Romanian President Nicusor Dan on May 4 instructed his honorary adviser Eugen Tomac, a member of the European Parliament, to form a new government after Ilie Bolojan’s cabinet was dissolved by a vote of no confidence last month.

Moldova for the first time legislates the concept of “shelter” for the protection of cultural property moving from conflict and emergency zones.

Last year, the degree of utilization of funds from external sources amounted to 96.2%, decreasing compared to the previous year. Out of the total amount of 16.7 billion lei allocated from external sources, 78.2 per cent was used to support the state budget and only 21.8 per cent to implement development projects. This is stated in the Audit Chamber’s audit report on the government’s fulfillment of the state budget in 2025. This applies both to loans taken by the government and grants.

The Moldovan government approved by Decision No. 278 of May 27 on the application of provisions on preventing and combating violence and/or harassment in the workplace in public authorities. The document was published on May 29 in the Official Gazette and entered into force.

The government did not support the abolition of the minimum real estate tax rate proposed by the opposition. The conclusion to its draft was approved at a meeting of the Cabinet of Ministers.

The Moldovan government is raising the cost of domestic borrowing. The Ministry of Finance announced the launch of a new subscription round for government securities (GS) for the period from June 2 to June 14, 2026 through the eVMS.md platform. The fixed interest rates for all subscription terms for government securities (GS) for individuals from the May subscription round remain increased from 7.45% to 7.85%, making investments for citizens more attractive and profitable compared to bank deposits.

The Government approved the draft law on ratification of the Agreement on credit support and grant for the implementation of the Integrated Agricultural and Irrigation Development Program (iDRIP) project.

Romania’s Culture Minister Andras Istvan Demeter resigned on Monday, May 25, following the scandal caused by the publication of an audio recording in which he reportedly makes harsh remarks about “national interests.”

The government has given a negative opinion on a new legislative initiative to lower the retirement age for mothers with many children. The Cabinet of Ministers considered that since women on average live longer, the measure could lead to additional pressure on the budget.

The government has approved the transfer of the tourism sector to the Ministry of Economic Development and Digitalization. This measure has already been welcomed by the Patronage Association of the Tourism Industry of the Republic of Moldova, which considers it a step towards an “economic approach” in this field.

“Internationalization” of Moldovan business, its digitalization and non-repayable loans – updated support measures approved today by the government. By 2027, the executive branch plans to increase the number and contribution of small and medium-sized enterprises to GDP production, to attract more than 17,000 pairs of workers, including from foreigners, and to more actively support businesses “with a female face”.

The government has approved a draft law developed by the Energy Ministry on the security of petroleum product supplies, which envisages the creation of a national system of emergency stocks of gasoline, diesel fuel and liquefied petroleum gas. The draft will be submitted to parliament.

The Ministry of Finance is considering the possibility of diversifying the range of financial instruments for government borrowing and introducing the so-called “Green Bonds” in line with the emerging fashion trend. This was announced by Ion Gumene, State Secretary of the Ministry, at a seminar organized by the United Nations Development Programme (UNDP) within the framework of the Debt4SDGs initiative.

New rules for the elimination of tobacco products marked with excise stamps have come into force. They concern cases when the procedure is carried out abroad.

The information technology and telecommunications sector is becoming one of the main pillars of Moldova’s economy. Internet, mobile communications, online payments and digital systems directly contribute to economic growth. On World Telecommunication and Information Society Day, the authorities emphasized the role of this sector as an “engine” of economic development.

Latvia is in political turmoil after its defense minister and prime minister resigned.

The employer will be required to provide two emergency exits for employees’ living and resting areas, and to provide breathing apparatus and resuscitation equipment for areas where they may be exposed to an unhealthy atmosphere.

Latvian Prime Minister Evika Silinja, representing the New Unity party, submitted her resignation to the Saeima on May 14. Together with her, the entire government will resign.

At a meeting on May 13, the Moldovan cabinet approved the appointment of Ambassador Corina Călugăru to the post of state secretary at the Foreign Ministry. Prior to this appointment, she served as ambassador for special missions within the Foreign Ministry.

At its May 13 meeting, the cabinet approved a series of regulatory amendments aimed mainly at updating and aligning bylaws with the provisions of the Electricity Law.
