Ukraine has asked Brussels to disburse funds ahead of schedule from a €90 billion loan, originally intended to finance the country until the end of 2027, but the EU authorities have ruled out this option.
Global public debt has approached 100 per cent of global GDP and continues to rise. The International Monetary Fund warns that the debt burden has reached levels not seen since the Second World War, whilst high interest rates are making debt servicing increasingly expensive.
EU accession could boost per capita GDP in the Western Balkans and Moldova by up to 35 per cent over the course of a decade. Moreover, this growth will be largely driven by a combination of domestic reforms aligned with EU standards, integration into the single market and funding from the European Union, according to the International Monetary Fund (IMF).
According to the International Monetary Fund (IMF), the global economy has weathered the energy shock caused by the war with Iran better than expected. The global market has shown remarkable resilience in the face of the closure of the Strait of Hormuz and high oil and gas prices. At the same time, the IMF expressed concern over the deteriorating fiscal situation in some countries.
Ukraine’s economic growth has slowed, and problems with the state budget will arise even if the government and international partners fully fulfill all their promises and plans regarding Ukraine’s financing.
Dumitru Taraburca, a regular contributor to Logos Press, has presented a new series of articles in which he reveals the “inner workings” of the Republic of Moldova’s banking system and its interconnection with the state of the country’s economy as a whole. One may debate, disagree with, or reject the author’s specific opinions and conclusions. However, they are of unquestionable interest to the expert community and anyone who wants to understand the realities of Moldova.
“Tit-for-tat” economic wars threaten global growth. The Financial Times reports on the views of outgoing IMF Chief Economist Pierre-Olivier Gourinchi regarding geopolitical fragmentation and the future of the global economy.
On Thursday, June 26, Kyiv is set to receive the first tranche of 3.2 billion euros from the 90 billion euro loan from the European Union that was previously agreed upon.
The International Monetary Fund (IMF) confirmed a decline in energy and commodity prices following the conclusion of the U.S.-Iran agreement to cease hostilities and resume shipping in the Strait of Hormuz. However, the IMF noted that it will take time for supplies to fully normalize and return to pre-conflict levels.
According to information from the Ministry of Finance, Moldova’s external public debt balance as of the end of April 2026 had increased by $151.7 million (+3.2%) since the beginning of the year, reaching approximately $5 billion. Of this amount, 93% consists of loans from the European Commission, to which Moldova’s debt has increased ninefold over the past five years.
