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Category: Global Economy
President Maia Sandu accepted the credentials from nine ambassadors accredited to the country. For the first time, Estonia and Norway have appointed ambassadors to Moldova with permanent residence in Chișinău, following the upgrading of their diplomatic missions to the level of embassies.
Moldova’s General Inspectorate for Emergency Situations (IGSU) is continuing to prepare a national report on the assessment of natural disaster risks, which the country is required to submit to the EU Civil Protection Mechanism. As part of this work, Moldovan specialists discussed the quality of the document and mechanisms for inter-agency cooperation with Swedish experts during a workshop held in Chișinău.
Ukraine’s three largest pharmaceutical distributors – ‘BaDM’, ‘Optima-Pharm’ and ‘Venta’ – have proposed to drug manufacturers and importers that they share the losses resulting from the destruction of products and warehouse infrastructure caused by Russian shelling. The companies are discussing the incorporation of such mechanisms into supply contracts.
The global market for petroleum products is facing the risk of a shortage of heavy fuel oil, which is used as marine fuel and for electricity generation.
In August 2026, the average value of the Food and Agriculture Organisation (FAO) Food Price Index increased by 1.9 per cent compared with July. At the end of last month, the average values of the price indices for all commodity groups tracked by the FAO had risen to varying degrees. The global rise in sugar prices had the greatest impact on the FAO Food Price Index.
The Greek government has announced a major package of tax relief and income support measures worth over €2 billion a year. The pledges were made against a backdrop of mass protests against the high cost of living and falling purchasing power — a year ahead of the general election.
The National Register of Emissions and Pollutant Transfers will be modernised and brought into line with EU requirements. A draft decree to this effect has been drawn up by the Ministry of the Environment. The modernisation of the portal will cost approximately 400,000 lei.
Cyprus will be able to restrict Airbnb and other short-term rental services in specific areas if it can prove that they are exacerbating the housing shortage. The European Commission is preparing such a mechanism as part of a new law on affordable housing.
The Ministry of the Environment is preparing new environmental requirements for the non-ferrous metals industry. The draft order provides for the adoption of requirements based on European Union standards for Best Available Techniques (BAT). These will be taken into account when setting the conditions for granting environmental permits for industrial installations.
A paradox: Romania is one of the EU’s top three oil producers, yet it is experiencing the highest rise in fuel prices. Prices there are higher than in its neighbouring countries, including Moldova and Ukraine.
At the Galați-Rutie border crossing on the exit from Romania, there is heavy traffic and queues of lorries have formed.
Economic analyst Dumitru Barbalat compared household tariffs for natural gas and electricity in Moldova and European countries. For convenience, the expert converted them into Moldovan lei.
Exercises simulating combat operations took place in the US, involving serving members of Congress and former military personnel, diplomats and intelligence officers.
Russian President Vladimir Putin has ordered that no strikes be carried out on Kyiv for three days from midnight on 5 September. The decision is linked to preparations for the visit to the Ukrainian capital by US representatives Steve Whitcoff and Jared Kushner, said the Russian President’s press secretary, Dmitry Peskov.
The six largest countries, which make the largest net contributions to the EU budget, have demanded that the European Commission’s proposal for the Union’s budget for 2028–2034 be cut by several hundred billion euros. Against this backdrop, the debate is intensifying over how much Europe can spend and borrow to fund defence, competitiveness and other strategic priorities.
Following the 15th conference of the EU Security HUB (a joint operational platform between the Republic of Moldova and the EU), held on 3 September in Chișinău, Moldova and its European partners agreed to accelerate the exchange of information, expand cross-border investigations and strengthen controls on the emergence of new psychoactive substances. Particular attention will be paid to developing a national early warning system and modernising forensic laboratories.
According to the World Trade Organisation (WTO) classification, the Republic of Moldova is an agrarian country.
The leader of the British Conservatives, Kemi Badenok, has proposed reviewing benefits for people with disabilities and housing allowances in order to increase defence spending. According to her, the UK must prepare for a possible war with Russia.
US negotiators Steve Whitcoff and Jared Kushner will present a new peace plan during their visits to Moscow and Kyiv, US President Donald Trump has said.
The African proposal for a new world map, which reflects the true sizes of countries in relation to one another, received the support of the UN General Assembly.
