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What is your forecast for the business development in Moldova in 2012:

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  • INDUSTRIAL PRODUCTION DECREASED 3,4%. IN JANUARY-MARCH, 2011 IN MOLDOVA AS COMPARED WITH THE LIKE PERIOD OF 2010

    2012-05-17

    According to the National Bureau of Statistics, the volume of industrial production declined 4,5% in March, 2012 as compared with March, 2011 The decline in industrial production was explained by 9,1% lower production in the mining industry, by 3,1% lower production in the processing industry and the 3,8% less production in the energy sector.

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  • THE SALES TURNOVER OF RETAIL ENTERPRISES GREW 19,6% IN MARCH, 2012 AS COMPARED WITH FEBRUARY

    2012-05-17

    According to the National Bureau of Statistics, this is 1,2% up as compared with the same period of 2011. In Q1, 2012 the sales turnover of enterprise with retail sales as their primary business line grew 4,4% in comparable prices against numbers of Q1, 2011. The sales turnover of enterprises rendering market services to population increased 18,9% as compared with the previous month and 3,4% as compared with March, 2011. In Q, 1, 2012 their turnover increased 3,7% in comparable prices as compared with Q1, 2011.

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  • THE EUROPEAN COMMISSION HIGHLY APPRECIATES PROGRESS AND PROSPECTS OF MOLDOVA ON ITS WAY TO THE INTEGRATION INTO EUROPE, -HEAD OF EC DELEGATION IN RM DIRK SCHUEBEL

    2012-05-17

    As presenting an annual EC report on implementation of the European Neighboring Policy, realized since 2011, at a press-conference on Tuesday, he said that within the last year Moldova achieved significant progress in lots areas and stands a chance to be given a “chunk of the pie” from the budget assigned by EC for realization of ENP.

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  • THE AVERAGE WAGE IN THE ECONOMY OF MOLDOVA MADE UP 3273,5 LEIS IN MARCH, 2012, 9,7% UP AS COMPARED WITH MARCH, 2011

    2012-05-15

    Adjusted to inflation, it grew 4,1% in real terms. The average wage was2957,5 leis if the budget sector and 3423,6 leis in the real sector, growing 11,9% and 8,8% respectively. According to the National Bureau of Statistics, the highest average salary was paid to workers of the banking sector and made 7214,8 leis(+15,6% against March, 2011).

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  • THE NEGATIVE TRADE BALANCE OF MOLDOVA WITH EU STATES MADE UP $215,7 MLN. IN JANUARY-MARCH, 2012, 4,4% UP AS COMPARED WITH THE SAME PERIOD IN 2011

    2012-05-15

    According to the National Bureau of Statistics, in January-March, 2012 Moldova exported to EU states 505 of its total export at a sum of $252,6 mln, 5,8% up as compared with the same period of 2011. The import in Moldova from EU states grew 5,1% to $468,3 mln., making 38,9% of the total Moldova’s import. In January-March, 2012 the greatest volume of Moldova’s export fell to Romania and was $81,9 mln.

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  • INFLATION RATE WAS 0,2% IN APRIL, 2012, BEING 1,2%

    2012-05-11

    According to the National Bureau of Statistics, within the last 12 months, from April, 2011 till April, 2012, the Consumer Price Index increased 4,7%. Inflation made up 1% in April, 2012, reaching 4,3%, within the first four months of the year and 6,5% within April, 2011- April, 2012. Prices for foods went 0,1% down, prices for nonfoods went 0,4% up; tariffs for services increased 0,1%. In April, 2012 prices increased most of all to fresh tomato and garlic, 4,2% each; they grew 1,5% for fresh fruit, 1,3% for meat and meat products.

