Greece kneels in front of EU and IMF for 110 billion Euros

Mon, 03 May 2010 09:46:24 +0300

After a long way full of obstacles, Greece sees getaway once signing a treaty with Euro zone countries and IMF regarding a financial aid - biggest in European Union history.

United and Continental Airlines will merger

Mon, 03 May 2010 03:41:02 +0300

Anonymous sources stated that for Associated Press that the directors of the Continental and United Airlines decided to merger those two companies in order to create the biggest air transporter in the world, announced CBS News.

Moldova boasts its wines at Expo Shanghai

Sun, 02 May 2010 19:08:38 +0300

Traditionally, Moldova’s main attraction at the world exhibition from Shanghai is its wines. Economy minister Valeriu Lazar hopes the Moldovan pavilion will attract a lot of tourists, especially Chinese.

Moldova will negotiate getting a 25 million USD credit from WB

Sun, 02 May 2010 16:31:44 +0300

A commission of negotiators from Moldova is going to negotiate with World Bank giving a 25 million USD credit in order to support the economical restart of the country. The members of the commission was adopted during the government’s session.

Higher wages in the first quarter compared to last year

Sat, 01 May 2010 16:09:41 +0300

Average monthly wage in first quarter of year 2010 represented 2740 lei or more by 6,7% than the same period of 2009, according to data of the National Bureau of Statistics (NBS).

The egg price dropped in half

Sat, 01 May 2010 09:57:52 +0300

The egg price has dropped suddenly this week. Therefore, last week the egg price was 10 lei and today they can be bought with 5 lei per 10 eggs.

Putin proposes to merge Gazprom with Ukrainian Naftogaz

Fri, 30 Apr 2010 19:47:27 +0300

Prime Minister Vladimir Putin on Friday stunned observers by proposing a merger between Russia's Gazprom, the world's largest gas firm, and Ukrainian state gas company Naftogaz.

Gazprom profit boost

Fri, 30 Apr 2010 19:10:10 +0300

Gazprom, the biggest gas extractor in the world, had an income of 10.5 billion $ in the fourth trimester of 2009. The profit is 8 times bigger than the same period of the previous year.

Institute of Cardiology has profit of millions

Fri, 30 Apr 2010 15:18:25 +0300

Chisinau Institute of Cardiology registered a net profit of 5,7 million lei, albeit its activity regulations provides that the hospital is a non-profit institution, showed a report of Court of Accounts.

Moldovan leasing market crashed in 2009

Fri, 30 Apr 2010 13:35:26 +0300

Moldovan leasing market decreased last year by almost 70%, recording a value of financed assets of 412,5 million lei or by 834 million lei less as compared to year 2008, according to data of National Bureau of Statistics.

Ukraine has built a new airplane

Fri, 30 Apr 2010 01:42:55 +0300

The big air companies are affected by the losses caused by the world economical crisis, and the Ukrainian State company Antonov has launched a new passenger airplane – AN 158.

Czechs against euro

Thu, 29 Apr 2010 20:29:39 +0300

55% of the Czechs that participated in a survey are against replacing national currency koruna with euro, as many of states that had done this, mainly Greece, are facing great budgetary problems.

Fewer infractions last year

Thu, 29 Apr 2010 19:15:00 +0300

There were 383.000 registered infractions in 2009, 33% less than in 2008. According to National Statistics Bureau, the total amount of fines is estimated at 67.7 million lei.

Romanian Commercial Bank has a new office in Chisinau

Thu, 29 Apr 2010 16:09:46 +0300

Romanian Commercial Bank inaugurated today a new office in Chisinau. Authorities stated that this particular event means the increase of Romanian investments in Moldova.

Experts propose to double the roads` use taxes

Thu, 29 Apr 2010 14:29:18 +0300

Doubling the taxes for road use for cars` owners and the increase of road fund` s transparency represent the main recommendations of Expert-Grup economical experts.

Former Moldtelecom leadership, suspected of a 39 million lei prejudice

Thu, 29 Apr 2010 14:05:12 +0300

Former leadership of “Moldtelecom” S.A. is suspected of causing serious losses to the company.

