Moldova's railways: Outdated & hamstrung by war

Moldova's railway network faces a stark reality: much of its rolling stock and infrastructure has surpassed its lifespan, posing safety concerns and hindering efficiency.

Moldova's 373: Jobs boom as businesses embrace investment program

Over 160 entrepreneurs have tapped into Moldova's "373" program, securing investments that fuel job creation and boost employee salaries, the Ministry of Economic Development and Digitalization reports.

€23m injects life into Moldova's rail network

The Moldovan State Railway Company (CFM) has identified infrastructure improvement as a top priority for 2024, with plans to rehabilitate key sections of the country's rail network. Director Oleg Tofilat outlined two major projects:

Parliament announces a competition for the position of president of the Court of Accounts

The Parliament announces a competition for the position of president of the Court of Accounts. According to a press release from the Legislative, interested persons can submit tender files until February 9, 2024.

Moldova opens doors to foreign workers

In a bold move to tackle chronic labour shortages, Moldova is preparing to significantly loosen its immigration restrictions, paving the way for workers from Turkey, Armenia, Ukraine, Georgia, and the Balkan countries.

Moldovan President calls for historic vote on EU membership

Moldova's President Maia Sandu has set the stage for a pivotal national referendum in autumn 2024, placing the country's European integration aspirations directly in the hands of its citizens.

New governor of the National Bank Anca Dragu was introduced to the team

The new governor of the National Bank, Anca Dragu, was introduced to the team today, the Parliament Speaker, Igor Grosu, announced on his Facebook page. According to the official, Anca Dragu has extensive experience in the financial-banking field.

2024 Grants Program for youth organizations was launched

The Ministry of Education and Research announced the launch of the 2024 Grants Program for youth organizations. The expected budget for next year is 10 million lei. The National Agency for Youth is responsible for these projects implementation. The program is dedicated to the support and development of the youth sector in the Republic of Moldova, through which logistical and financial support will be offered, on a tender basis, for the implementation of youth initiatives, programs and projects, thereby strengthening cooperation with civil society.

Moldova mulls lower energy costs as regulator reviews tariff adjustments

Potential cost reductions for both heating and electricity could be forthcoming for Moldovan households, as the National Energy Regulation Agency (ANRE) gears up for a crucial meeting on Friday to analyse Termoelectrica's tariff adjustment proposals.

Accession talks launched: EU signals strong support for war-torn nations

In a watershed moment for European geopolitics, the European Union formally welcomed Ukraine and Moldova into accession talks on Thursday.

Charles Michel: The main obstacle for the accession negotiations of the Republic of Moldova and Ukraine is the opposition of the Prime Minister of Hungary

The main obstacle to a positive decision for the accession negotiations of the Republic of Moldova and Ukraine is the opposition of the Prime Minister of Hungary, Viktor Orbán, said the President of the European Council, Charles Michel, in an interview for Free Europe. Two days before the European Union summit where enlargement will also be discussed, the official says he is confident in the success of the meeting and that European leaders are working to convince Hungary.

Moldova's economy exhibits tentative signs of recovery amidst lingering challenges

After weathering a period of economic hardship, Moldova is exhibiting promising signs of recovery. The Independent Analytical Center "Expert-Grup," during the MACRO 2023 Conference, presented forecasts of a 3.3% economic expansion in 2023 and a more robust 5.4% growth in 2024.