28 November 2021

Gheorghe Russu

Vice-director, The Center for Combating Economic Crimes and Corruption

Parties-Phantoms, Parties - State Institutions, Parties - State Enterprises


20 parties have registered in the current election campaign. Many people say it is a too big number for such a small country as Moldova. At the same time, much more parties could take part in the election campaign.

Last week illustrated

Activists launch Moldova’s first ‘Space Camp’ © Susan Coughtrie

MNA accuses Moldovan authorities of curbing artificially Leu rate

The Moldova Noastra Alliance (Moldova Noastra Alliance) considers that the Moldovan authorities are curbing artificially the Moldovan Leu, MNA Leader Serafim Urechean said this at a news conference on Thursday.
INFOTAG, 26 February 2009, 19:43

Chisinau, February 26 ( INFOTAG ). He remarked that for this reason the Moldovan financial-banking system is not reliable.

In Urechean's opinion, the Leu has no real cover and in order to preserve its stability the National Bank has bought all its surpluses at the market in the amount of 200 million lei".

The MNA Leader expressed his concern with the influence of the world financial crisis on Moldova. The building industry suffered in the first place - 75 thousand workers were sent to leaves without pay.

Another MNA member in the person of former Vice-President Valeriu Cosarciuc underscored also other negative consequences of the crisis, including a 20% remission decrease, a 17% export decline, a 25% industrial slippage, a 14% budget deficit.

The MNA is sure that an economic collapse threatens Moldova and he does not believe in the incumbent authorities' ability to resist it.


Readers' comments
Recent comments:
There are no comments on this story.
You have to be signed in to leave comments.