Irina Covalenco, Author at logos-pres.md - Page 7 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 International Monetary Fund (IMF) is warning of 45 million people at risk of food shortages and is preparing 42.9 billion euros of emergency aid.

    10 April 2026
    IMF cuts global growth forecast and promises money

    In March, average consumer prices in Moldova increased by 5.8% year-on-year, up 2.7% YTD, confirming the acceleration trend. As of February 2026, annual inflation rose to 5.1% after January’s low of 4.8%.

    10 April 2026
    NBS: Annual inflation amounted to 5.8%

    From this year, the official statistics on household income will be more accurate, thanks to the application of an improved methodology. This is reported by the National Bureau of Statistics (NBS), citing fresh data. They have also “gotten better”.

    10 April 2026
    Income statistics are improving

    According to an April report by the World Bank (WB), Moldova’s GDP growth forecast for 2026 was revised downward from 2.7% to 1.9%. Nevertheless, the economy is expected to recover with growth of 3.8% in 2027. These data reflect the adjustment of the country’s economic outlook within the framework of the updated forecast.

    9 April 2026
    World Bank: Moldova’s economy will slow down to 1.9% of GDP

    The MIA instant payment system, launched in 2024, has become widespread and is now used by almost 50% of the country’s adult population. The number of users exceeds 900 thousand. And the network has been expanded to more than 18 thousand outlets across the country.

    9 April 2026
    NBM: MIA is used by every second

    The dollar fell sharply against all key currencies, following a two-week ceasefire agreement between Iran and the US. This agreement led to a significant drop in oil prices and weakened demand for the dollar as a defensive asset in the conflict.

    9 April 2026
    The dollar has fallen victim to the truce

    More than 20 hours a week on the computer? You should see a doctor! Since April, a new regulation on medical examinations for employees exposed to occupational risks has been in force.

    8 April 2026
    The list of “harmful jobs” is being expanded

    Employees and employers will be able to resolve individual disputes without going to court. This will be quicker, cheaper and less stressful. As early as autumn, the authorities plan to launch a specialized mediation institute for this purpose, which will provide a “negotiation process”, including for civil and family disputes.

    8 April 2026
    Labor disputes are being taken out of the courtroom

    On Wednesday, the agreement on a two-week truce between the U.S. and Iran caused a revival in the world markets: European stocks rose by almost 4%, but quotes of Russian oil companies collapsed.

    8 April 2026
    The markets breathed a sigh of relief. For how long?

    The Moldovan labor market in 2026 is characterized by the transition to European standards of regulation, as well as by liberalization and introduction of new rules for employees and employers.

    7 April 2026
    Moldova will introduce pre-trial dispute resolution and European-style salaries

    Almost 100% of the government’s domestic borrowing goes not to finance budget expenditures, but to service the public debt on loans taken earlier.

    7 April 2026
    The state’s domestic borrowing works “for itself”

    The European Commission (EC) has urged EU countries to limit large-scale measures to support economies, including energy subsidies and tax cuts, because of the risk of high inflation and budget deficits.

    7 April 2026
    The European Commission advised countries not to get carried away with supporting their economies

    The indices of financial stress and vulnerability of the banking sector at the end of last year were below the established threshold, reflecting normal conditions of the financial system functioning. There is no accumulation of systemic risk, although not everything is so unambiguous.

    6 April 2026
    NBM: Banks are not threatened by anything, including mortgages

    One-year government bonds will become available for purchase on the eVMS platform in the second quarter of this year. This is the first time the Ministry of Finance has demonstrated such an “innovative” approach to domestic borrowing by offering “shortened investments” with a maturity of one year and publishing a monthly schedule for the next round of subscriptions.

    6 April 2026
    Investors will be attracted by timing

    In the April 2026 report “Institutions for Industrial Policy,” International Monetary Fund (IMF) experts discuss the shift away from pure free market principles in economic management. Industrial strategies require active government intervention and coordination, reminiscent of Soviet Gosplan methods to support key sectors of the economy in the new environment, according to the Fund’s working papers.

    6 April 2026
    IMF: State plan instead of free market

    A new sanitary regulation on cosmetic products in Moldova tightens safety controls, requiring manufacturers and importers to adhere to strict quality standards, labeling and provide evidence of product efficacy.

    5 April 2026
    Cosmetics will be digitally controlled

    Finance ministers of five EU countries – Germany, Italy, Spain, Portugal and Austria – called for the introduction of a tax on excess profits of energy companies amid a sharp rise in fuel prices due to the war in Iran. This is reported by Reuters with reference to their letter to the European Commissioner for Climate Vopka Hukstra.

    5 April 2026
    Five EU countries called for an excess profits tax on energy companies

    Moldova actively attracted external financing in 2025, with a significant portion of funds coming from the European Union. The EU even allocated additional funds (€18.9 million) in September to complement the aid package under the reform mechanism. One of the key objectives of these agreements is to support the country’s modernization and fulfill its EU accession commitments.

    4 April 2026
    The state’s loan portfolio has gotten a hefty boost

    The week passed for the world currencies in the waiting mode. Traders are following the news about the war in Iran and waiting for data on liquidity flows. The dollar remained stable after rising by 0.4% in the previous session, helped by a calmer reaction to US President Donald Trump’s recent comments on Iran.

    4 April 2026
    Currency markets show restraint

    The EU is considering all options, including fuel rationing and releasing more oil from strategic reserves, as it prepares for a prolonged energy crisis caused by war in the Middle East.

    3 April 2026
    Europe prepares for fuel vouchers