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Category: Banks & Finance
In July, the European Central Bank unveiled designs for new banknotes that differ dramatically from those currently in circulation. This is the first time the ECB has made such a significant departure from the familiar design of the banknotes Europeans are used to seeing in their wallets.
The Ministry of Finance is simplifying the rules governing certain financial transactions. The changes will affect the requirement to obtain authorization from the National Bank of Moldova to carry out these transactions. The threshold amount will increase tenfold.
The Ministry of Finance continues to receive proposals from representatives of various sectors, which are being discussed as part of consultations on tax policy. This was reported by the Ministry of Finance, which is discussing the draft tax policy for 2027 with the business community.
The Ministry of Finance is structuring its 2027 tax reform around two objectives: reducing the tax burden on labor while simultaneously generating additional revenue for the budget. The government is proposing to raise the personal exemption and maintain tax incentives for investment, while at the same time revising a number of tax breaks and increasing excise taxes.
Nearly half of the tourist vessels selected for inspection by the Greek tax authority on the island of Santorini were found to have violated tax laws.
Moldova’s Ministry of Finance is revising budget expenditures due to a slowdown in economic growth and a decline in projected revenue. The 2026 state budget deficit is estimated at more than 20 billion lei, with revenues of 79.6 billion lei and expenditures of 100.5 billion lei, which is forcing the ministry to exercise stricter control over the country’s financial capacity and identify internal reserves.
The government has drafted amendments to the regional state aid program. Under these amendments, the amount of funding under the program will double.
Once Moldova joins the EU, the National Bank of Moldova and the National Commission for the Financial Market will begin exchanging information with the Joint Committee of European Supervisory Authorities, the European Central Bank, and the European Systemic Risk Board.
This is outlined in the draft budget and tax policy for 2027. Specifically, the mandatory state social insurance contribution rate for employers in budgetary agencies and local government institutions will be reduced from 29% to 24%.
According to the report on the execution of the state social insurance budget, revenues totaling 31,396.1 million lei were recorded for the first 7 months of 2026. This represents 61.0% of the annual target.
The EU is proposing to raise taxes on cigarettes and, for the first time, establish a uniform minimum excise tax on e-cigarettes, heated tobacco products, and nicotine pouches. A recent review has shown that current anti-tobacco regulations are outdated.
On Monday, the French will find out whether they are among the approximately 678,000 individual and business users of the “impots.gouv.fr” website affected by a major tax data breach.
On Finance Professional Day, which is celebrated annually on August 15, the Moldovan Ministry of Finance organized an informational session for about 70 young people interested in the financial sector. Participants learned about how the public finance system works, the budget formulation process, and career opportunities in this field.
The National Bank of Moldova reported growth in the payment card market. The number of cards increased by 12.2% to 4.21 million. The number of non-cash transactions rose by 26.1% compared to last year. Cashless payments are becoming more popular among the country’s residents.
Today marks the 30th anniversary of the registration of the Association of Professional Accountants and Auditors of Moldova (ACAP) in Moldova. Throughout this time, it has helped strengthen the role of accounting and auditing in Moldova’s economic development. And Logos Press has always been its active partner.
Moldova is finalizing the transposition of Directive 2013/34/EU on the annual and consolidated financial statements and related reports of certain types of companies.
Revenue from the income tax on individuals who rent out real estate increased by 33.7% over the first 7 months of 2026, totaling 70.1 million lei, compared to the same period in 2025.
The Ministry of Finance is proposing to revise the definition of a primary residence and the taxation of capital gains.
The Ministry of Finance has published a draft budget and tax policy for 2027, which provides for a number of significant changes in the area of real estate taxation regarding the setting of tax rates.
In its third Inflation Report for August 2026, the National Bank of Moldova (NBM) officially revised its medium-term inflation forecast upward for the entire comparable period compared with its May estimates.
