Irina Covalenco, Author at logos-pres.md - Page 32 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

    The supply of foreign currency in the cash market exceeds demand, remaining one of the main sources of income and ways of saving for citizens, according to Logos Press.

    23 September 2025
    The population is saved by currency reserves

    Demand for commercial bank loans put the brakes on its three-month growth in August, judging by the volume of newly issued loans to households and businesses, Logos Press reported.

    22 September 2025
    Demand for loans is shrinking

    The National Bureau of Statistics (NBS) canceled the timely dissemination of GDP and labor market data for the second quarter of 2025, explaining the postponement of the publication date by “technical reasons”. The expert community did not believe and was indignant at the restriction of access to important information on the eve of parliamentary elections.

    21 September 2025
    Statistics has suffered reputational losses

    Moldova Business Week announced the creation of a new stock exchange in Chisinau in partnership with the Bucharest Stock Exchange and a group of large investors from Moldova. Most experts believe this could be a chance for the Moldovan capital market.

    20 September 2025
    The capital market has been given a chance

    Over the first seven months of 2025, industrial production growth of 2.2% year-on-year is recorded, Logos Press reports.

    19 September 2025
    Industrial production is recovering slowly

    The Organization for Economic Cooperation and Development (OECD) and the International Trade Center have planned a series of activities to quantify the Moldovan economy in the context of its integration efforts, Logos Press reported.

    19 September 2025
    OECD to assess Moldova’s competitiveness

    The Executive Committee of the National Bank of Moldova at its meeting on September 18, 2025 unanimously decided to reduce the prime rate from 6.25% to 6% per annum, – reports Logos Press.

    18 September 2025
    The National Bank reduced the prime rate

    Entrepreneurs will no longer have to figure out what procedure to use to ask the government for business support and how to fill out documents, the format of which will be unified, Logos Press reports.

    18 September 2025
    Small businesses will be waiting at the “single window”

    The Cabinet of Ministers approved at a meeting on September 17 a regulation on the functioning of the European Employment Service (EURES) network at the national level, introducing European norms of “free movement of labor”, Logos Press reported.

    17 September 2025
    “Exporting and importing” labor is legalized

    The execution of the state social insurance budget for the first 8 months of 2025 ended with an excess of revenues over expenditures of over 1.3 billion lei, thanks to transfers to cover the deficit of own revenues, Logos Press reported.

    17 September 2025
    Social insurance revenues grow “with reserve”

    The next issue of state securities with reduced yield has been admitted to the primary market starting from September 16, 2025 through the announcement of trades by the Stock Exchange of Moldova, – reports Logos Press.

    16 September 2025
    Primary market of GS reduces supply

    Moldova Business Week announced the creation of the Chisinau Stock Exchange in partnership with the Bucharest Stock Exchange and a group of large investors from Moldova, Logos Press reported.

    15 September 2025
    Chisinau Stock Exchange to be established on a parity basis

    The capital city’s positive natural population growth increased in the first half of 2025, which goes against the demographic trends of the whole country in recent decades, Logos Press reported.

    15 September 2025
    There is a demographic boom in Chisinau

    Since the beginning of 2025, a total of 15,022 people have entered the labor market through the territorial units of the National Employment Agency, Logos Press reported.

    14 September 2025
    Work is the best form of social protection

    International rating agency Fitch Ratings in early September affirmed Moldova’s credit rating at B+ with a stable outlook. Despite its stability, it includes many aggravating circumstances of the future “credit history” of the country, for which development partners are responsible with their money. But the debts are still to be paid back to the country.

    14 September 2025
    Aggravated creditworthiness

    Capital investments in the first half of 2025 record a 21% increase to 15.4 billion lei, Logos Press reported.

    14 September 2025
    Record growth of investments in intangible assets

    Moldova’s current account of the balance of payments in the first quarter of 2025 showed an alarming increase in the deficit to 26% of GDP, exceeding $1 bln. The closest to this level was recorded 16 years ago. Last year’s figures were much more modest, although also very high: 17% of GDP in the second and third quarters of 2024 and 18% in the fourth quarter of 2024.

    13 September 2025
    Deficit account: on the edge of the abyss

    The ceiling for financing local communities under the government’s LEADER program has been increased from MDL 3 million to MDL 4 million, while diversifying the allocation of funds, Logos Press reported.

    11 September 2025
    “Leaders” are promised more money

    The development and promotion of payment infrastructure in Moldova will now officially depend on the global payment technology company Mastercard, which will promote digital payments MPay and EVO, financial education and implementation of modern data management technologies in the payment infrastructure, – reports Logos Press.

    11 September 2025
    The state trusted Mastercard

    Despite the declared increase in transfers, the Customs Service’s procedure for administering state budget revenues for the period 2023-2024 is riddled with shortcomings, causing the state to lose revenue, Logos Press reported.

    11 September 2025
    Customs does not make enough payments to the budget