Economy in Moldova

  • Europe in 2016: Terror fears, migration, politics. But economy may turn a corner

    ALBANIA, 2016/01/02
  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
  • Moldova: Pondering Unification with Romania?

    MOLDOVA, 2015/08/02 Hard times in Moldova are prompting some Moldovans to warm to the idea of unification with neighboring Romania. On July 5, thousands of Moldovans, carrying Romanian flags, marched in the Moldovan capital, Chișinău, voicing a preference that Moldova, a predominantly ethnic Romanian country that signed an integration agreement with the EU last year, give up on independence and join Romania, which is by presently a member of the EU and NATO. “We tried to change the political elite, from communist to democratic, we tried to ‘move away’ from the East and get closer to the West, but, nonetheless, the degree of citizens’ dissatisfaction has reached its peak,” commented 25-year-old Elena Podoleanu, a demonstrator from Chișinău. “Corruption, bureaucracy, the political class’ lack of a spine will at no time allow Moldova to be a developed country as is the case with the Baltic States.” (Estonia, Latvia, and Lithuania, three tiny former Soviet republics, presently are EU and NATO members.)
  • Revised IMF forecasts signal gloom on global economic outlook

    AFGHANISTAN, 2015/01/20 Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday. In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
  • EU, Moldova wants to learn from Romania's integration experience.

    MOLDOVA, 2013/03/02 In an effort to streamline its efforts to join the EU, Moldova wants to learn from Romania's integration experience. A programme for diplomats and high ranking officials in Moldova, organised by Romania's Diplomatic Institute, is one of the steps being taken by Bucharest to assist the country.
  • IMF with Moldova, Approves US$79 Million 2011-7-15

    MOLDOVA, 2011/07/15