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Category: Top News
Lessons from Romania on how to overcome the situation in which the neighboring country found itself due to a high budget deficit was one of the key topics of the VI International Conference on Taxation TAXCON 25. Particular attention was drawn to the urgent tax measures taken by Romania to address the problem, among which the most painful for the population was the increase in VAT rates by 2%.
The parliamentary elections in Moldova on September 28, 2025 promise to be one of the most unpredictable in recent years. No party has yet guaranteed a majority, and the outcome of the vote may depend not only on the internal political struggle, but also on the external context. On the sidelines, there is already talk of possible early elections and coalition intrigues that could change the balance of power in the country.
As of August 1 this year in Romania, the basic VAT rate has been increased from 19% to 21%, while the reduced rate, which applies to certain goods and services, is set at 11%. For real estate transactions, the 21% VAT rate will apply to all house sale contracts concluded after August 1, 2025. There are other major changes that tighten the fiscal policy of the neighbors.
The Bashkan of Gagauzia, Eugenia Gutsul, was sentenced on August 5 by the judge of the Buiucani sector of the Chisinau court, Anna Cucerescu, to 7 years of imprisonment and confiscation of property worth about 41 million lei.
The Constitution of the Republic of Moldova was adopted on July 29, 1994. In most countries of the world Constitution Day is one of the most important state holidays. Because it is the main symbol of the sovereignty and legal character of the state, where all rights and freedoms of citizens are protected by the Fundamental Law of the country.
The Ministry of Finance is considering the possibility of introducing taxes on all parcels from foreign marketplaces, including those worth up to 150 euros. This was announced by Corina Alexa, head of the Main Department of Tax and Customs Policy of the Ministry of Finance, during a meeting of the Economic Press Club dedicated to problems related to E-commerce.
The history of the construction and functioning of the Giurgiulesti International Free Port (GIFP) has been full of scandals and litigation from the very beginning. The authorities in Moldova change, the owners and “ultimate beneficiaries” succeed each other, and the fate of the port, which was once called almost the “golden gate” of Moldova, remains vague and unenviable.
Dumitru Alaiba, former Minister of Economy and Digitalization, ex-chairman of the Parliamentary Commission for Economy, Budget and Finance, has been appointed a member of the Supervisory Board of the National Bank of Moldova (NBM) for a 7-year term.
On Thursday, July 3, the Buiucani sector court held court hearings on the case of the Bashkan of Gagauzia, Eugenia Gutsul. The head of the autonomy in the south of Moldova is accused of illegally financing a party and an electoral competitor in the elections. The secretary of the former political party “Shor”, Svetlana Popan, is also accused of “bundling” with her.
European Commission chief Ursula von der Leyen is facing a vote of no confidence over Pfizergate, the scandal surrounding the EU’s purchases of coronavirus vaccines during the pandemic.
The Audit Chamber found discrepancies in the asset management and accounting records of the Ministry of Finance.
From June 20, interested political parties can start submitting applications to the Central Election Commission to register electoral blocs for the parliamentary elections on September 28, 2025.
