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Category: Global Economy
Moldova is still underrepresented in the scholarship and grant programs of the International Visegrad Fund, said Linda Kapustova Gelbihova, the fund’s executive director, who visited Moldova for the first time this week.
The US presidential administration has tightened the rules for obtaining a green card, obliging most foreigners to apply for a residence permit from outside the country. This was reported by the United States Citizenship and Immigration Service (USCIS).
Over the next five years, the balance of power among the world’s largest economies may change significantly. India will make the most impressive leap to the top of the list.
The Council of the European Union has decided to suspend customs duties on imports of nitrogen fertilizers used in the bloc’s agriculture for a year. This measure is designed to reduce the costs of European farmers by about 60 million euros.
On Friday, investment bank JPMorgan warned that Turkey’s central bank is likely to raise its key interest rate to 40%. The increase could come before the next scheduled meeting in June, given the current market volatility caused by political factors.
Latvia’s Ministry of Economy has signed an agreement with food traders to reduce the VAT rate from 21% to 12% on basic food products in stores from July 1 this year. The list includes bread, fresh milk, chilled poultry meat and eggs.
DHL Group shares rose significantly on Friday, May 22, after Deutsche Bank sharply improved its assessment of the company from “hold” to “buy” and raised its target price from 48 euros to 56 euros. At the trades, the securities added 3.6%.
The European film industry has joined the fight against one of the biggest media deals of recent years. Industry representatives called on the European Union to scrutinize the possible merger of Warner Bros. Discovery and Paramount Skydance, fearing that the new media giant would increase Hollywood’s influence on the European market.
The European Commission said Thursday it has sharply lowered its forecast for Romania’s economic growth in 2026 to 0.1 percent from 1.1 percent projected last fall.
Online stores and national pavilions under the brand “Made in Moldova” may appear in China. The Chinese Minister of Agriculture Zhang Zhu proposed to open them directly on the largest Chinese trade platforms during a meeting with Moldovan Foreign Minister Mihai Popşoi.
A US official will visit the St. Petersburg International Economic Forum (SPIEF) for the first time in several years. Rodney Mims Cook, head of the US Federal Commission of Fine Arts, will come to St. Petersburg this year.
The Agency for Competition and Consumer Protection of Georgia announces its intention to create a unified information platform for monitoring the Family Basket program.
Germany’s economy grew by 0.3% in the first quarter of 2026 thanks to an increase in exports. According to official data, exports grew by 3.3% quarter-on-quarter, while investment fell by 1.5%.
The MEPs “deeply regret” Baku’s decision to end cooperation with the European Parliament and call on Azerbaijani colleagues to resume dialog, “even and especially when discussions have become uncomfortable.”
Moldovan President Maia Sandu has been honored with the GLOBSEC award. Together with her, the award was received by the President of the European Parliament Roberta Metsola. The GLOBSEC organizers justified the awarding of the prize to Maia Sandu by her “commitment to defend democracy under unprecedented pressure, as well as her role in ensuring a stable future and reforms in Moldova”.
Electrical equipment, plant products, furniture, fats and oils, as well as wines and beverages were the main categories of goods exported by Moldova to the European Union (EU) in 2025. The total value of Moldovan exports to the European market exceeded $2.55 billion.
The EU Intellectual Property Office and the European Commission in partnership with the intellectual property offices and authorities of Albania, Bosnia and Herzegovina, Kosovo, Montenegro, Northern Macedonia, Serbia and the Republic of Moldova launched the EU4IP – Western Balkans project.
Two Chinese supertankers (VLCCs) and one vessel from South Korea crossed the strait on Tuesday. Together, they carry about 6 million barrels of crude oil, the largest daily cargo volume in more than a month.
The UN General Assembly has approved a resolution that sets a course for accelerated reductions in the use of fossil fuels and strengthened global action to combat the climate crisis. The document builds on the advisory opinion of the UN International Court of Justice issued in July 2025 and strengthens its political weight at the level of states.
Slovak Prime Minister Robert Fitzo has said that the idea of granting Ukraine the status of an “associate member” of the European Union does not enjoy support inside the EU and does not yet have political conditions for implementation.
