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Category: Global Economy
Moldova has officially joined the European initiative “AI Factorys” (AI Factorys) – a strategic program of the European Union dedicated to the development and use of advanced artificial intelligence (AI) infrastructures, – reports Logos Press.
Several EU countries, including Romania, France, the Netherlands and Portugal, have increased their energy imports from Russia in 2025, and in doing so are “fueling Russia’s military economy”, according to Logos Press.
EU Ambassador to Chisinau Iwona Perko notes that the war in Ukraine complicates, but at the same time accelerates the process of Moldova’s European integration, and citizens are already beginning to feel the first benefits of rapprochement with the European Union, Logos Press reports.
In Germany, the heating season has started with an alarming announcement by the state-owned energy company Uniper, which intends to close one of its largest gas storage facilities in Breitbrunn “for economic reasons”. – reports Logos Press.
Representatives of the EU steel sector propose to introduce quotas on steel imports, and products exceeding a certain threshold should be subject to a 50% levy, Logos Press reports.
Romania will gradually, starting October 12, 2025, introduce a new European Entry/Exit System (EES) that will automatically register the entry and exit of citizens from non-Schengen countries, Logos Press reported.
Public debt is one of the most important indicators of a country’s economic health. It represents the sum of all financial obligations of the government accumulated to creditors. It is usually expressed as a percentage of GDP, which allows comparing the debt burden of different countries, regardless of the size of their economies.
Moldova’s investment potential was presented to business circles from Romania and Belgium during the Iași Belgian Business Days event. This was reported by the Investment Agency, which participated in this event in Iasi on October 7-8, dedicated to strengthening economic relations between Romania, Belgium and Moldova.
Eastern European countries have proposed a more radical response to possible violations of NATO airspace and to unify the rules under which pilots can shoot down targets that find themselves in the airspace of the alliance’s countries, Logos Press reported citing the Financial Times.
From October 12, Moldovan citizens will undergo a mandatory automated check procedure at the border with the EU, Logos Press reports.
The European Union has adopted new rules allowing the suspension of visa-free regime for 61 countries, including Moldova, – reports Logos Press.
New industrial orders in Germany unexpectedly fell in August, showing a fourth consecutive monthly decline, prompting experts to warn of a prolonged downturn in the German economy, Logos Press reported.
Hungary’s Prime Minister Viktor Orban is categorically negative about the idea of the country joining the euro zone because of serious internal problems and the threat of a breakup of the European Union, Logos Press reports.
In 2024, 28.2 million postal items were delivered to Finland from outside the EU, and more than 50 million parcels are expected to arrive this year, Logos Press reported.
Romania has until January 1, 2026 to shut down coal-fired power plants in Oltenia, otherwise it risks paying a fine of at least 1 billion euros to the European Commission, Logos Press reported.
Central and Eastern European countries have developed almost twice as fast as the “old EU” since joining the EU, but what follows is a “decade of bad years”, according to Logos Press.
Romanian car brand Dacia, part of the Renault group, is preparing the market launch of its electric mini-car “Hipster Concept” costing less than 15,000 euros, and thus wants to challenge Chinese electric cars on the EU market – reports Logos Press.
The U.S. Senate has failed to pass either of two bills to fund federal spending, and since Wednesday there has been a so-called government shutdown, or shutdown of some government agencies, Logos Press reported.
Ukraine, like Moldova, has completed the bilateral screening stage and is ready for the next step in the European integration process, but it does not yet have the support of all EU member states. Moldovan Deputy Prime Minister for European Integration Cristina Gerasimov believes that it is the EU’s duty to break this deadlock, Logos Press reported.
By 2050, the area under coffee may decrease by 40-50%, the production of the most popular varieties of Arabica and Robusta in East Africa will decrease by 20 and 40% respectively, and rising temperatures will lead to the loss of the usual taste and aroma of the favorite beverage, – reports Logos Press.
