News

Data about the Activity of Moldovan Commercial Banks on August 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

Moldovan government will allocate over 1 billion lei to pay compensations related to the increase in gas tariffs; the compensation mechanism is to be approved on November 10.

Moldovan government will allocate over 1 billion lei to pay compensations related to the increase in gas tariffs; the compensation mechanism is to be approved on November 10.

The chairman of the parliamentary commission for social protection, health care and family Dan Perciun announced this while speaking on the air of the program Punctul pe Azi on TVR Moldova. According to him, part of the money allocated for compensation will be taken from a grant of 60 million euros, provided by the European Union to support the most vulnerable citizens during the heating season. In addition, other budgetary funds will be found for these purposes. It is planned that the mechanism for providing compensation will be approved by the government on November 10. “There are two separate mechanisms: a mechanism for supporting low-income citizens - assistance for the cold season. Its total volume will be increased and the number of families eligible for this assistance will increase. The matter concerns hundreds of thousands of families. Secondly, the matter concerns the direct compensation of accounts, regardless of income, but depending on the volumes consumed. The compensation will be differentiated, depending on the consumed volume of gas: for the first 50 cubic meters it will be higher, and for volumes exceeding 50 cubic meters, the compensation will be less. We would of course like to differentiate this compensation in the income account. But, unfortunately, the Moldovagaz database, existing information systems do not allow for such detailing to know exactly what is happening in the apartment consuming up to 50 cubic meters of gas, whether the people living there have an income of 30 thousand lei per person per month. We will not be able to obtain such data in this short time, this winter we will go for this option. This is the situation at the moment; it makes no sense to say that it is very good. It is complex, and in most countries it is also a very difficult situation as a result of such an increase in gas prices on the international market. The optimistic forecast is that the market will correct in 4-5 months as the gas production capacity increases, the situation stabilizes, normalizes and even our purchase price will decrease, which will also further reduce the gas tariff for end consumers," said Dan Perciun. At the same time, he said that there will be no increase in electricity tariffs in the coming months, because the contract for the supply of electricity from the Moldovan HPP has a fixed price until March next year, and, accordingly, one should not expect an increase in its cost during this period. // 09.11.2021 – InfoMarket

News on the subject