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Category: Global Economy
The European Commission will provide Ukraine with about €6bn under the G7 credit line, which will be repaid, among other things, from the proceeds of Russian frozen assets, Logos Press reported citing kommersant.ru.
The European Union in partnership with the United Nations Development Program (UNDP) is launching a three-year, €3 million project to strengthen digital governance in agriculture and improve employment opportunities for vulnerable people in rural Moldova, Logos Press reports.
The European Commission promised Moldova even more money after the already promised 1.9 billion euros, if the country uses these funds efficiently, Logos Press reports.
The Academy of Sciences of Moldova (ASM) calls on the country’s leadership to make decisions based on scientific data, as the level of confidence of the population in the authorities depends on it,” Logos Press reports.
“The United States appreciates the steps taken by Greece, Bulgaria, Romania, Moldova, and Ukraine to strengthen their energy security. Thanks to President Trump’s commitment to energy dominance, the United States is ready and able to deliver affordable, reliable and secure American LNG to our allies in Europe,” U.S. Energy Secretary Chris Wright said in connection with the November 7 signing of an agreement between these countries’ natural gas transmission system operators on a vertical gas corridor and the facilitation of natural gas exports to Ukraine, as quoted by Logos Press.
Germany held a “steel summit” on Nov. 6 to discuss the problems of steelworkers, but the conversation was essentially a search for answers about the future of all energy-intensive industries and “Germany’s self-perception as an industrial nation,” according to Logos Press.
Inzhur is preparing documents to obtain a license from the National Securities and Stock Markets Commission (NSSMC) to open a new stock exchange, Logos Press reported.
Under the new rules, traffic fines must be paid immediately, at the scene of the offense, Logos Press reported.
One of the most destructive earthquakes in the history of Turkey on February 6, 2023 was called “the disaster of the century” by American publications. This earthquake is second only to a similar disaster in Cilicia in 1268 in terms of the number of deaths and the scale of destruction on the modern territory of the country. The direct financial losses of the Turkish economy alone are estimated at $104 billion.
Lukoil-Moldova has 10 days to sell its assets at Chisinau airport, Logos Press reports.
Roberta Metsola, President of the European Parliament, participated in a festive sitting of the Moldovan Parliament, where she announced the official opening of the European Parliament Office in Chisinau, Logos Press reports.
Gunvor Grup Ltd. has withdrawn its offer to buy Lukoil’s overseas business. An hour earlier, the US Treasury Department called Gunvor a “Kremlin puppet” and refused to grant it permission to do business until the end of the war in Ukraine, Logos Press reported.
Moldova has become an “impenetrable wall” and a “strong shield” on the EU’s digital frontier, according to Minister of Economy and Digital Development Eugen Osmochescu. After the wave of cyber attacks in 2025, state institutions have shown lightning-fast reaction and resistance to cyber aggressions, yet digital security reforms need to be implemented even faster – “at the speed of eighth transmission,” according to Logos Press.
Between 2021-25, prices of inputs (agrochemicals, seeds, fuel, etc.) rose by more than 41% on average in the U.S., Europe and many other parts of the world, while prices of basic agricultural products (wheat, corn, etc.) rose by only 25-35% on average, according to Logos Press.
Moldova, Montenegro, Albania and Ukraine have shown the most progress among the 10 EU candidate countries over the past year. The European Commission called Moldova’s goal of finalizing accession negotiations by 2028 “ambitious but achievable,” Logos Press reported.
Despite the huge budget deficit, the National Bank of Ukraine is confident that international aid to the country will be enough to keep the printing press running, Logos Press reported.
In December this year, the European Commission plans to submit proposals to create a single supervisory body for stock and cryptocurrency exchanges in order to eliminate fragmentation and improve the EU’s competitiveness in capital markets – according to Logos Press.
The accession of new countries to the euro bloc risks exacerbating the shortage of skilled professionals in the new member states, intensifying the process of “brain drain”, Logos Press reported, citing Euronews.
Moldova’s ongoing legal disputes with investors could jeopardize its hopes for EU accession. So says Surya Evans-Pritchard Jayanti, a senior fellow at the Atlantic Council’s (AC) Eurasia Center.
The representation of women and men in the management bodies of companies listed on the stock exchange will try to equalize with the introduction of European requirements in the national legislation, – reports Logos Press.
