News about Macroeconomics
Romanian President Nicușor Dan has nominated a new candidate for prime minister after Eugen Tomac withdrew his candidacy on Sunday.
Democratic political strategist James Carville is best known for coining the slogan of Bill Clinton’s successful 1992 presidential campaign: “It’s the economy, stupid.” This holds true for this November’s midterm elections as well, and President Donald Trump’s Republican Party appears to be headed for a crushing defeat.
The wealth gap among European retirees has reached record levels: in Luxembourg, the median wealth of households aged 65–74 exceeds €1.2 million, while in Latvia it is just €36,300. Thus, elderly residents of the richest country in the ranking hold more than 34 times as many assets as their peers in the country at the bottom of the list.
Armenia is seeking to obtain special economic status in the EU, following the example of Moldova and Ukraine. This was announced by Armenian Economy Minister Gevorg Papoyan in the country’s Parliament on June 12.
Today, June 14, Switzerland is holding a referendum on limiting the country’s population to 10 million by 2050. According to preliminary forecasts, the proposal put forward by the right-wing Swiss People’s Party (SVP) is unlikely to receive the support of a majority of voters.
Galina Șelari, Ph.D. in Economics, appeared on the program “Expertise” that, when assessing the state of Moldova’s economy, it is necessary to look not only at the numbers but also at the presence of key factors that depend solely on the population and domestic resources—and in this sense, the Moldovan economy does not inspire confidence in the future.
The Ebola outbreak in the Congo could serve as a “dress rehearsal for future pandemics” due to declining international health funding.
China’s export machine continues to impress with its strength. The country ended last year with the largest merchandise trade surplus in world history ($1.2 trillion), underscoring the continued competitiveness of its manufacturing sector. But the money earned is no longer going to the same places as before.
The Bureau for Diaspora Relations will develop a new action plan for 2026–2028 to implement the National Mechanism for Facilitating Return.
Analysts at Galaxy Research have concluded that the current market cycle for the leading cryptocurrency has not yet bottomed out. According to the report, the asset’s price could fall to the $40,000–$46,000 range.
Tehran has blocked access to the tunnels, making it more difficult to remove nuclear material and complicate negotiations with the United States.
The European Union has unanimously adopted a common negotiating position for the opening of the first round of negotiations with Ukraine and the Republic of Moldova.
The housing market in Moldova is losing momentum. Following the construction boom of 2021, the number of new properties being completed has dropped by a factor of four, falling to its lowest level in decades. This was stated by Vyacheslav Ionita, an economic policy expert at IDIS Viitorul.
The government is strengthening the mechanism for selecting and monitoring major projects involving public investment.
Governments around the world are borrowing more money now than they did during the COVID-19 pandemic
The Kazakhstani authorities have invited American companies to participate in the development of rare-earth metal deposits in the country.
Zurich has become the most expensive city in Europe in terms of housing costs, with the average price of apartments reaching €18,229 per square meter. This price is more than double that of Paris.
At its meeting on June 11, 2026, the European Central Bank (ECB) raised its three key interest rates by 25 basis points. This decision marked the first rate hike since September 2023 and was a response to inflationary pressures caused by the geopolitical crisis and the war in the Middle East. The ECB downgraded its forecast, expecting average inflation in 2026 to reach 3.0%. The baseline forecast for eurozone GDP growth in 2026 has been lowered to 0.8%.
The World Bank has lowered its global economic growth forecast for 2026 to 2.5%. This figure is the lowest since 2020, reflecting a general slowdown in economic activity. The revision is largely due to the risks and consequences of conflicts in the Middle East. The projected growth rates are significantly lower than pre-pandemic levels. In adverse scenarios, experts warn of the risk of growth slowing to as low as 1.3%.
The results of the “Moldova–European Union” investment conference, at which the attraction of over one billion euros in investments was announced, have sparked a mixed reaction among the public. Some skeptics questioned the significance of the signed agreements, calling them “mere intentions,” but Alexandru Munteanu gave a decisive response to the critics: “Investments don’t just fall from the sky!”
