Moldova

Fugitive businessman Ilan Shor's party holds new mass rally in Chisinau

Iulian Ernst in Bucharest September 26, 2022

Shor's party is calling for the resignation of Moldova's government and president.

Moldova’s manufacturing activity plunges to levels not seen since lockdown

bne IntelliNews September 23, 2022

Moldova’s industrial output plunged by 14.4% y/y in July, when the activity in the manufacturing sector reached the lowest level seen in the past decade except for the March-April lockdown months in 2020.

Moldovan president calls for all Russian troops to leave the country

bne IntelliNews September 22, 2022

Maia Sandu tells UNGA that presence of Russian troops in breakaway Transnistria region violates Moldova' neutrality and increases security risks.

Moldova’s retail sales freeze as households expect high energy bills

bne IntelliNews September 21, 2022

Record inflation of over 30% has also dragged down households’ capacity to consume.

Thousands join anti-government protest in Moldova

bne IntelliNews September 18, 2022

Fugitive involved in $1bn bank frauds organised protest against President Maia Sandu and Moldova's reformist government amid high inflation and stagnating economy.

Moldova’s largest bank MAIB seeks listing in Bucharest

bne IntelliNews September 14, 2022

Talks on a listing of Moldova Agroindbank on the Bucharest Stock Exchange are in progress as the bank seeks to raise funds for future development.

Moldova forbids direct flights to Russia after flag carrier announces return to Moscow route

Iulian Ernst in Bucharest September 12, 2022

Russian-owned Air Moldova says it will challenge Civil Aviation Authority's decision that thwarted plans to relaunch Chisinau-Moscow flights in court.

Moldova’s inflation hits 34.3% y/y in August

bne IntelliNews September 12, 2022

Soaring natural gas prices kept Moldova's inflation on upward trajectory despite central bank's rate hikes.

Russian diplomat warns of risk of escalation in Transnistria

Iulian Ernst in Bucharest September 7, 2022

After EU extended military aid to Moldova, ambassador Vitaly Tryapitsyn talked of risk of "hot scenario" in Moldova's Russia-backed separatist Transnistria region.

Moldova summons Russian diplomat over Lavrov threat

Iulian Ernst in Bucharest September 2, 2022

Foreign Minister Sergei Lavrov talked of “protecting” Russian-speakers in Moldova — indicating a possible repeat of the invasion playbook used in Georgia and Ukraine.

Multiple crises push Moldova’s economy into stagnation

Clare Nuttall in Glasgow August 31, 2022

A severe drought comes on top of international inflationary pressures and the impact of the war in neighbouring Ukraine.

Moldova says it won't be able to make next payment to Gazprom

bne IntelliNews August 11, 2022

Failure to make the up-front payment may result in disruption of gas supplies in the first days of September.

CPI inflation in Moldova hits 33.6% y/y in July

bne IntelliNews August 11, 2022

The price of natural gas quadrupled compared to July 2021 and the price of electricity increased by 59%.

Moldova’s maize, sunflower crops decimated by drought

Iulian Ernst in Bucharest August 9, 2022

Both crops are in high demand given the disruption caused by the war in neighbouring Ukraine to international food markets.

Moldova makes rate hike to 21.5% to contain soaring inflation

Iulian Ernst in Bucharest August 5, 2022

Inflation reached 31.8% in June and the outlook is gloomy as energy price hikes have yet to be fully passed through to consumer goods prices.

Transnistria restates its commitment to independence, merger with Russia

Iulian Ernst in Bucharest July 25, 2022

Comments from Moldovan separatist republic's foreign minister seen as preparing the ground for potential recognition by Russia as war rages in neighbouring Ukraine.

Moldova’s pro-Russian ex-president Dodon tops popularity poll despite house arrest for treason

Iulian Ernst in Bucharest July 21, 2022

Sluggish justice reform progress and soaring costs of living have eroded support for President Maia Sandu and her reformist government.

FDI in CEE: It’s about Russia, inflation and populism

Wojciech Kosc in Warsaw July 18, 2022

After February 24, when the first Russian tanks rolled into Ukraine, looking at a map of Europe is no longer what it used to be.

Moldova’s trade gap widens in January-May on expensive energy imports

bne IntelliNews July 18, 2022

Only a hike in cereals exports helped Moldova avoid an even bigger trade deficit.

MITTELEUROPEAN INSIGHTS: Brussels needs to jump-start the Western Balkan accession process

Gunter Deuber in Vienna, Fjorent Rrushi in Tirana, Ivona Zametica in Sarajevo July 13, 2022

Only when the Western Balkans is integrated into the EU, and the EU reforms itself, can Brussels really turn its attention to Ukraine or other potential accession candidates.

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