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  • IN Q1, 2012 THE TRADE BALANCE DEFICIT MADE UP $699 MLN., $74,4 MLN. (11,9%) UP AS COMPARED WITH THE SAME PERIOD OF THE PAST YEAR

    2012-05-11

    According to the National Bureau of Statistics, import 42% covered export against 43,1% recorded in Q1, 2011. The volume of Moldovan export equaled to $505,2 mln., 6,7% up as compared with the indicator of the same period of 2011. Moldovan import increased 9,7% to $1 bln. 204,2 mln. In Q1, 2012 re-export amounted to $217,2 mln., making 43% of the total volume of export. As compared with the same period of 2011, it increased 10,8% and contributed 4,5% to the total growth of export in Moldova.

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  • PROFIT OF THE NATIONAL BANK OF MOLDOVA MADE UP 70 MLN. 920 THOU. LEIS ($6 MLN.) IN 2011, 22,5% UP AS COMPARED WITH 2010

    2012-05-10

    According to the published balance sheet of NBM, as of December, 31, its balance-sheet total was 27 bln. 927,36 mln. leis, 5,7% up as compared with the indicator of the last year. Cash in circulation increased 8,2% to 12 bln. 016,67 mln. leis. Governmental means (cash in disposal) made up 1 bln. 963,6 mln. leis as of December, 31, 2011, 40,8% down as compared with the indicator of the past year.

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  • IN MARCH, 2012 THE AVERAGE INTEREST RATE ON LOANS EXTENDED IN MDL INCREASED 0,15 P.P. TO 14,05% P.A.

    2012-05-07

    This was resulted from the increase in the average interest rate of loans to legal entities by 0,18 p.p. to 13,6%, and the increase in the average interest rate of loans to individuals by 0,08 p.p. to 16,28%.

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  • IN 2013 20% VAT RATE IS PLANNED TO BE RETURNED FOR PRIMARY AGRICULTURAL PRODUCTS. IT WILL REPLACE THE 8% VAT RATE This is stipulated by the fiscal policy for 2013

    2012-05-05

    This is stipulated by the fiscal policy for 2013 drawn by the Ministry of Finance and presented for agitation. The increase of VAT from 8% to 20% is planned to be compensated by direct state subsidies.

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  • EXCISES ON OIL PRODUCTS ARE PLANNED TO BE INCREASED BY 5%

    2012-05-04

    This is stipulated by the draft fiscal policy for 2013 the Ministry of Finance drawn up and presented for public hearings. According to Minister of Finance Veaceslav Negruta, the excises are going to be increased to adjust them to inflation predicted for 2013.

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  • THE ANNUAL INFLATION RATE WILL MAKE 4,9% IN 2012 AND 4,4% IN 2013, NBM PREDICTS

    2012-05-04

    As Dorin Dragutanu, NBM President informed during presentation of the second Inflation Report, NBM preserves its inflation project for 2012 but lowers it for 2013 from 4,8% to 4,4%. According to him, during the period projected the annual inflation rate will not exceed the corridor of 5% ±1,5 p.p. established by NBM. As drawing the Inflation Report NBM specialists took into account higher prices for oil products and lower prices for gas and foods in global markets.

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  • EXTERNAL STATE DEBT OF MOLDOVA INCREASED $4,54 MLN. (0,4%) IN Q 1, 2012, BEING $1 BLN. 147,01 MLN. AS OF MARCH, 31

    2012-05-03

    The increase was determined by changes of the USD exchange rate against other currencies at a sum of $9,01 mln., the Ministry of Finance informs. Payments of Moldova on the principal debt were $14,59 mln., $4,46 mln. exceeding the sum of external loans which made up $10,13 mln. in this period. As of January 1, 2012 the external state debt of Moldova made up about около $1 bln. 142,47 mln.

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  • RUSSIA TO LIBERALIZED SHORTLY DELIVERIES OF MOLDOVAN WINES AND ALLOW THEIR IMPORT THROUGH ALL CUSTOMS CHECKPOINTS

    2012-05-03

    This was stated by Premier Vladimir Filat on Wednesday at a working sitting attended by wine-makers and wine-growers of Moldova. The head of the government has stressed that according to arrangements with RF representatives, Moldovan wine-making companies will be able to deliver their products to Russia not only through two terminals in Moscow and St.-Petersburg, but using any customs checkpoints. The regime of deliveries will be liberalized for bottled and bulk wines.

