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Category: Global Economy
A publication has circulated on social networks claiming that Latvia has defied Brussels. Foreign Minister Baiba Braže said that the country would not accept new migrants and would not pay 20,000 euros each, as demanded by Brussels.
Ahead of the June 18 EU summit, a number of members led by France are pushing for a tougher line on Beijing, warning that Chinese overproduction and cheap exports are undermining the European economy.
Breweries are gearing up for a record surge in sales during the 2026 FIFA World Cup. It is predicted that fans could drink an additional 1 billion pints of beer.
Military budgets of different countries are often compared in dollar terms, but an analysis of expenditures relative to GDP seems more appropriate because it shows which countries bear the greatest defense burden.
Donald Trump is preparing for a new war – a second trade war with the entire world. He lost the first one, but he is not going to stop, despite all the signs that the stated goals of attacking allies and rivals have not been achieved, and the burden of costs has fallen entirely on the shoulders of Americans.
House prices in Germany will continue to rise until at least 2028, despite expensive mortgages and weak consumer demand. The main driver will remain the shortage of new housing against the backdrop of high construction costs.
Moldovan products are promoted by 60 Moldovan companies at the exhibition “Moldova Presents” in Romania. It takes place on June 5-7 in Vaslui for the second time.
In May 2026, the UN Food and Agriculture Organization (FAO) Food Price Index (FPI) averaged 130.8 points, 0.2 points (0.2%) below the revised April figure. This indicates that the global food price trend remains stable.
Markus Wichel, member of the Swedish Riksdag with fourteen years of parliamentary experience, member of the Riksdag Committee on Foreign Affairs, Vice-President of the Parliamentary Assembly of the Council of Europe and co-founder of the Sweden-Moldova Friendship Group, visited the BPM PC Strand (BPM-TRADE SRL) factory in Chisinau.
Russia is fully self-sufficient in basic types of food and exports it to 160 countries of the world. In 2025, Russia will export 84 million tons of food worth $41.5 billion.
Moldovan Ambassador to NATO Viorel Cibotaru says that the development of the country’s active presence in the European space is impossible without intensive cooperation with the North Atlantic Alliance.
Albania’s Prime Minister Edi Rama said that joining the European Union is the “only way” for the country and that Tirana has “no plan B and no alternative” to European integration.
The real decentralization of local authorities should imply a real transfer of financial resources to local public administration bodies. This is the opinion of the Deputy Speaker of the Parliament Vlad Batrynca.
The eurozone economy showed a downturn at the beginning of the year, caused by a significant decline in Ireland’s performance, which necessitated a revision of earlier forecasts. According to Eurostat data presented on Friday, the region’s gross domestic product contracted by 0.2% in the first quarter, while previously it was expected to increase by 0.1%.
“The opinion that European funds are the only way of development is erroneous,” said Iasi municipality mayor Mihai Chirica, noting that an “outstretched hand” mentality blocks one’s own economic development. He urged the local authorities of Moldova and Ukraine to prioritize the development of internal “engines” of the economy.
Yesterday, the World Bank Board of Directors approved a Growth and Sustainability Policy Loan (DPL) to Moldova. The credit line is intended to strengthen competitiveness, job creation, market efficiency and transparency, and economic integration with the European Union (EU).
France and Germany have proposed a new plan aimed at bringing the Western Balkan states and the Republic of Moldova closer to the European Union in an attempt to give a “new dynamic” to the enlargement process of the European Community bloc.
Moldova, which will spend $110 million on defense in 2025, is ranked 133rd in the world on this indicator.
Shares of German sportswear maker Puma rose sharply on Thursday, June 4 after analysts at banking group Citi saw China as a new growth driver.
The European Bank for Reconstruction and Development (EBRD) predicts a recession in Romania’s economy in 2026.
