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Category: Global Economy
Romania may face not a technical recession, but a full-fledged economic crisis in case of a new decline in GDP. This was stated by the leader of the Social Democratic Party of Romania, Sorin Grindeanu, against the background of the deterioration of the country’s macroeconomic indicators.
The EU may start direct membership talks with Ukraine by the end of June. This was announced by European Commissioner for Enlargement Marta Kos today, 11 May. Commissioner Kos urged member states to officially open all negotiating clusters on Ukraine’s membership as soon as possible.
Bitcoin stabilized on Monday, squandering much of the weekend’s gains amid escalating tensions over Iran, which offset optimism over progress on the U.S. regulatory framework for cryptocurrencies.
Russia expects clarifications from Armenia in connection with the visit of Ukrainian President Volodymyr Zelensky to that country, Russian presidential spokesman Dmitry Peskov has said.
In recent days, there have been reports causing increased interest of fruit business operators in Europe. In the information space of Polish agribusiness there appeared not single opinions that due to spring frosts the apple harvest in this “apple power” can be halved. Fruit traders in Poland rarely hit the bull’s-eye in their initial forecasts. However, now the market situation is so alarming that any “signal shots” have consequences.
Romanian President Nicusor Dan made a video message on the occasion of Europe Day and Romania’s Independence Day, in which he spoke about what his country has achieved during almost 20 years in the EU (Romania officially joined the Community on January 1, 2007).
Germany will exhaust its notional annual share of the planet’s natural resources as early as May 10.
For Moldova, joining the European Union is the most important national project since independence. This was stated by President Maia Sandu at a joint press conference with Nicos Christodoulidis, President of Cyprus, who is on his first official visit to Chisinau.
The ruling Labor Party suffered heavy losses in the UK local elections, losing a significant portion of seats to the right-wing populist Reform UK. Voting took place this week in England, as well as in elections for the Scottish and Welsh parliaments.
Europe Day in Chisinau is celebrated with a diverse program of official, scientific and cultural events with the participation of the country’s leadership and international partners.
The European Union remains Moldova’s key financial partner, providing more than 72% of direct foreign investments, about 59% of external grants and more than 19% of the country’s external loans. This was stated by IDIS Viitorul expert Veaceslav Ionita.
Brazil and Vietnam lead the world ranking of coffee producers by a large margin from their competitors. And in different categories: Brazil is the champion in Arabica, Vietnam in Robusta. Ethiopia, the historical homeland of the product, is only a close second among the global top five coffee producers.
The UN Food and Agriculture Organization’s (FAO) April price index for sugar is down 4.7% from March’s value. Compared to April last year, the April 2026 global sugar price index is 21.2% lower.
US President Donald Trump has said he would like to see a “significant extension” of the ceasefire between Ukraine and Russia.
A Chinese company that produces festive fireworks for the U.S. market has reported an increase in interest in its products amid preparations for U.S. Independence Day celebrations and Donald Trump’s expected visit to China.
Russia’s federal budget deficit in January-April 2026 amounted to 5.877 trillion rubles (about 60.3 billion euros). This figure was twice as high as in the same period last year and was more than a third higher than the plan for the whole of 2026.
Moldovan President Maia Sandu will receive in Chisinau on May 9 Cypriot President Nicos Christodoulidis, who will pay an official visit to the country at the invitation of the head of state.
Strengthening institutional capacity to implement carbon tax mechanisms and green transition policies was discussed at a regional workshop in Vienna. Moldova was represented at the event by Caroline Gargaun, Deputy Director of the Customs Service.
Analysts of JPMorgan recorded a shift in investors’ priorities after the escalation of the conflict in the Middle East.
“Accession is not only a technical process, it is also a political commitment. As we move forward in this process, I want to assure you that Transnistria will not be an obstacle to Moldova’s European future,” European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas said in Chisinau at a joint press conference with President Maia Sandu.
