Moldova’s industrial growth accelerates to 10.8% y/y in Q2

bne IntelliNews August 13, 2018

Companies from labour intensive industries like textiles and garment production are investing in Moldova as wages rise in Romania and CEE.

Moldovan president endorses controversial fiscal amnesty package

Carmen Simion in Bucharest August 10, 2018

Moldovans will be able to pay a 3% tax in return for declaring undeclared or under-valued assets, which critics claim will enable the legalisation of stolen funds including those from the $1bn banking fraud revealed in 2014.

Moldova’s trade gap widens

bne IntelliNews August 8, 2018

Robust wage remittances are driving imports up as the local production base cannot cope with the rising demand for goods.

Moldova’s government to tackle growing problems of railway company CFM

Iulian Ernst in Bucharest August 1, 2018

Prime Minister Pavel Filip hinted that besides bad management, fraud could have caused the losses incurred by the troubled rail company, which is slated for restructuring.

Moldova borrows €270mn to connect its power grid with Romania's

Iulian Ernst in Bucharest July 12, 2018

Chisinau is reorienting its energy policy towards Romania as it seeks to end both its dependence on electricity from the separatist Transnistria region and Russian gas imports.