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  • THE WORLD BANK BOARD OF EXECUTIVE DIRECTORS APPROVED A US$ 18 MILLION CREDIT FOR THE MOLDOVA AGRICULTURAL COMPETITIVENESS PROJECT

    2012-05-02

    To implement this project our country will also be given a US$ 4.4 million Global Environment Facility (GEF) grant. In particular, the credit will be allotted to Moldova by the International development Association, a member of WB. The money will be extended for 25 years with 5-year long grace period and 0,75% p.a. for service. The interest rate will make 1,25%.

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  • THE AGREEMENT ON THE DEEP, COMPREHENSIVE AND FREE TRADE AREA WITH EU IS PLANNED TO BE SIGNED BY THE END OF 2013

    2012-04-26

    This was stated by the head of the government of Moldova at a press-conference covering trade and economic relations between Moldova and EU held on Wednesday and organized by the EU mission in Moldova and the Moldovan Association of European Business. Authorities of Moldova managed to cover 23 of 25 sections concerning the signing of the agreement.

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  • LOANS EXTENDED IN FOREX AND EXPRESSED IN MDL DECREASED 15% IN MARCH, 2012, AND MADE UP 853,27 MLN. LEIS

    2012-04-24

    According to the National Bank of Moldova, an amount of loans extended uin forex in March, 2012 to individuals declined 18,5% from 19,98 mln. to 16,28 mln. leis, whereas loans extended to legal entities decreased 14,8 from 982,4 mln to 837 mln. leis. The average interest rate on loans in forex was 9,36% p.a.. 0,5 p.p. down as compared with the previous month.

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  • Trade changes between Moldova, Turkey to exceed half a billion dollars in 2012

    2012-04-20

    Bilateral trade between Moldova and Turkey reached a new record high in 2011, topping 440 million dollars. The figure is expected to exceed half a billion dollars in 2012, if the trends from the past two years maintain, according to participants in a Moldovan-Turkish economic forum held in Chisinau today.

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  • IN JANUARY-MARCH, 2012 THE AGRICULTURAL PRODUCTION GREW 0,6% AS COMPARED WITH THE SAME PERIOD IN 2011

    2012-04-20

    According to the National Bureau of Statistics, the growth was determined by the 0,6% higher production of livestock which made over 99% of the total volume of agricultural products in this period.

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  • FOREIGN TRADE OF MOLDOVA WITH CHINA MADE UP $403,7 MLN. IN 2011, 25,2% UP AS COMPARED WITH 2010

    2012-04-19

    This was stated by President of Chamber of Commerce and Industry of Moldova Gheorghe Cucu at a meeting with a Chinese delegation from Inner Mongolia headed by its Vice-Governor madam Bu Xiao Lin where an opportunity of expanding economic cooperation between Moldova and China was discussed. Indicators of bilateral trade of the two states are rather modest, Gheorghe Cucu has noted. China is the 7th among major trade partners of Moldova with its share in the total volume of Moldova’s trade being 5,45%.

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  • IMF STILL PROJECTS 3,5% GDP GROWTH IN MOLDOVA

    2012-04-19

    This has been said in the World Economic Outlook published by the International Monetary Fund recently, a special correspondent of InfoMarket reports from Washington. According to the report, IMF experts project 4,5% GDP growth in 2013 in Moldova. They also expect further inflation slowdown which will make 5,5% in 2012 and 5% in 2013 in Moldova. AS it was said earlier, GDP increased 6,4% in 2011 in Moldova.

