Moldova

Stratfor: How Currency Woes Undermine Georgia, Moldova

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Governments across the former Soviet Union have felt the impact of currency devaluations, but currency depreciations and related economic problems in Georgia and Moldova are exposing their governments to major political pitfalls this year, including even potential government collapse. Both countries have been pursuing greater integration with the West but are still heavily linked to Russia, making them susceptible to Russia's economic downturn. Economic difficulties will undermine both…


Georgia Expects Visa Free Travel to EU by End of 2015

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Georgian citizens might have Visa Free Travel with European Union (Schengen area) by end of 2015 or at start of 2016 - told Georgian Minister of Foreign Affairs - Maia Panjikidze on live translations on Imedi TV station, Wednesday, August 20, according to NewsGeorgia  I have a assumption based on realistic data that by the end of 2015 - beginning of 2016 we will have visa-free travel with the member countries of the Schengen Agreement  - told Panjikidze According to the official Tbilisi -…


Inequality of Minimum Wages in Former Soviet Union: An Updated Look in 2014

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It has been six months since I last analyzed the minimum wages in the former Soviet Union. Although it is not a major factor in economic growth, the minimum wage is still a relevant indicator in understanding a country's economic status. In my previous research in 2013, I found that Estonia had the highest minimum wage of $427, while Kyrgyzstan had the lowest at just $17 per month. In this updated analysis for 2014, the highest minimum wage is still in Estonia, with an increase to $480, and…


Georgia and the EU: Deepening Ties through Association Agreement (2014)

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Georgia, a small country located in the Caucasus region, has recently signed an Association Agreement with the European Union (EU). The agreement, which was signed on June 27, 2014, aims to deepen the political and economic ties between Georgia and the EU, and to provide a framework for future cooperation in a variety of areas. The Association Agreement is a comprehensive document that covers a wide range of issues, including political cooperation, economic and trade relations, human rights,…


Romania: An Overview of its Economy and EU Membership (2014)

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Yesterday I took a brief overview of Moldova, and today I'm eager to dive into the neighboring country of Romania. Romania is a full-fledged member of the European Union since 2007, together with Bulgaria, and is considered one of the poorest countries in the EU in terms of wealth. With a population of 21.33 million people and a GDP of 169.4 billion USD in 2012, Romania's GDP per capita is 7.942 thousands USD. Although Romania is four times richer than its neighbor Moldova, it is still five…


Discovering the Rich History and Growing Economy of Moldova

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Moldova is a landlocked country in Eastern Europe, situated between Romania and Ukraine. Despite its small size and relatively low profile on the world stage, Moldova has a rich and complex history, a diverse culture, and a growing economy. One of the key features of Moldova's history is its position at the crossroads of different empires and civilizations. Over the centuries, Moldova has been ruled by a variety of powers, including the Ottoman Empire, the Russian Empire, and the Soviet Union…


How Moldova's Visa-Free Regime is Driving Economic Growth and Integration with the EU

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Moldova is a small, landlocked country located in Eastern Europe. Despite its size, Moldova has a rich history and culture and is home to a diverse population of over 3 million people. In recent years, Moldova has made significant strides towards greater integration with the European Union (EU), including the introduction of a visa-free regime for Moldovan citizens traveling to the EU. The visa-free regime, which was introduced in 2014, allows Moldovan citizens to travel to the EU for up to 90…


Inside Transnistria: Unrecognized State Between Moldova and Ukraine

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Transnistria is a breakaway region located in Eastern Europe, sandwiched between Moldova and Ukraine. The region has been unrecognized by the international community since it declared independence in 1990, following the fall of the Soviet Union. Transnistria has a complex history and cultural identity, with a significant population of ethnic Russians and Ukrainians. The region's language and culture are heavily influenced by Russian traditions, and the people of Transnistria generally identify…


The Vilnius Summit 2013 and Its Aftermath: How the Association Agreement Impacted Ukraine, Georgia, and Moldova's European Integration

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On November 28-29th, 2013, the Eastern Partnership summit took place in Vilnius, where Ukraine, Georgia, and Moldova signed an Association agreement with the European Union (EU). This agreement aimed to strengthen political and economic ties with the EU, including free trade and visa-free travel. The signing of the agreement was seen as a significant step towards European integration for these countries. However, the signing of the agreement led to significant tensions between Russia and the…


Minimum Wages in the Former Soviet Union: A Look at 2013

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The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic and political upheavals of the previous decades, and minimum wages varied widely across the countries that made up the former Soviet Union. Previously I have already measured and compared minimum wages in Baltic states, Caucasus and Central Asia. All of these once were a part of the Soviet Union.…