loans in the economy “unexpectedly” fell

    About 80 percent of the newly attracted funds in the banking system are in the national currency, and the same percentage of funds reflect the saving sentiment of individuals,” Logos Press reported.

    24 June 2025
    Population prefers to keep money in lei

    Execution of surplus budgets for Social Security and Medicare in 2024 could have been even better if not for shadow payments by businesses,” Logos Press reports.

    24 June 2025
    “Secret tricks” of tax avoidance

    At the end of May, at the invitation of the Moldovan government, Vienna Insurance Group (VIG) applied for the acquisition of 80% of MOLDASIG S.A. shares, – reports Logos Press.

    23 June 2025
    VIG applied for the acquisition of Moldasig

    This week, the government approved a single package of amendments to a number of laws establishing standards of activity on the financial and capital markets. Consumers of financial services will receive real protection: the powers of the National Commission for Financial Market (NCFM) will be expanded.

    22 June 2025
    Control over the financial sector will be redistributed

    In May, demand for foreign currency from business entities was covered by supply from individuals by 86.4%, compared to 91.8% in April,” Logos Press reported.

    21 June 2025
    The currency market is experiencing a deficit

    Are you quietly perplexed when account maintenance in different banks is called differently? When a free pension or social security account is debited every month? When transactions are priced ahead of other countries’ payment systems? You are not alone…

    21 June 2025
    “Little tricks” of the big banks

    Profitability of the banking system is ensured by income from lending and investment activities at the expense of foreign funds against the background of poor security with own funds, – reports Logos Press.

    20 June 2025
    Banks are short of their own funds

    The Executive Committee of the National Bank of Moldova at its meeting on June 19, 2025 unanimously decided to keep the prime rate at 6.5% per annum, – reports Logos Press.

    19 June 2025
    The NBM continues to hold the pause

    Banks’ lending resources in the first quarter went mainly to mortgages and trade, with private consumers borrowing in third place,” Logos Press reported.

    19 June 2025
    Banks favor mortgages and trading

    The government has expanded the powers of the National Commission for Financial Market (NCFM) to ensure real protection for consumers of financial services,” Logos Press reported.

    18 June 2025
    Banks and NPOs will be held accountable for everything

    In the first quarter of 2025, the population was less active on the local labor market: all statistical indicators of employment in Moldova decreased,” Logos Press reports.

    18 June 2025
    No jobs, no unemployment, no joblessness.

    The National Health Insurance Company (NHIC), along with other state institutions, has fallen under suspicion of illegal use of public funds. The Court of Accounts sent the relevant materials to law enforcement agencies,” Logos Press reported.

    17 June 2025
    Insurance medicine has come under suspicion

    A mission of the European Court of Auditors is in Moldova to prepare an annual report on the use of EU funds,” Logos Press reported.

    17 June 2025
    European auditor came to Moldova

    In the first quarter of 2025, GDP declined for the year in real terms by 1.2%. The economic recession has been registered for the third consecutive quarter,” Logos Press reports.

    16 June 2025
    Moldova’s economy continues to decline

    Moldova is experiencing a changing migration pattern due to various factors, including economic and social conditions. The main trends include population decline, outflow of young people and increase in internal migration.

    15 June 2025
    Migrating Moldova

    Low absorption of external loans for investment projects continues to be a problem, Logos Press reported.

    14 June 2025
    External assistance “didn’t come in handy”

    Anca Dragu, Governor of the National Bank of Moldova, received the award “Exceptionally Outstanding Career. An inspiring model of female leadership” at the Invest Energy charity gala in Bucharest,” Logos Press reported.

    14 June 2025
    Anca Dragoo was recognized for her services in her home country

    The United Nations has identified the causes of the world’s falling birth rate. The answer lies in the freedom of reproductive choice, which only economic stability, decent health and confidence in the future provide, not today’s access to services. Many people are deprived of this choice, and Moldova is no exception.

    14 June 2025
    Economic causes of the demographic crisis