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  • MOLDOVA AND RUSSIA HAVE AGREED TO EXPAND BILATERAL TRADE AND IMPLEMENT HUGE JOINT INVESTMENT PROJECTS

    2012-04-18

    The agreement was achieved by co-chairmen of Moldovan-Russian intergovernmental commission on economic cooperation Vice-Premier, Minister of Economy of Moldova Valeriu Lazar and Vice-Premier of RF Dmitry Rogozin. During their first meeting they discussed key problems of cooperation between the two states and agreed to hold the next sitting of the Commission in the second half of 2012. They also discussed interaction in the energy and gas sector and outlooks of joint projects.

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  • THE AVERAGE SALARY ADJUSTED TO INFLATION MADE UP 3166 LEIS ($268,1) IN FEBRUARY, 2012 IN THE ECONOMIC SECTOR OF MOLDOVA, WHICH IS 9,8% UP AS COMPARED WITH FEBRUARY, 2011

    2012-04-13

    According to the National Bureau of Statistics, its real size increased 3,4% adjusted to inflation. In the budget sector the average salary was 3028,5 leis, 16,6% up as compared with February, 2-11. In the real sector it grew 7% to 3234,6 leis. The highest average salary was paid to workers of the banking sector and made 5947 leis(+6,3% against February, 2011).

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  • MOLDOVA WILL PROVIDE TO WORLD BANK WITH FREE ACCESS TO FINANCIAL DATA TO IMPORBE TRANSPARENCY OF THE STATE EXPENDITURE

    2012-04-13

    This is stipulated by the Memorandum on Promotion of Free Access to Financial Data, which is planned to be signed by Moldova, the International Bank for Reconstruction and Development and the International Development Association, members of the World bank.

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  • THE EUROPEAN COMMISSION ALLOTTED MOLDOVA 1,5 MLN. EUROS FOR LAUNCHING BUSINESS-INCUBATORS re - the head of the WTO

    2012-04-13

    This was announced by Head of the EU Delegation in Moldova Dirk Schuebel at the ceremony of opening the business-incubator in Stefan Voda. He supported the idea for Moldova, like Europe, to have lots of incubators and small and medium-sized enterprises. Dirk Schuebel expressed hope that opening of 5 incubators would help to establish 75 new enterprises and create at least 350 new working places, including more than 100 ones for women.

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  • INFLATION RATE WAS 0,2% IN MARCH, 2012, BEING 1% SINCE THE BEGINNING OF THE YEAR IN MOLDOVA

    2012-04-11

    According to the National Bureau of Statistics, within the last 12 months, from March, 2011 till March, 2012, the Consumer Price Index increased 5,4%. Inflation made up 0,8% in March, 2012, reaching 3,3% within the first three months of the year and 5,8% within March, 2011-March, 2012. Prices for foods went 0,1% down, prices for nonfoods went 0,6% up; tariffs for services increased 0,1%.

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  • MONETARY RESERVES OF THE NATIONAL BANK OF MOLDOVA GREW $108,28 MLN. (5,5%) IN Q 1, 2012

    2012-04-10

    As NBM informs, as of March, 30, they were $2 bln. 073,6 mln., being $1 bln. 965,32 mln. as of the end of December. The growth was determined by the receipt of the scheduled disbursement at $77,64 mln.

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  • MOLDOVA IMPORTED 193 THOU. T. OF PETROL ION 2011, 3,8% UP AS COMPARED WITH 2010

    2012-04-10

    Import of diesel grew 14,4% to 353,6 thou. t., import of liquefied gas increased 16,9% to 78,1 thou. t., the National Energy regulator Agency informs. The biggest amount of petrol (67,3% of the total volume) and diesel (44,5%) was imported from Romania, with the biggest amount of liquefied gas (61%) being imported from Russia.

