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Category: Banks & Finance
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.
The level of budget deficit, fixed in the fiscal policy, should not exceed 3% of gross domestic product (GDP).
Participants of the state program “First House” will enjoy the conditions established earlier. They will not be affected by the recent decision to stop collecting applications for compensation.
Today, another 81 Moldovan companies received grants worth 43 million lei. The certificates were handed over to the beneficiaries during an event organized by the Organization for Development of Entrepreneurship (ODA).
Strangely enough, there is an answer to this question. It is not in the triumphalist rhetoric about overcoming the foreign trade imbalance and economic growth, but in the stingy language of borrowing figures that are not backed by real domestic production, capital inflows and exports.
In 2025, the world’s largest banks received record revenue from trading precious metals. According to the analytical company Crisil Coalition Greenwich, this figure reached $3.9 billion – the maximum for all ten years of observations.
Yesterday, Polish financial and technical company ZEN.com won the tender “to withdraw the bankrupt PINbank from the Ukrainian market”. The company will buy 100 percent of the institution’s shares from the state Deposit Guarantee Fund. Apparently, a new foreign player will enter the Ukrainian market of financial services.
The Government has revised the system for covering the costs of medical examinations of employees. The costs will be covered mainly by the employer, and in some cases from FOMS (compulsory health insurance funds).
It will be an independent body that assesses and monitors public finances.
The reduced VAT rate of 8% for medical devices will be canceled from May 1, 2026. The reason is that the application of the preferential tax regime has shown that it does not guarantee a reduction in the final price.
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.
A zero rate of income tax, a flat rate of payroll tax and a flat basic rate of VAT are key changes that will be part of the draft fiscal policy for 2027.
If the price of fuel at the filling station exceeds the price increase on the world markets, traders will have to pay a solidarity fee. This is how the Ministry of Economics in Latvia plans to regulate the crisis situation in the fuel market.
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.
Officers of the Main Department for Combating Fraud of the State Security Service (SIS) together with the Prosecutor’s Office for Combating Organized Crime and Special Cases (PCCOCS) uncovered a scheme to conceal 6 million lei in payments to the state.
The benefit, which implies deferral of payment of income tax received for tax periods 2023-2026, will also apply to amended tax reports. The Parliament approved this change in the final reading.
For enterprises in the small and medium-sized enterprises (SIMM) sector, the amount of income that entitles them to choose a preferential tax regime was increased from MDL 1.2 million to MDL 1.7 million. This refers to enterprises paying income tax at the rate of 4% of total income.
Independent entrepreneurs will be assigned a unique fiscal code which will be reflected on cash receipts issued by them. It will be different from the taxpayer’s personal code (IDNP).
Despite the complaints of local authorities about the lack of finances, the execution of local budgets in January-February 2026 ended with a surplus of 980.0 million lei. And their revenues noticeably exceeded their expenditures.
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.
