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.
Starting from April 17, the National Bank of Moldova (NBM) will issue in numismatic circulation a silver commemorative coin in memory of the famine in Bessarabia in 1946-1947.
The head of the International Energy Agency warned Thursday that Europe has only six weeks of jet fuel reserves because of ongoing problems in the aviation industry caused by the crisis in the Middle East.
Economic and military competition has intensified under Trump, but many experts consider him only a “symptom” of the global restructuring of the world system. The Brookings Institution predicts a continuing trend toward national and regional self-sufficiency through the painful scrapping of the old. Its arguments are cited by Mike Dolan, a Reuters columnist.
In the financial markets, the probability of an interest rate hike at the ECB meeting on April 30 is estimated at 20%, but an increase in June has already been factored into prices. However, the European Central Bank has taken a wait-and-see stance.
The National Bank of Moldova (NBM) is tightening consumer credit rules from June 2026 to prevent over-indebtedness of the population. The new measures include limiting the maximum term of consumer loans to 5 years, mortgage loans – to 30 years, and leasing – to 7 years. The list of income to be taken into account when assessing solvency has also been expanded. The relevant regulations have been approved and will enter into force in June 2026.
Interest-free offers of stores, interpreted as “goods on installments”, and other products of lending activities hidden from consumers’ eyes will come under the regulator’s close supervision. The National Financial Market Commission (NFMC) has developed a new regulatory framework for consumer credit agreements.
Romania’s current account deficit narrowed markedly to 3.19 billion euros in January-February, down from 3.64 billion euros in the same period last year, according to data released by Romania’s central bank on Wednesday, April 15.
The dollar is nearing six-week lows as hopes for talks with Iran offset the military risk premium, dampening hopes for a constructive outcome to U.S.-Iran talks and raising risk appetite among investors in financial markets.
In its April update to its forecasts for 2026, the International Monetary Fund (IMF) has revised down its growth forecast for Moldova’s economy from 2.5% to 2.3% of GDP. The GDP growth forecast for Moldova in 2027 stands at 3.7%.
A Moldovan delegation headed by Governor of the National Bank of Moldova (NBM) Anca Dragu and Finance Minister Adrian Gavrilica is attending the spring meetings of the World Bank (WB) and the International Monetary Fund (IMF), held in Washington from April 13 to 18.
The weakening of the dollar in the current environment may be mainly due to changes in US monetary policy and geopolitical factors affecting commodity markets.
On April 13, central bank governors gathered for traditional spring meetings in Washington to discuss the risks of global inflation and the “Iranian shock”. For now, they are advised to remain vigilant and ready to adjust plans to cut rates due to possible economic shocks.
Today, the April round of subscription for government securities opened, which will last until April 22, 2026 through the eVMS.md platform. A special feature of this round was the offer of bonds with a maturity of one year.
The dollar has surged, oil is back above the $100 mark, and U.S. stock futures have fallen. Trump warns that oil and gasoline prices could remain high until after the midterm elections. The blockade of Iranian ports risks spreading the war to the high seas.
The exchange rate of the Hungarian forint rose sharply after Orbán’s election defeat. A convincing victory for the pro-European opposition is expected to help unlock billions of euros of European Union funding.
Today, April 12, marks the 65th anniversary of the first human space flight. On this day in 1961, Soviet cosmonaut Yuri Gagarin on the Vostok-1 spacecraft made a historic 108-minute flight, opening the era of space exploration. Today, anyone can conquer space for a certain amount of money, and it is much lower.
Increasing crime detection and identification of personalities, speeding up the collection of evidence in the investigation of complex cases. All this was made possible thanks to the state-of-the-art DNA laboratory of the Forensic Technical Center at the General Inspectorate of Police, the official presentation of which took place this week.
The European Commission at the end of the week officially supported the initiative of a number of EU countries to introduce a tax on excess profits for large energy companies. The decision was caused by a sharp jump in energy prices due to geopolitical instability and the conflict in Iran.
The consequences for the EU if the U.S. tariff regime remains in place are not uniform. Most noticeably, trade wars will continue to hit Germany and Belgium as export-oriented economies. As an alternative to such a scenario, analysts see the EU using the window of opportunity to restructure its trade strategy.