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  • MOLDOVA AND UKRAINE SIGNED THE NEW CONTRACT ON THE SUPPLY OF ELECTRICITY AT A PRICE OF 6,9 CENTS FOR 1 KWH

    2012-04-09

    Thus, the price of the electricity generated in Ukraine and sold to Moldova at 6,1 cents for 1 kWh, 1 has grown 13,2% since April. As the Ministry of Economy of Moldova informs, the contract, signed between Energocom, a Moldovan company, and DTEK Power Trade, a Ukrainian one, is valid till the end of 2012.

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  • IN JANUARY-FEBRUARY, 2012, AS COMPARED WITH THE SAME PERIOD OF 2011, REVENUES OF THE NATIONAL PUBLIC BUDGET OF MOLDOVA GREW 5,3% (198,8 MLN. LEIS TO 3942,1 MLN. LEIS

    2012-04-09

    Within first two months receipts made 99,4% of the target. Fiscal incomes made 3390,9 mln. leis of the total sum of revenues of the national public budget, with non-fiscal ones being 170,4 mln. leis. The target of collections was met 100,1% and 136,3% respectively.

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  • A NUMBER OF MILLIONAIRES REACHED 180 PEOPLE IN MOLDOVA,25 PEOPLE UP AS COMPARED WITH 2010

    2012-04-09

    This was announced by head of the State Fiscal Service Nicolae Platon on Friday at a press conference where results of filing income statements for 2011 were presented. According to him, the total income of millionaires made up 358,38 mln. leis, with the total income tax they paid being 45,13 mln. leis. Since the information for 2011 has not been processed completely, a number of millionaires is expected to reach 184 people.

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  • EBRD IS CONSIDERING ALLOTTING MOLDOVA TWO NEW LOANS AT A TOTAL AMOUNT OF 57 MLN. EUROS TO IMPROVE ENERGY EFFICIENCY

    2012-04-06

    The decision to allot Moldova two new loans of 35 mln. and 22 mln. euros each is to be made at a sitting of the Council of Directors of EBRD on May, 9. In particular, 22 mln. euros will be provided to expand the Moldovan Sustainable Energy Financing Facility, EBRD has launched in our country to extend credits to private enterprises undertaking sustainable energy investments. Expanding the Moldovan Sustainable Energy Finance Facility will allow meeting the growing demand of Moldovan companies for funds provided by credit lines to local banks selected by EBRD.

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  • PREMIUMS COLLECTED BY INSURERS OF MOLDOVA IN 2011 EXCEED 1 BLN. 006 MLN. LEIS WHICH IS ALMOST 10% MORE AS COMPARED WITH 2010

    2012-03-29

    According to the National Commission on Financial Market, the biggest volume of the insurance premiums fell to the general insurance and made 93,4% (940,8 mln. leis), with 6,5% (65,5 mln. leis) falling to the life insurance. In the structure of premiums collected within the general insurance the motor vehicle liability insurance is dominant and makes up 47,3% (445,26 mln. leis). It includes 229,7 mln. leis of the Motor Third-Party Liability and 190,9 mln. leis of the Green Card insurance.

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  • FINANCIAL ASSISTANCE EU IS GOING TO RENDER MOLDOVA IN 2012 WILL REACH 100 MLN. EUROS

    2012-03-28

    EU allots to Moldova the greatest amount of money per head within the European Neighborhood Policy, Dirk Schuebel, head of the EU delegation in Moldova, briefed journalists Tuesday. EU is going to back Moldova in future to build confidence between Moldova and Transdniestira by allotting 12 mln. euros in 2012 and 28 mln. euros in 2013.

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  • ELECTRIC POWER PRICES MAY INCREASE 20% APPROXIMATELY STARTING FROM APRIL, 1, 2012

    2012-03-22

    The intention to increase the selling price for Moldova was expressed by both electric power suppliers of Moldova. The hydro power plant, located in the region of Transdniestria and owned by INTER RAO UES, offers Moldova electricity at a price of 7,3 cents/ 1 kWh .

