Central bank rate hike elevates Moldovan state debt costs

The National Bank of Moldova’s policy rate hike from 5% to 7.5% has done little to curb consumer lending, while swiftly driving up state borrowing costs. Economic expert Veaceslav Ioniță highlights an unusual disconnect as annual inflation slows while borrowing policy tightens.

Moldova exempts diaspora citizens from inheritance tax

Moldovan citizens living abroad will remain exempt from inheritance tax under the proposed 2027 fiscal policy, the Ministry of Finance announced.

Fake officers trick Moldovan woman into selling home

Moldovan police have documented five new cases of phone fraud, including three earlier incidents recently reported by victims. Total financial losses from these cases exceed 1 million MDL (approx. €51,000).

Moldova delays Zarea Hotel sale to boost bidding competition

Moldova's Public Property Agency (PPA) has extended the privatization tender deadline for the state-owned Zarea Hotel from August 19 to October 20.

Warsaw nears deal to exchange aging MiG-29 fighters for drones

Poland plans to send Soviet-built MiG-29 fighter jets to Ukraine within the coming weeks. In exchange, Warsaw will receive a batch of long-range attack drones and the manufacturing technology required to produce them, according to sources cited by Wirtualna Polska.

Moldova busts €358k tax evasion scheme in building sector

Moldovan authorities have uncovered a large-scale tax evasion scheme in the construction sector, estimating damages to the state budget at over €358,000 (approx. 7 million MDL) for 2024.

Severe EU drought forces early use of winter feed

A severe drought sweeping across Europe has forced livestock farmers to tap into winter feed reserves months ahead of schedule, as dried-up pastures and damaged crops severely curtail animal feed supplies.

Moldelectrica reconnects key 330 kV grid line following storm

Moldova’s state power grid operator, Moldelectrica, has fully repaired and re-energized the 330 kV Bălți–Dnestrovsk overhead power line following severe storm damage on 6 August.

Trump imposes tariffs up to 100% on imported drone technology

US President Donald Trump signed a presidential proclamation on Thursday imposing tariffs of up to 100% on imported drones and key components, targeting an industry currently dominated by China.

Berlin denounces political exploitation of communist GDR nostalgia

German officials have issued a sharp warning against growing attempts by political extremists to downplay the atrocities of the former East German communist regime.

Kyiv drones degrade air defense at Putin’s Gelendzhik estate

Ukrainian drone forces targeted Russian air defense and electronic warfare assets near Gelendzhik, stripping protective cover from a high-security Black Sea estate linked to Russian President Vladimir Putin.

Japanese grant helps Moldovan hospital boost eye surgeries by 40%

Ungheni Regional Hospital is set to modernize its ophthalmic services following the acquisition of a state-of-the-art surgical microscope for complex eye procedures.