Recent Posts

Serbia Risky for Foreign Banks

Hard currency loans to Serbia, Estonia and Latvia are the most at risk of default in central and eastern Europe, according to the International Monetary Fund. The IMF says that Western banks risk losing US$160 billion of a total US$1.6 trillion placed in the central and eastern European region, daily …

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Final election results announced in Moldova, Communists win

CHISINAU – The ruling Communist Party of the Republic of Moldova has won the majority of seats in parliament but will most likely have to reach an agreement with the opposition when the country’s president is elected. Iurie Ciocan, the secretary of Moldova’s Central Electoral Commission, announced the final results …

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Voronin viewed as obstacle to change

Moldova’s political crisis centres largely on one man – Vladimir Voronin, the veteran president and leader of the ruling Communist party. After serving since 2001 and completing two terms, Mr Voronin is obliged to stand down. But the 67-year-old former Soviet communist party official is determined to stay in power, …

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Europe wary of new Russia tensions over Moldova

BRUSSELS  – Protests against Moldova’s Communist rulers are the latest threat to stability on the European Union’s eastern border but the bloc is wary of wading into a row that could stoke wider tensions with Russia. Western diplomats say it is too early to judge whether street anger at alleged …

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Moldovan leader accuses opposition of betrayal

MOSCOW, April 8  – Moldovan President Vladimir Voronin accused the opposition on Wednesday of betraying the interests of the country and attempting to trigger a civil war during disturbances in the capital, Chisinau. Protests against the ruling Communist Party’s victory in Sunday’s elections turned violent on Tuesday, with 5,000 rioters …

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Romania denies involvement in Moldova riots

Romania dismissed on Wednesday claims by Moldova’s president that it had interfered in his country’s internal affairs, and threatened to expel the Moldavian ambassador. Moldovan President Vladimir Voronin earlier on Wednesday accused Romania of involvement in the riots in Chisinau over the election results, announcing visa restrictions for Romanians and …

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Moldovan Leader Vows To Stop Youth Riots

CHISINAU, Moldova -Moldova’s president warned on Wednesday that authorities would use force to prevent a repeat of the violent riots that shook the ex-Soviet country after a disputed election victory by his Communist Party. President Vladimir Voronin also accused neighboring Romania of instigating the unrest in Moldova, hours after police …

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France Urges Moldova To Respect Rule Of Law

PARIS -France called on Moldova on Wednesday to respect the rule of law including the right to protest following post-election clashes between opposition demonstrators and police. “We are very attached to the respect by all Moldovan political forces of the principles of rule of law, democracy and fundamental freedoms, including …

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