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  • IN JANUARY-FEBRUARY, 2012 THE VOLUME OF CARGO TRANSPIRATION MADE UP 823,6 THOU. T. IN MOLDOVA, THAT IS 27,7% LESS THAN IN THE SAME PERIOD IN 2011

    2012-03-22

    According to the National Bureau of Statistics, by motor vehicles it was transported 397,4 thou. t. of cargo, 9% down as compared with the same period in 2011. The biggest portion in the total volume of cargo transportation fell to carriers of Chisinau and Balti, being 64,9% and 9,6% respectively.

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  • World face a difficult period of crisis in sotssfere - the head of the WTO

    2012-03-22

    The General Director of the World Trade Organization (WTO) Pascal Lamy considers that the worst effects of the economic crisis in the social and political sphere it will be ahead, RIA Novosti reported with reference to the Agence France Presse.

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  • ECONOMIC AGENTS OF MOLDOVA TO PAY AN INCOME TAX EVERY QUARTER BASING ON THE INCOME RECEIVED IN A PREVIOUS YEAR

    2012-03-21

    The ministry of finance approved the initiative put forward by members of the Parliament which stipulate that a sum of the income tax on economic agents has to be calculated on the basis of the income received by them in a previous year, Veaceslav Negruta has said.

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  • THE ASSOCIATION OF THE EUROPEAN BUSINESS AND CONFINDUSTRIA MOLDOVA CONCLUDE THE COOPERATION AGREEMENT

    2012-03-20

    The document was signed by Stefano Bernabeo, President of Confindustria Moldova and Silvia Radu, President of AEB. The agreement is designed to intensify business relations between Moldova and Italy, expand business cooperation between companies presented in both organizations.

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  • GDP OF MOLDOVA GREW 6,4% IN 2011 AND 13,5% WITHIN THE LAST TWO YEARS

    2012-03-19

    This was stated by the premier at the Thursday’s press conference as he was revising results of the activity of the government for 2011. GDP declined 5,9% in 2009 and increased 7,1% and 6,4% in 2010 and 2011 respectively, he reminded. According to him in 2011 Moldova saw the growth of the economic activity too: export and import grew 44,1% and 34,7% respectively. In 2010 export increased 22,9%, and import grew 17,6%.

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  • INDUSTRIAL PRODUCTION REDUCED 4,2% IN JANUARY, 2012 AS COAPRED WITH JANUARY, 2011

    2012-03-19

    As the National Bureau of Statistics informs, the decline is explained by 2,5% less volume of production in the processing industry, and 8,9% less volume of production in the energy sector. At the same time, the mining industry demonstrated 41,7% growth this period. Foods and beverages production reduced by 3,9%.

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  • IN FEBRUARY, 2012 INDUSTRIAL PRICES GREW 0,7% IN MOLDOVA AS COMPARED WITH JANUARY, 2012

    2012-03-19

    According to the National Bureau of Statistics, average industrial prices increased 1,7% as compared with December, 2011 and 6,6% as compared with February, 2011. In the mining industry they increased by 1,4% as compared with January, 2012, 2,3% as compared with December, 2011 and 1,1% as compared with February, 2011.

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  • THE PROJECT “CONFIDENCE-BUILDING MEASURES IN MOLDOVA” HAS BEEN LAUNCHED IN OUR COUNTRY. ITS BUDGET IS VALUED AT 13,1 MLN. EUROS FRO 2012-2015

    2012-03-14

    As Dirk Schuebel, head of the EU delegation in Moldova, has stated this Tuesday, 12 mln. euros were allotted by the European Union, whereas another 1,1 mln. euros were assigned by UNDP. The project is aimed at pushing forward cooperation between two banks of the Dneister. It embraces such areas as business, transportation, customs, environment, social infrastructure, civil society, education.

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  • AFTER A LONG BREAK, STARTING FROM MARCH, 14 THE NATIONAL BANK OF MOLDOVA RECOMMENCES PROVIDING THE MONETARY MARKET WITH LIQUIDITY

    2012-03-14

    Open market operations will be intensified, NBM informs. Besides certificates placement operations, liquidity will be injected into the banking system. According to NBM, liquidity of the banking system of Moldova is sufficient now, with the excessive liquidity being about 4 bln. leis.

