Ukraine: trade turnover with Moldova up in 2017

Economic relations between Ukraine and Moldova have been developing dynamically. The trade turnover between the countries has increased by 30% this year, deputy chairman of the “Ukrainian Prism” foreign policy council Serhiy Herasymchuk announced during presentation of the research “Ukraine-Moldova: New Challenges and New Opportunities in Bilateral Relations”. “Ukraine is one of the main trade…

Moldova: exports to EU on the rise

Moldovan producers export more and more goods to EU states. According to the Minister of Economy Octavian Calmac, the amount of goods exported to European markets has increased since the implementation of the Association Agreement with EU. In 2016 Moldova reached 65% in exports to the European market. The exports to CIS market reduced from…

Moldova: Cricova winery assets to be assessed

A special commission to assess and re-demarcate the cultural and national heritage sites of the Cricova winery has been created. The commission is headed by Deputy Minister of Agriculture and Food Industry Vasile Luca. Its members are to re-demarcate the galleries, underground vaults, including tasting rooms, and adjoining areas of the Cricova quarry and take…

Moldova: electricity tariffs to increase

According to the National Energy Regulatory Agency, on December 12, the requests by RED Union Fenosa and Gas Natural Fenosa Furnizare Energie to raise the electricity tariffs were posted on the ANRE official web site as Law No 107 dated May 27, on electricity requires and the civil community has been given 15 days since…

Moldova: national palace to host wine exhibition

11th Wine Vernissage will take place at the National Palace of Moldova on December 15. The event, called “The Magic Vernissage”, will bring together 36 wineries, which are going to present more than 200 wines, including 50 premier ones. “A vine vernissage traditionally offers winemakers an opportunity to display new products on the threshold of…

Moldova: social insurance budget approved

The parliament has approved of the state social insurance budget in the first reading with the revenue and expenditures amounting to MDL 16,410,670,200. The revenue of the state social insurance budget will increase by MDL 1,464,985,900 or by 9.8% against the revenue approved for 2016; the expenditures will grow by MDL 1,434,575,400 or by 9.6%…

Moldova: economy to grow

The growth of the Moldovan economy will restore, but the quality of this growth will worsen in 2016-2017, Expert-Grup forecast says. According to another edition of research “MEGA – Analysis of the economic growth in Moldova”, which the Independent Analytical Center submits twice a year, Moldova’s GDP growth in 2016 will be 3.4%, in 2017…

Moldova: Chisinau airport concession to be revised

Government is to examine an opportunity of revising the contract on concession of the Chisinau airport and lifting the airport modernization charge of EUR 9 per passenger. These are the recommendations included in the resolution Parliament has adopted following the hearing of the report by the investigatory commission on the concessionaire’s compliance with the contract…