Irina Covalenco, Author at logos-pres.md - Page 5 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

    If the conflict drags on and Brent crude oil prices settle above $91–$95 per barrel, prices for AI-95 gasoline in Moldova could hit new all-time highs and surge toward 30–31 lei per liter, fueling a spiral of inflation.

    20 July 2026
    The Conflict with Iran Has Hit Moldova the Hardest — An Opinion Piece

    In the first half of 2026, Moldova’s state social insurance budget revenues totaled 27,515.2 million lei (53.5% of the annual target), while expenditures amounted to 26,262.4 million lei. The surplus of revenue over expenditures reached 1,252.8 million lei. The data was published in the National Social Insurance Fund’s interim report.

    20 July 2026
    The social security surplus was funded by transfers from the budget

    The first official visit to our country by Drupadi Murmu, President of the Republic of India, has begun. Foreign Minister Mihai Popșoi welcomed the large Indian delegation at the gangway. The Indian delegation includes about 30 businesspeople who will participate in a business forum organized for this occasion. Moldovan authorities are hoping for Indian investment in agriculture, education, healthcare, information technology, and energy.

    20 July 2026
    Indian President Drupadi Murmu has landed in Chisinau

    Official statistics showed a record 8.2% year-over-year increase in industrial production in May. After adjusting for seasonality and the number of working days, the year-over-year growth rate reached 9.5%.

    20 July 2026
    The industry is not growing fast enough

    Last week, competition and state aid were the focus of discussions between antitrust authorities and the business community. Representatives of the antitrust authorities from Romania, Poland, and Lithuania shared their experience with Moldovan businesses regarding investigations into violations of competition law and the application of state aid legislation.

    19 July 2026
    The business community was briefed on how to avoid sanctions

    As of July 10, 2026, the National Bank of Moldova’s (NBM) official reserve assets and other foreign currency assets had decreased by 0.98 million euros compared to the end of June, and totaled 5,212.9 million euros. In June, the value of foreign exchange reserves increased. Monthly fluctuations in value depend on external inflows, market transactions, and currency revaluations.

    19 July 2026
    The Value of Foreign Exchange Reserves—In “Summer” Mode

    Contrary to expectations, the number of students is growing. Official data from the National Bureau of Statistics and the Ministry of Education and Research show a trend toward increasing demand for higher education and secondary vocational education. The country is seeing an increase in the number of students enrolled in higher education institutions and secondary vocational schools. And the dropout rate does not exceed standard levels.

    18 July 2026
    More than 20,000 young professionals have entered the job market

    The country’s progress toward achieving the Sustainable Development Goals (SDGs) was presented at the UN Political Forum on Sustainable Development. The forum took place at UN headquarters in New York, and Government Secretary-General Alexei Buza presented the country’s second national report on this topic.

    18 July 2026
    Moldova is moving toward “sustainable development”

    Vasile Tofan, the candidate for prime minister of the Republic of Moldova, has officially presented the updated lineup of the future cabinet. Most of the ministers from Alexandru Munteanu’s previous government have retained their posts. Changes were made in four ministries: Finance, Health, Culture, and Agriculture. The official vote of confidence in Parliament is scheduled for July 21, 2026.

    17 July 2026
    Vasile Tofan Presented the New Cabinet of Ministers

    The President of the Republic of India, Draupadi Murmu, who is arriving in Moldova on Monday, July 20, at the invitation of President Maia Sandu, will be accompanied by several dozen businesspeople. The Office of the President has announced the official visit of the high-level Indian delegation. This is the first-ever visit by an Indian head of state to our country since the establishment of diplomatic relations between the Republic of Moldova and the Republic of India on March 20, 1992.

    17 July 2026
    Moldova is looking forward to welcoming guests from India

    Nearly one-third of the world’s population—that is, three billion people—cannot afford a healthy diet, as the cost of food has risen sharply in recent years. This was stated by Máximo Torero Cullen, chief economist of the Food and Agriculture Organization of the United Nations (FAO), speaking to reporters ahead of the July 21 release of the report “The State of Food Security and Nutrition in the World.”

    17 July 2026
    UN: One-third of the World’s Population Is Deprived of Healthy Food

    On a year-over-year basis, producers’ selling prices showed a trend of slowing growth. In June, Moldova’s industrial sector posted near-zero year-over-year inflation, with weak month-over-month growth since the beginning of the year.

    17 July 2026
    Energy companies are bracing for a surge in prices due to inflation

    Funding for state-funded enrollment slots at higher education institutions this year is being allocated according to long-established rules—based on the budget allocation limit and the “capacity” of the universities. Of course, the focus on the economy’s need for qualified specialists is implicit. So far, the balance of interests tips in favor of “free” training only for teachers and IT specialists, who are in short supply.

    16 July 2026
    The government has addressed the “shortage of personnel”

    A new interactive portal on the state of the national budget (PEB) has been launched. The Ministry of Finance promises “direct and simplified access to information on the execution of the national budget and the use of allocated funds.” This development is linked to commitments made regarding “open governance.”

    16 July 2026
    The portal to the state treasury is now open

    A group of rapporteurs from the Venice Commission is conducting a fact-finding mission to the Republic of Moldova on July 16–17 as part of the preparation of an opinion on the new Code on the Organization and Functioning of Parliament.

    16 July 2026
    The Moldovan Parliament’s work is “under scrutiny”

    German Chancellor Friedrich Merz outlined two main negative scenarios for Ukraine and Moldova: the threat of direct military aggression in the event of a Ukrainian defeat, as well as a significant slowdown or change in the format of their European integration.

    15 July 2026
    Merz Outlined Worst-Case Scenarios for Moldova and Ukraine

    The Economic Academy of Moldova (ASEM) and FPC Bioprotect SRL have signed a five-year agreement on cooperation in workforce training. Strengthening ties between the academic and business communities will create opportunities for professional training for students and the implementation of dual education programs.

    15 July 2026
    Bioprotect is training staff at ASEM

    Moldova’s domestic public debt continued to grow steadily in June 2026, reaching 57.34 billion lei by the end of the month. In the first half of this year, it increased by more than 5.34 billion lei due to the active issuance of government securities.

    15 July 2026
    The Ministry of Finance’s Dilemma with Government Securities: How to Sell Without Raising Yields

    The National Bank of Moldova (NBM) invites children ages 7 to 10 to participate in the financial education program “A Day Out at the NBM.” The children’s event will be held at the central bank’s headquarters on July 22, by prior registration and accompanied by adults.

    14 July 2026
    The NBM Will Introduce Children to Money

    On Tuesday, July 14, 2026, negotiations between the European Union and representatives of Moldova and Ukraine officially began in Brussels on the sixth cluster, titled “External Relations” and comprises two negotiation chapters—Chapter 30 (“External Relations”) and Chapter 31 (“Foreign Policy, Security, and Defense”).

    14 July 2026
    “The Sixth Cluster” has launched