Moldova

Moldovan Constitutional Court ruling paves way to suspend President Dodon

Carmen Simion in Bucharest October 18, 2017

Court says pro-Russian Dodon can be suspended for repeated refusal to appoint defence minister proposed by the government, while president slams decision he says will allow oligarch Vlad Plahotnuic to become prime minister.

Moldova's Ascom moves ahead with recovering $500mn from Kazakh state

Iulian Ernst in Bucharest October 11, 2017

Moldovan businessman Anatol Stati is trying to claw back $500mn he was awarded in compensation after his investments in two Kazakhstani gas fields were nationalised.

Moldova to restructure state railway company to stave off bankruptcy

bne IntelliNews October 6, 2017

Chisinau envisages splitting troubled CFM into three separate companies and opening up the Moldovan railway sector to private competition.

Moldova’s trend Current Account deficit widens 22% y/y at end-June

Iulian Ernst in Bucharest October 2, 2017

Deficit reaches 6.1% of estimated GDP, pushed up by rising consumer sentiment and stronger inflows of remittances and foreign assistance.

Remittances to Moldovan households grow strongly in August

Iulian Ernst in Bucharest September 29, 2017

Hike in remittances from EU countries to have an impact on public sentiment in the context of the dispute over the country’s political and economic orientation towards the European Union versus Russia’s Eurasian Economic Union project.

BUCHAREST BLOG: Southeast Europe steps up its FDI challenge

Clare Nuttall in Bucharest September 28, 2017

Tightening labour markets are undermining the investment case for Central Europe, but its labour productivity and infrastructure still give it an advantage.

Moldova’s Liberal Party starts procedures to impeach president

Carmen Simion in Bucharest September 22, 2017

Opposition Liberals accuse pro-Russian President Dodon of violating the constitution, but are unlikely to gain support from enough MPs to force a vote on impeachment.

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