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Category: Banks & Finance
From this year, the official statistics on household income will be more accurate, thanks to the application of an improved methodology. This is reported by the National Bureau of Statistics (NBS), citing fresh data. They have also “gotten better”.
The procedure for paying for goods and/or services through the MIA instant payment system is simplified. Payments made through this system will be immediately reflected in the cashier’s check.
For cryptoasset providers, capital requirements are set between €50,000 and €150,000, while issuers are subject to strict disclosure standards and liability for inaccurate data.
The MIA instant payment system, launched in 2024, has become widespread and is now used by almost 50% of the country’s adult population. The number of users exceeds 900 thousand. And the network has been expanded to more than 18 thousand outlets across the country.
The Public Finance Control Commission today backed drafts to reduce the VAT rate on fuel from 20% to 12% while cutting excise duty by 50%.
The entrepreneurial patent form will be issued without a photograph of the holder and a mark on payment of the fee. The requirement of 10 degrees of protection will also be abolished, as it will no longer be a strictly accountable document.
The central bank of France, (Banque de France) completed a major transaction with state gold reserves, selling about 129 tons of gold, which were previously stored in the vault of the U.S. Federal Reserve System. The transaction brought the bank a capital gain of 12.8 billion euros, taking advantage of the rise in global prices for the precious metal.
Businesses are eagerly awaiting news about the anticipated tax policy changes planned for next year. The Ministry of Finance has already unveiled some of its ideas at the annual Tax and Customs Policy Conference on March 30.
In creating jobs for convicts, businesses will be able to receive subsidies and convicts will be able to receive wages, with the possibility of transferring them to their relatives.
The indices of financial stress and vulnerability of the banking sector at the end of last year were below the established threshold, reflecting normal conditions of the financial system functioning. There is no accumulation of systemic risk, although not everything is so unambiguous.
The State Tax Service has warned taxpayers about fake messages sent out via WhatsApp.
One-year government bonds will become available for purchase on the eVMS platform in the second quarter of this year. This is the first time the Ministry of Finance has demonstrated such an “innovative” approach to domestic borrowing by offering “shortened investments” with a maturity of one year and publishing a monthly schedule for the next round of subscriptions.
The Passivhaus Pilot Mechanism will test a model of financial support for the construction of 10 new Passivhaus (PHI) homes with the prospect of further national expansion.
Guarantees on loans taken out by homeowners’ associations for energy saving projects can cover more than 90% of their cost.
Every spring, life in Europe almost comes to a standstill because of the succession of annual holidays that stretch from March to May. Economists have long asked an uncomfortable question: what is their cost?
The Ministry of Finance’s budget forecasts will be compared with the estimates of the European Commission (EC). The authorities will have to justify serious discrepancies.
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).
