Irina Covalenco, Author at logos-pres.md - Page 42 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 public debt in Moldova is growing at an accelerated rate. It is increasingly secured not by gross production, but by debt securities and the established system of refinancing through foreign aid programs. Supporting the economy and budgetary commitments is increasingly becoming a way to pay off debts.

    2 May 2025
    Our debts are heavy

    Labor is traditionally honored in Moldova, but its productivity has not been considered as an official statistical indicator for a long time. Moldova is not included in international rankings of countries in terms of labor productivity. However, its cost and labor remuneration are growing at an accelerated rate,” Logos Press reports.

    2 May 2025
    Labor holiday in Moldova

    In January-March 2025, the total volume of agricultural production in farms of all categories decreased by 9.5% (in comparable prices). The main reason is the decrease in livestock production by 10%,” Logos Press reports.

    1 May 2025
    Hogs are falling, cattle are rising

    Tenths of GDP growth in 2025 and a hypothetical exit from stagnation in the next few years – this is all that the IMF and World Bank economists were able to promise the Moldovan economy. The first, updated forecasts of the world economy after the start of the trade war spoiled the mood of many countries.

    1 May 2025
    IMF and World Bank significantly worsen the outlook for Moldova

    The IMF will scrutinize the soundness of the country’s commercial banks for compliance with Basel III standards, according to Logos Press.

    29 April 2025
    IMF to check Moldovan banks

    Managers in the manufacturing and construction sectors of the economy are expecting a surge in business activity in the second quarter of 2025,” according to Logos Press.

    27 April 2025
    Recyclers and builders are determined

    On some aspects of the financial statements of the Ministry of Economic Development and Digitalization for 2024, the Court of Accounts could not decide: “Are these accounting errors or signs of fraud?”. Difficulties arose when it came to relations with the real economy.

    25 April 2025
    SP: auditors cannot guarantee the integrity of the Ministry of Economy

    Individuals will be able to lend to the government on a monthly basis. The finance ministry is forcing an electronic borrowing platform,” Logos Press reported.

    25 April 2025
    The government will issue government bonds on a monthly basis

    The General Inspectorate for Migration provided updated information on the situation of displaced persons from Ukraine and Ukrainian citizens settled in the Republic of Moldova.

    24 April 2025
    Displaced persons from Ukraine continue to arrive in transit to Moldova

    By June 2025, the once expropriated 80% of shares of IC “Moldasig” from the disgraced owner of the insurance company Veaceslav Platon should be sold. The government appointed the Ministry of Economic Development and Digitalization as the seller,” Logos Press reported.

    23 April 2025
    Deadline for “Moldasig”

    NBM President Anca Dragu and Finance Minister Victoria Belous have traveled to Washington, USA, to discuss partnerships and synchronize their watches. The Moldovan delegation is participating in the Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), held from April 21 to 26,” Logos Press reported.

    22 April 2025
    Spring meetings at the financial summits

    The volume of funds attracted by banks in March 2025 decreased by 11% – to 4.06 billion lei. The monthly evolution of the bank deposits market since the beginning of the year demonstrates the falling interest of individuals in non-cash storage of funds,” Logos Press reported.

    22 April 2025
    The bank deposit market has sagged

    The integration of new technologies will start with the modernization of the payment system, the NBM announced and instructed banks to join the Single European Payment System SEPA on their own. Moldova was accepted there on March 6, as reported by Logos Press.

    19 April 2025
    Digitalization will start with SEPA

    More than half of the credit funds are allocated by banks for consumer needs. Preference is given to mortgages secured by collateralized obligations,” Logos Press reports.

    19 April 2025
    Banks prefer consumer loans

    The legalization of cryptocurrencies, the digital transformation of the market and the transition to advanced…

    19 April 2025
    Operation Blockchain and Other Adventures of the Financial Marketplace

    Some 12% of small businesses report complete credit constraints from banks. A World Bank study on the availability of finance for SMEs presented today points to acute problems on the demand side,” Logos Press reports.

    17 April 2025
    World Bank sees credit problems in Moldova

    Since the beginning of 2025, 6,121 people have been employed through the National Employment Agency (ANOFM). Among them are people with different social statuses: unemployed job seekers, part-time and casual workers, returned labor migrants, refugees and people with disabilities. All of them applied to employment services actively searching for vacancies,” Logos Press reports.

    17 April 2025
    Employment of the unemployed is growing in Moldova

    The arrival of the Bucharest Stock Exchange as an independent infrastructural entity of the Moldovan capital market is expected in the fall of 2025,” Logos Press reported.

    16 April 2025
    Romanian stock exchange to open in Chisinau in the fall

    The inflow of currency into the country from export operations continues to decline, which may directly affect the foreign exchange market and the stability of the national currency,” according to Logos Press.

    15 April 2025
    Expert: stability of Moldovan leu in question

    Pork suppliers should be more attentive to the formation of selling prices of supply and distribution in retail chains and meat processors. After the zooepidemic, the behavior of participants in the domestic pork market is under the supervision of the Competition Council,” reports Logos Press.

    14 April 2025
    Pork prices under the Competition Council’s crosshairs