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The name of the “Tofan government’s” program—“European Economy, Effective State”—clearly indicates its top priority: restructuring the economy and public administration institutions to meet the needs of European integration.

Moldova will serve as a test case for the latest reforms aimed at integrating the European Union’s gas market when mandatory rules for the allocation of bundled capacity take effect at its borders on August 5.

Prime Ministerial candidate Vasile Tofan presented an ambitious government program to the parliament, asking for a vote of confidence and … for patience: there are so many challenges ahead that immediate results should not be expected. At the same time, the candidate expressed complete confidence that his team would rise to the responsibility entrusted to it—all it takes is effort and moving step by step toward the goals outlined in the program.

Goldman Sachs, an investment bank, has warned that the price of Brent crude could exceed $120 per barrel as early as the fourth quarter of 2026 if supply disruptions through the Strait of Hormuz persist.

Introducing a minimum wealth tax on the ultra-wealthy in the UK could generate about 10 billion pounds for the budget each year, according to a study by economists at the Paris School of Economics and King’s College London. The authors of the initiative have called on Prime Minister Andy Burnham to consider this measure as he prepares a ten-year program of tax reforms.

The Administrative Council of the National Energy Regulatory Agency (ANRE) today approved an additional levy on gasoline and diesel fuel of 48 ban per liter. The levy will take effect on August 1.

This year, the Chisinau municipality allocated 36.2 million lei for summer programs, of which more than 4.5 million lei were earmarked for summer camps.

The first-ever World Cup featuring 48 national teams made history not only by crowning a new champion, but also for its record-breaking scale, high scoring, and a string of individual achievements by the top players.

In June 2026, new deposits totaled 28,769 million lei. Of this amount, 69.3% came from businesses and 30.7% from individuals. These figures reflect activity in Moldova’s banking market, where the corporate sector accounts for the bulk of new funds raised.

The Cabinet of Ministers is preparing to expand the list of excise-taxable goods, citing public health concerns and a desire to bring the tax system in line with European standards. However, the new package of amendments reveals a mixed approach to potentially harmful products: some goods are subject to excise taxes, while others are completely removed from the legal market.

Demand for “cash” in the country remains traditionally high. In June, as in previous months of 2026, the volume of cash withdrawals by citizens and businesses exceeded the volume of cash they deposited back into bank vaults. The total amount of cash withdrawn from checking and savings accounts, ATMs, and bank teller windows in June 2026 amounted to 16,506 million lei.

Speaking at the Moldovan-Indian Business Forum held in Chisinau on Monday, Indian President Drupadi Murmu emphasized the deepening cooperation between the two countries and noted that this visit reflects India’s commitment to strengthening ties in the political, economic, and cultural spheres.

The current system for reimbursing companies’ expenses in the dual education system will be replaced by a state aid scheme. The change is expected to address the gaps that are hindering the system’s development in Moldova.

In June 2026, Moldova imported nearly 1,300 metric tons of sunflower oil worth 36.7 million lei. The main suppliers were Ukraine, Russia, and Romania. The main buyers were large companies. These figures are included in a review of sunflower oil imports into the Moldovan market by Yuri Rizi, an expert in agromarketing.

The Romanian Ministry of Defense announced deals totaling 1 billion euros for the purchase of radars and helicopters from European aerospace giant Airbus and French defense company Thales.

Michael Saylor’s Strategy and Tom Lee’s Bitmine are no longer rushing to buy Bitcoin and Ether, given that their unrealized losses have reached several billion dollars each.

U.S. President Donald Trump has imposed additional 50% tariffs on imports of certain goods from Canada, the White House announced.

The visit by Indian President Drupadi Murmu and the Moldova-India Business Forum, held as part of the official visit, marked a new phase in the development of bilateral economic relations between India and Moldova.

Russian sellers operating on the Wildberries marketplace are reporting significant losses following Ukrainian drone strikes on the company’s logistics centers on the night of July 20. The changes to the terms of service, which took effect shortly before the attacks, have caused the greatest discontent among sellers. Under the new terms, the marketplace is exempt from liability for goods destroyed or damaged as a result of hostilities, including drone attacks.

The National Energy Regulatory Agency (ANRE) will review Energocom’s application to increase the regulated natural gas rate on Friday, July 24.
