Moldova

Moldova’s GDP 3.7% up y/y in Q1 driven by domestic demand

bne IntelliNews June 18, 2018

Economy has expanded by 4.0% p.a. since 2010, but this remains below the rates needed for the country's convergence with the European Union.

Yields on Moldova’s bonds bottom out in May

bne IntelliNews June 5, 2018

Gradual disinflation helped ease yields to the lowest levels in three years.

Eurasians come in from the (financial) cold

Clare Nuttall in Bucharest June 1, 2018

New data shows soaring numbers of adults with a bank account in several Eurasian nations but the percentage of the population with an account in the wider region varied hugely from 98% in Estonia and Slovenia to just 29% in Azerbaijan.

Moldova’s telecom services market up 3.8% y/y to €317mn in 2017

bne IntelliNews May 23, 2018

Mobile data was the most dynamic segment of the market, with users growing 28.3%, though revenues only account for 4.4% of the total generated by the sector.

Moldova’s retail sales rebound in Q1

bne IntelliNews May 23, 2018

Retail sales increased by 5.0% y/y in Q1 after contracting last year, supported by rising household incomes.

COMMENT: Remittances bring large benefits and dire consequences

Alex M. Tanase in London May 21, 2018

Countries like Romania and Moldova need to act now to entice back migrants and encourage the use of remittances for investment rather than consumption.

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