Ирина Коваленко, Author at logos-pres.md
English
Ирина Коваленко

Ирина Коваленко

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

    Foreign exchange reserves rose by €200 million in March, thanks to a tranche from the European Commission, reaching €5.272 billion. This increase followed a two-month decline, surpassing the previous high of €5.260 billion in 2024 and setting a new historical record.

    31 March 2026
    Foreign exchange reserves set a new record

    Societe Generale sees a real risk of Brent oil prices soaring to the $150 per barrel range, as ship traffic through the Strait of Hormuz is not likely to be restored until mid-April at the earliest. At the same time, oil prices may go significantly higher if the Bab-el-Mandeb Strait is closed as well.

    31 March 2026
    Societe Generale forecasts oil in the neighborhood of $150

    The desire of Norway and Iceland to join the EU may slow down the integration process of Ukraine and Moldova. The enlargement policy against the backdrop of Europe’s confrontation with the United States tends to favor more financially secure countries.

    31 March 2026
    Politico: Ukraine and Moldova may be overtaken by Norway and Iceland

    Each state agency will revise its planned procurement requirements for 2026 due to the crisis situation by at least 10% of their originally approved cost in order to save money.

    30 March 2026
    Public procurement will be cut by at least 10%

    The euro is going through a difficult period, approaching its worst performance since 2024. The conflict in the Middle East is increasing Europe’s dependence on energy imports, negatively affecting the region’s economy. The US, as a major oil producer, is benefiting, while the European Central Bank is facing an economic slowdown and inflation.

    30 March 2026
    Euro faces worst quarter since 2024

    In March, business sentiment among businesses and consumers in the eurozone is sharply downgraded as the conflict in Iran exacerbated already volatile European business sentiment.

    30 March 2026
    Economic sentiment in the eurozone has deteriorated sharply

    Moldova’s public sector is adopting new National Accounting Standards (NAS) developed on the basis of international IPSAS standards. The aim is to increase the transparency of financial reporting, adapt to European norms and improve the management of public resources.

    30 March 2026
    Public sector moves to national accounting standards

    The war will affect international payment systems and capital markets more than is currently thought. It is naïve to think that if the Strait of Hormuz is opened, everything will work itself out. Petro-dollars may be replaced by the yuan or another global currency. And global mutual settlements between countries will no longer be based on single payment systems like SWIFT.

    27 March 2026
    The financial system won’t be the same….

    The dollar is on track for its best performance since July as conflict in the Middle East forces investors to reassess their strategies for the world’s main reserve currency.

    27 March 2026
    Dollar shows best growth since July

    Europe is facing near-empty gas storage facilities just as the gas stockpiling season is about to begin. As key reservoirs are depleted, this means it will have to compete with Asian buyers for supplies.

    27 March 2026
    Europe is facing a shortage of gas reserves

    Iran’s oil exports have not collapsed since the outbreak of war, and oil prices have risen significantly. In addition, the country remains the only Middle Eastern producer of black gold whose tankers pass through the Strait of Hormuz unimpeded.

    27 March 2026
    Bloomberg: Iran gets $139 mln a day from oil exports

    It is planned to transfer the administration of sectoral public procurement into the hands of private companies. This is part of a large-scale reform of the public procurement system aimed at increasing the transparency and efficiency of the process.

    26 March 2026
    Public procurement will be handed over to the private sector

    According to the census-2024, of the 2,409,200 permanent residents of the country, 1,119,000 people chose to live in urban areas (46.4%) and 1,290,200 people chose to live in rural areas (53.6%).

    26 March 2026
    Moldova remains a country with a predominantly rural population

    Viktor Orbán’s threat announced yesterday has today materialized into a decree of the Hungarian government. On Thursday morning, portfolio.hu reported that the government announced a package of decrees to increase strategic gas reserves and, quoting the publication, to stop exporting natural gas to Ukraine.

    26 March 2026
    Hungary will stop supplying gas to Ukraine from July 1

    Visual Capitalist publishes an infographic of the world’s 50 largest economies in 2026 with projected GDP.

    26 March 2026
    World’s largest economies in 2026 – infographic

    The National Commission of Financial Market today issued another warning about new types of digital fraud using real images and data of companies legally operating on the financial services market in Moldova in social networks.

    25 March 2026
    Cyber fraudsters use “creative approaches”

    European Commission President Ursula von der Leyen on Tuesday concluded a free trade agreement with Australian Prime Minister Anthony Albaniz. The agreement opens access to Australia’s most important raw materials, including aluminum, lithium and manganese. Australia also reduces duties on most EU goods and agricultural exports.

    25 March 2026
    EU hopes for Australian mines

    The country’s Prime Minister Viktor Orbán has announced that gas supplies to Ukraine will be cut off until oil supplies via the Druzhba oil pipeline are resumed.

    25 March 2026
    Hungary threatens to cut off gas supplies to Ukraine

    The total volume of insurance premiums written in 2025 increased by 3.1% compared to 2024. At the same time, the greatest growth was observed in fire and other natural catastrophes and other property insurance (by 21.0%). And in motor third party liability insurance (MTPL) – the traditional source of insurance business income for the Moldovan market – collections fell by 4.6% over the year.

    25 March 2026
    MTPL insurance has not gained “premium weight”

    Total government debt, which includes the government’s external and domestic liabilities, is rising due to an acceleration in domestic borrowing.

    25 March 2026
    Growth in total government debt accelerated in February