News about Macroeconomics
The Ministry of Finance has launched a public consultation on the draft tax policy for 2027. The draft will be open for public comment until June 19, 2026. The Ministry of Finance will take into account suggestions and comments from stakeholders as it finalizes the document.
As of June 1, Belarus’s gold and foreign exchange reserves (GFXR) had declined by $228.6 million to $15.038 billion. Experts from the Eurasian Development Bank cited the reasons for this decline.
Vasile Costiuc, a member of parliament and chair of the “Democrația Acasă” faction, announced an official inquiry sent to the government and the Ministry of Energy, demanding clarification regarding the management of oil and gas fields in southern Moldova, specifically in the villages of Veleni and Viktorovka.
British Defense Secretary John Healey has submitted his resignation to Prime Minister Keira Starmer, citing insufficient defense funding amid growing international threats as the reason for his decision.
The euro’s role in foreign policy needs to be strengthened. The European Central Bank (ECB) called for this a year ago, but little has changed since then. The results of the first year of the euro’s global promotion have been disappointing. The European currency has yet to break free from its transatlantic dependence.
Moldovan villages have a future, as their development is largely tied to agriculture, which is actively supported by the European Union. This was stated by PAS MP Marcel Spatari, chairman of the parliamentary committee on European integration.
Luxembourg, a country with a population of about 700,000, became the European leader in attracting foreign direct investment (FDI) in 2024, surpassing major economies such as France, Spain, and Italy, according to the “World Investment Report 2025” published by the United Nations Conference on Trade and Development (UNCTAD).
The European labor market appears unified only on paper. In practice, the workweek varies so widely across the continent’s countries that the difference between the extremes is nearly equivalent to a full workday.
Consumer inflation in the U.S. accelerated to 4.2% year-over-year in May—the highest level since April 2023.
The government is selling government securities at a record pace, capitalizing on increased demand for them as a high-yield investment vehicle that outperforms bank deposits. Monthly sales are rising thanks to short-term securities. In the first five months of 2026, GSBs worth 26 billion lei were sold, which is one-third higher than sales volumes for the same period last year.
In May 2026, average consumer prices in Moldova rose by 6.8% year-over-year and by 4.9% year-to-date. The annual inflation rate in April remained unchanged. In April, annual inflation reached a four-month high following a January low of 4.8%. The data is provided by the National Bureau of Statistics (NBS).
An online job fair for the diaspora will be held on Thursday, June 11. The event is intended for Moldovan citizens living abroad who are looking for employment opportunities in the Republic of Moldova.
Parliament Speaker Igor Grosu stated that the Republic of Moldova is on the verge of an “important announcement” from the EU, and expressed hope that the breaks between the negotiation clusters on accession would not be too long.
In the coming days, the European Commission will launch the first round of accession negotiations with Ukraine and Moldova. European Commission President Ursula von der Leyen announced this at a briefing on Tuesday, June 9.
It may seem surprising, but it’s a fact: the government agency responsible for the state’s finances makes errors in its accounting of fixed and current assets—and these errors are quite significant.
Paris is no longer among the five most expensive cities in Europe in terms of housing costs. According to data from the Global Property Guide, the French capital has been overtaken by four Swiss cities and Luxembourg. Zurich remains at the top of the ranking, with prices exceeding 18,000 euros per square meter.
The Romanian Competition Council fined 10 banks a total of 3.73 billion Romanian lei (14.32 billion Moldovan lei or EUR 710 million) for coordination in the ROBOR setting procedure.
The eurozone economy shrank by 0.2% in January-March 2026 compared to the previous quarter, according to revised Eurostat data. This is the first decline in eurozone GDP recorded since the fourth quarter of 2022.
Shares of major European air carriers fell on Monday after the International Air Transport Association (IATA) sharply downgraded the aviation industry’s profit forecast for 2026. The reason was rising jet fuel prices and the consequences of the conflict in the Middle East.
Military budgets of different countries are often compared in dollar terms, but an analysis of expenditures relative to GDP seems more appropriate because it shows which countries bear the greatest defense burden.
