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Data about the Activity of Moldovan Commercial Banks on July 31, 2025Dr. Sándor Csány: Being the 4th largest, OTP in Moldova will grow both organically as well as through possible mergers and acquisitions It seems to be a place, but it is notScott HOCKLANDER: For me, the persistence of Moldovan citizens is not only a learned lesson, but also a great exampleSorin MASLO: "The year 2022 was a turning point for the "Cricova" Wine Combine, the turnover increased by almost 25%"Deposit rates are at their peak. Market conjuncture or Why banks need individuals’ depositsValeriu LAZĂR: "If the state does not support business today, tomorrow it will have no one to collect taxes from.Chisinau Airport as a reflection of statehoodMonetary measures against non-monetary inflationBanks as the fulcrum of the economy: they have increased profits and are preparing for the challenges of the 2H 2022The Ministry of Finance and investors in the State Securities market at the peak of placement volumesThe banking market: turmoil and increased demand. No panicIs Moldova ready for the economic consequences of the war in the neighboring country?Are we heading for hyperinflation? It all depends on the correct diagnosis and the prescribed treatmentWhat is happening in the Government Securities Market and what does the National Bank have to do with it?The wine industry is on the verge of a revolution: Is the industry-specific law bankrupting enterprises? The trap for the oil products marketLászló DIÓSI: Foreign investments come to Moldova due to banking system stabilityWhen there is no program with the IMF, we issue are government securities ...Nikolay BORISSOV: “Acquisition of Moldindconbank is the best procurement in the Moldovan market, albeit the most risky one”Oil Ping Pong GamesBanking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationPeople and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

The government has introduced amendments to the Labor Code to harmonize the national regulatory framework with the norms in force in the EU and international labor standards.

The government has introduced amendments to the Labor Code to harmonize the national regulatory framework with the norms in force in the EU and international labor standards.

In particular, according to the draft, a new type of leave is introduced - unpaid leave to care for a sick relative. It will be a leave of 5 days during a calendar year. Such leave will be available upon application of the employee, attaching a copy of the identity card of the person in need of care, a declaration under the personal responsibility of the employee that the person in need of care lives with him/her, a medical certificate. This leave will be included in the work record. The draft promotes norms to improve the processes of organizing shift work, offering greater opportunities for labor activities and providing normative flexibility for the work of pregnant women, women who have recently given birth and breastfeeding women - they will be able to perform work at night, weekends and non-working days on the basis of a written application and a medical certificate, with the consent of the employer. The Labor Code will be supplemented with a provision that any employee will be able to agree or refuse to provide additional work on the basis of a written or electronic document signed before overtime work occurs. According to another change, teenagers will be able to enter into individual labor contracts for light work starting at the age of 15, but with the written consent of their parents or legal representatives. The conditions for light work will be set by the government additionally. For the use of undeclared labor of minors there will be introduced separate, high fines from 120 to 150 conventional units (c.u.) - for individuals, from 200 to 300 c.u. for officials and from 300 to 400 c.u. for legal entities. It is also proposed to significantly increase fines for mass use of undeclared labor of minors or adults (2 or more persons): 210-1200 c.u. - for individuals, 360-1300 c.u. for officials, 460-1500 c.u. for legal entities. The bill should be approved by the Parliament. // 21.02.2024 - InfoMarket

News on the subject

Moldova is waiting for new investors from the USA in the financial, energy and logistics sectors - Dorin Recean.
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The development of 2 new packages for the deregulation of business activities has begun.
Moldova and Romania will speed up the implementation of energy interconnection projects and the development of road infrastructure between the two countries.
Moldova and Romania will speed up the implementation of energy interconnection projects and the development of road infrastructure between the two countries.
Moldovan Deputy Prime Minister for European Integration Cristina Gherasimov took the constitutional oath on Monday.
Moldovan Deputy Prime Minister for European Integration Cristina Gherasimov took the constitutional oath on Monday.
In Moldova, the interaction of citizens and businesses with government agencies will improve through the introduction of the remote identification service (eKYC).
In Moldova, the interaction of citizens and businesses with government agencies will improve through the introduction of the remote identification service (eKYC).