Irina Covalenco, Author at logos-pres.md - Page 47 of 50
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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 scope and procedures of public procurement have changed significantly in recent years, making their accounting require updated monitoring technologies,” Logos Press reported.

    4 June 2025
    Monitoring of public procurement has become more complex

    In the first quarter of 2025, the national public budget was implemented with a deficit of 313 million lei,” Logos Press reported.

    4 June 2025
    Budget deficit in the first quarter exceeded 300 million lei

    An external audit by the Court of Auditors has revealed multiple irregularities regarding the reliability of data submitted in the information systems managed by the National Health Insurance Company (CNAM),” Logos Press reports.

    3 June 2025
    Insurance medicine – budget surplus and “extra” patients

    As of May 31, 2025, the domestic public debt increased by 4,817.7 million lei compared to the situation at the beginning of the year and amounted to 48,778.9 million lei, exceeding the target for 2025,” Logos Press reported.

    3 June 2025
    Domestic government debt in May “exceeded the plan”

    The National Bank of Moldova has analysed potential challenges to the stability of the country’s financial system and concluded that there are no global risks to the financial sector, but there are geopolitical risks, according to Logos Press.

    2 June 2025
    There are no systemic financial risks in Moldova

    Let’s work together to create a culture of accountability where every audit report is a step forward toward a government that serves the citizens!

    1 June 2025
    Strategic allies of the Court of Accounts of the Republic of Moldova – media and civil society

    In 2025, the Audit Chamber intends to expand the digitalization of audit, strengthen institutional independence, attract and motivate human resources. The main message of the departmental Report on the Activities of the Supreme Audit Institution in 2024 is directed to the future.

    31 May 2025
    The Court of Accounts invests in digitalization and human resources

    Real wages increased by 1.7% in the first quarter of 2025. Labor costs were lower than at the end of last year due to insufficient wage growth,” Logos Press reported.

    30 May 2025
    Salaries did not outweigh the inflationary surge

    In April, the total public debt continued its growth, amounting to 123 billion lei (+16% in annual terms). In relation to GDP, it amounted to 35%, compared to 32.8% a year earlier,” Logos Press reported.

    30 May 2025
    The state debt has lost on the course

    Today, May 29, the National Bureau of Statistics for the first time presented official indicators of multidimensional poverty in Moldova. According to the calculations, a quarter of the country’s population (25.6%) can consider themselves in a state of “multidimensional poverty”. Even more people – one third of the country’s population (33.5%) – will be below the absolute poverty line in 2024,” Logos Press reports.

    29 May 2025
    Multidimensional poverty in Moldova is lower than monetary poverty

    More than a quarter of pensioners work officially and are social security contributors, securing their retirement benefits,” Logos Press reported.

    29 May 2025
    The Social Security budget is also formed at the expense of retirees

    Cardiovascular disease is the leading cause of death in Moldova, and it is more common in women than in men,” Logos Press reported.

    29 May 2025
    Heart disease accounts for 60% of mortality in Moldova

    According to the Open Data Inventory (ODIN) 2024/25, Moldova has moved up to the third place in Eastern Europe in terms of accessibility and openness of official statistical data, – reports Logos Press.

    28 May 2025
    Moldovan statistics recognized as advanced

    The Competition Council is working on legislative amendments to transpose into Moldovan law the norms of Directive (EU) 2019/633 on unfair practices between merchants and suppliers, – Logos Press reports.

    27 May 2025
    Network trade will be “strengthened” by small producers

    By the decision of the NBM executive committee, CB Moldova-Agroindbank, Moldindconbank, OTP Bank and Victoriabank were again named as banks of systemic importance in Moldova,” Logos Press reports.

    27 May 2025
    Buffer rates for leading banks have not changed

    In the first quarter of 2025, insurance companies’ revenues from all lines of business declined and pre-tax profits fell significantly,” Logos Press reported.

    26 May 2025
    The profitability of the insurance industry has declined

    In the first quarter of 2025, a decrease in both the volume of cargo transported (-1.6%) and the distance of cargo transportation (-12.4%) is registered,” Logos Press reported.

    26 May 2025
    Freight transportation volumes and distances are decreasing

    The largest insurer in Central and Eastern Europe VIG AG WVC (Vienna Insurance Group AG Wiener Versicherung Gruppe) will expand its presence in Moldova by acquiring control (480 thousand shares, 80% of the authorized capital) in the insurance company Moldasig.

    25 May 2025
    VIG buys control over Moldasig on its own terms

    Restrictive monetary policy measures since the beginning of 2025 and the situation on the monetary and foreign exchange market led to an increase in interest rates on new loans and deposits in lei in the first quarter of 2025.

    24 May 2025
    Lending to the economy is slowing down

    On Thursday, May 22, the legislature ratified the agreement signed on May 9, 2025 between our country and the European Union,” Logos Press reported.

    22 May 2025
    Today the parliament accepted the EU money