Irina Covalenco, Author at logos-pres.md - Page 36 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 annual inflation rate in March 2025 amounted to 8.75%. After a small “winter rest”, the index of average consumer prices began a smooth ascent, – reports Logos Press.

    10 April 2025
    Inflation in Moldova is gaining speed

    Moldova’s international investment position (IIP) at the end of 2024 amounted to minus $5,588.30 million, reflecting a negative balance in external claims and liabilities, Logos Press reported.

    9 April 2025
    Investment position of RM has weakened

    The demand of commercial banks and financial institutions to buy government securities (GS) has increased significantly,” Logos Press reported.

    8 April 2025
    The banks spent on the budget

    The National Bank of Moldova has announced Moldova’s accession to the Single Euro Payments Area (SEPA), – Logos Press reports.

    7 April 2025
    Moldova admitted to the euro area (SEPA)

    The total public debt will continue to grow at a high rate. The official data published by the NBM for February 2025 show that the targeted ceiling of the state’s debt on domestic and foreign markets is certain to be exceeded,” Logos Press reported.

    7 April 2025
    Government debt will not decrease in 2025

    In state secrecy mode We must pay tribute to the courage and honesty of the…

    27 March 2025
    The gas was kept secret

    The financial results of all state-owned companies, be they joint-stock companies or state-owned enterprises, have been summarized. Preliminary data on the most efficient companies that increased both turnover and profit, as well as budget allocations, are also presented.

    26 March 2025
    The largest “sponsors” of the budget

    Repeated attempts by the state to say goodbye to its assets have ended in doubt. And it willingly kept them to itself. And recently it has increased its participation in the formation of the national product. It seems that the public sector’s last trip to the “beauty salon” will not be limited to a new haircut either.

    26 March 2025
    State-owned enterprises are still waiting for investors

    All last year, the Moldovan labor market continued to shrink. Employment decreased quarter by quarter, the labor force potential decreased in unison. At the same time, the human resources services noted “market freezing”, both on the demand side and on the supply side. Following economic logic, caution in labor relations reduces risks for both sides in difficult times.

    25 March 2025
    The “glitter and poverty” of the labor market

    The central bank gave an optimistic inflation forecast – its peak, according to NBM estimates, has already passed. NBM Vice President Petru Rotaru presented the first inflation report of the year and confirmed that the NBM is determined to return to the target of 5%. But within a wider range of possible deviations.

    12 March 2025
    Not much is expected from inflation anymore

    “While economic growth is expected to recover in 2025, downside risks remain. Authorities should pursue prudent policies and maintain adequate levels of reserves, and have robust contingency plans in place, including shocks to the energy sector. And at the same time – promote investment and reforms favorable to economic growth. The EU accession process will also play a favorable role in this regard.

    12 March 2025
    Statement on Moldova by Kenji Okamura, IMF Deputy Managing Director

    The updated memorandum of the International Monetary Fund (IMF) on the results of the sixth program review includes new commitments for Moldova for 2025. Among them – those not fulfilled in the past. They are related to increased risks of climate change and anti-corruption agenda, central bank management, budget revenues and salaries of officials. Two more assessments are foreseen under the program, which will end in December 2025.

    12 March 2025
    Memorandum with the IMF: corruption, officials’ salaries plus the climate