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    Prime Minister Vasile Tofan stated on Friday that the Russian accounting software 1C, which is widely used in the Republic of Moldova, poses a security risk; however, despite this, he cannot demand its immediate discontinuation, instead calling for a gradual replacement.

    Moldova’s Economy 7 August 2026

    A fund of funds established to develop Moldova’s capital market has attracted the attention of the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC). This was announced by Minister of Economic Development and Digitalization Eugeniu Osmochescu during a meeting with representatives of the Moldovan diaspora.

    Banks & Finance 7 August 2026

    Prime Minister Vasile Tofan and his Bulgarian counterpart, Rumen Radev, discussed the importance of strengthening cooperation on energy security in the region amid the sector’s mounting challenges. The exchange of views took place during a telephone conversation between the two heads of government.

    Politics & Economy 7 August 2026

    Diageo, the world’s largest producer of spirits, has for the first time abandoned its target of a 5–7% annual increase in sales. Instead, the company is preparing for a prolonged period of weak demand and is launching a $1 billion cost-cutting program.

    Business & Companies 7 August 2026

    According to data from the National Bank of Moldova, as of July 31, 2026, official reserve assets totaled 5,197.74 million euros, down 18.35 million euros from the end of June (5,216.09 million euros).

    Banks & Finance 7 August 2026

    Last month, the National Bank of Moldova (NBM) transferred nearly one billion lei to the state budget from its profits for the 2025 fiscal year, following an independent external audit of the institution’s financial statements. This amount represents half of the central bank’s distributable profits. The other half will be used to increase the NBM’s authorized capital.

    Banks & Finance 7 August 2026

    Finance Minister Victoria Belous provided some details regarding the taxation of individuals in their dealings with legal entities.

    Banks & Finance 7 August 2026

    The real estate market in Moldova requires a new approach to improve housing affordability. According to Prime Minister Vasile Tofan, rather than imposing price caps, it is necessary to increase the supply of more affordable housing.

    Economy & Law 7 August 2026

    According to the Food and Agriculture Organization of the United Nations (FAO), the rise in prices in July was driven by a 3.4% increase in the cereal price index compared to the previous month. Wheat prices rose particularly sharply—by 5.8%. This was due to concerns about disruptions to exports from the Black Sea and damage caused by heat waves in key agricultural regions.

    Global Economy 7 August 2026

    The draft tax policy for 2027 proposes raising the corporate income tax rate for the financial sector from 12% to 18% for the entire tax year. This proposal has drawn comments from both experts and the general public.

    Point of View 7 August 2026

    A Moldovan citizen who had returned from the United Kingdom complained to the prime minister about the difficulties faced by members of the diaspora upon returning home. According to her, people with education and work experience abroad sometimes face prejudice when looking for work in Moldova, while migrant workers from other countries may be hired more readily.

    Moldova’s Economy 7 August 2026

    In 2023, U.S. President Joe Biden ordered U.S. intelligence agencies to submit evidence of Russia’s war crimes to the International Criminal Court with the aim of bringing charges against Russian President Vladimir Putin.

    Logos Press Exclusive 7 August 2026

    GPS watches for children and other tracking devices designed for safety can themselves become a source of danger. Researchers have discovered vulnerabilities that allow attackers to track users’ locations, access cameras and microphones, and remotely control the devices.

    Technology & Innovation 7 August 2026

    In Moldova, there remains a significant disparity between urban and rural areas in terms of access to early childhood education. In urban kindergartens, there are an average of 89 children for every 100 available spots, whereas in rural areas, this figure is only 57 children.

    Society 7 August 2026

    Finance Minister Victoria Belous revealed some details of the draft budget and tax policy for 2027 that pertain to businesses. 

    Banks & Finance 7 August 2026

    In a private conversation with major donors to his campaign, U.S. President Donald Trump made it clear that he wants his vice president, J.D. Vance, to win the 2028 presidential election.

    Global Economy 7 August 2026

    The National Energy Regulatory Agency (ANRE) has published new maximum prices for gasoline and diesel fuel, which will be in effect from August 8 through August 10.

    Moldova’s Economy 7 August 2026

    A group of seventeen Moldovan teachers is in South Korea, where they are participating in the Korean Digital-Learning Improvement Cooperation (KLIC) 2026, an international professional development program in the field of digital education. This was reported by the Center for Information Technology and Communications in Education of the Republic of Moldova.

    Society 7 August 2026

    The deal by Moldova’s largest grocery retailer to acquire the Merci chain has come under antitrust scrutiny. The Competition Council has launched an in-depth investigation into Moldretail Group’s acquisition of 100% of the equity in Honest Company, which operates the Merci stores. The investigation will last up to 90 business days and is intended to determine whether the acquisition will lead to excessive concentration in the food retail market.

    Moldova’s Economy 7 August 2026

    The Ministry of Agriculture and Food Industry organized consultations on the Strategic Program for the Development of Aquaculture for 2026–2030 (PSSA) with the participation of representatives from associations in the fish and aquaculture production and processing sectors.

    Agribusiness & Winemaking 7 August 2026

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