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  • THE MINISTRY OF ECONOMY WILL ADOPT EXPERIENCE OF AUSTRIA IN PROTECTION OF RIGHTS FINANCIAL SERVICES CONSUMERS

    2012-03-13

    Matters of harmonization of the national law with the European one were discussed during the bilateral workshop “Policies to protect rights of consumers in Austria and Moldova in the field of financial services”, held on Monday in Chisinau. As Octavian Calmic, deputy minister of economy, has said, the harmonization of the laws is provided by the negotiations between Moldova and EU on the Association agreement.

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  • MOLDOVAGAZ AND GAZPROM ARE LIKELY TO PROLONG THE TERM OF THE GAS SUPPLY AND GAS TRANSIT CONTRACTS FOR ANOTHER 3 MONTHS

    2012-03-12

    This has been stated by vice-premier, minister of economy Valeriu Lazar. According to him, it may happen if the parties fail to solve points at issue till the first quarter of 2012 and to sign the new contracts. The new contract seems not to be signed till the end of March, Valeriu Lazar has said. Russia has its own inner problems and Chisinau needs more time to resolve the matters of opinion with Gazprom.

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  • LOAN INTEREST RATEA ARE STILL DECLINING AND MAY BE LESS THAN 10% IN 3 TO 5 YEARS, - DORIN DRAGUTANU

    2012-03-12

    Acccording to the president of NBM, the bank is working hard to reach and keep the inflation rate at 5%. If the National Bank succeeds in this in the medium term prospect, loans interests for individuals may be less than 10% in 3 to 5 years. According to Dorin Dragutanu, loan rate are declining today and have reached their all-time minimum.

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  • IN JANUARY, 2012 REMITTANCES TO MOLDOVA TRANSFERRED FROM ABROAD IN FAVOR OF INDIVIDUALS VIA COMMERCIAL BANKS GREW BY 13,4% - ДО $81,09 MLN AS COMPARED WITH JANUARY, 2011

    2012-03-06

    In January, 2011 they amounted to $71,51 mln, the National Bank informs. Remittances via various money transfers systems increased by 17,4% from $60,84 mln. to $71,42 mln. In the structure of currency transfers, about 41,1% fell to USD, 41,6% to EUR and 17,3% to RUB in January 2012. As it was said earlier, remittances from abroad made in favor of individuals via banks grew by 16,9% ($209,65 mln.), to $1 bln. 453,79 mln. in Moldova.

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  • THE GOVERNMENT HAS INTRODUCED AMENDMENTS IN THE PLAN OF ACTION TO IMPLEMENT RECOMMENDATIONS BY THE EUROPEAN COMMISSION TO CREATE DEEP AND COMPREHENSIVE AREA OF FREE TRADE BETWEEN EU AND RM

    2012-03-02

    EC experts appreciated performance of the Plan of Actions but pointed out a number of sensitive areas efforts to implement measures agreed on should be exerted in, Valeriu Lazar, vice-premier, minister of economy has said. In particular, the government has decided to strengthen measures to resolve the following problems: technical barriers to trade, sanitary and phyto sanitary aspects, enhancement of competition and the banking sector, consolidation of food security, etc.

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  • EBRD IS PLANNING TO ASSIGN MOLDOVA 70 MLN. TO 120 MLN. EUROS TO IMPLEMENT 11 PROJECTS IN VARIOUS FIELDS

    2012-02-29

    This has been stated by EBRD executive director for Moldova Iulia Otto at a meeting with vice-premier, minister of economy of Moldova Valeriu Lazar where cooperation priorities were identified for 2012. This year EBRD is going to invest in projects on road infrastructure, energy sector, water supply and other infrastructure projects.

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