Moldova’s only failure in front of IMF – price raise

Thu, 29 Apr 2010 12:07:09 +0300

The only failure only failure encountered by Molodova in front of International Monetary Fund is the inflation fluctuation which is above the 5% which was established, according to the economical analyst Valeriu Prohnitchi.

Moldovan banks are reducing their staff

Thu, 29 Apr 2010 11:18:19 +0300

The number of commercial banks employees dropped by 5% in Moldova, according the data of the National Bank of Moldova. According to NBM, at the end of March Moldovan banks had 10847 employees, by 562 employees less than last year.

Hewlett-Packard bought Palm

Thu, 29 Apr 2010 04:57:37 +0300

Hewlett-Packard announced the purchase of smart-phone producer Palm for the amount of 1.2 billion USD, announced Lenta referring to AFP.

Euro hits one-year low against the dollar

Wed, 28 Apr 2010 20:15:17 +0300

The euro touched a one-year low against the U.S. dollar after Standard & Poor's downgraded Spain's credit rating from AA+ to AA, according to Reuters.

EU and IMF to aid Greece with 100 billion euros

Wed, 28 Apr 2010 19:54:30 +0300

The European Union and the International Monetary Fund could raise about 100-120 billion euros to aid Greece over the next 3 years. The announcement was made by German “Greens” leader Juergen Trittin.

IMF began its evaluation mission in Chisinau

Wed, 28 Apr 2010 13:44:23 +0300

An evaluation IMF mission is currently in Chisinau. For two weeks, IMF experts will examine the way Moldovan authorities fulfill their commitments taken after signing the economical program for years 2010-2012.

Medical services, just like gambling games

Wed, 28 Apr 2010 12:52:18 +0300

The medical equipment used in Chisinau medical centers is not corresponding to the technical standards. The authorities have established that the medical equipment wasn’t checked for a while whether it corresponds to the legal standards.

CCECC: 771 million lei, irrationally spent for roads` repair

Tue, 27 Apr 2010 17:50:29 +0300

In years 2007-2009, 771 million lei have been irrationally spent for national roads` repair, according to CCECC data.

Russia refuses any negotiations with authorities regarding wine export

Tue, 27 Apr 2010 15:22:26 +0300

Russian sanitary service, Rospotrebnadzor, intends to negotiate export matters directly with Moldovan wine producers, rather than with Moldovan authorities.

Non-authorized construction – municipal authorities headache

Tue, 27 Apr 2010 09:04:14 +0300

More and more unauthorized constructions are appearing in Chisinau, regardles the sanctions which risk their owners.

Termocom accounts frozen by CET-2

Mon, 26 Apr 2010 19:53:43 +0300

Termocom accounts have been frozen again. Over the last week, CET-2 has accumulated a debt of 220 million lei. That’s why heat carrier provider’s activity has been stopped, according to manager Mihai Arusoi’s report during the Town Hall meeting.

CPRM solicits a moratorium on increasing local taxes

Mon, 26 Apr 2010 13:43:06 +0300

Communists` Party solicited a moratorium on Chisinau Municipal Council` s decision regarding the increase of local taxes for some services, starting with May 1st.

Industry, growing for three months in a row

Mon, 26 Apr 2010 10:02:25 +0300

Moldova industrial factories produced during the first three months of 2010, goods worth 6 billion 028.9 million lei, which is by 4,9% more than the same period in 2009, according to the data offered by the National Statistic Bureau.

World Bank updates economic forecast: Global growth of 3.1%

Sun, 25 Apr 2010 21:35:55 +0300

The World Bank updated its forecast regarding world’s economic growth from 2.7% to 3.1%, but warned that not all the risks threatening the economic restoration had passed.

Wine and alcoholic beverages production boosted

Sun, 25 Apr 2010 17:20:34 +0300

The production of wines and alcoholic beverages in January-March 2010 was significantly higher that during the same period of the last year.

Mi casa es cheap casa

Sat, 24 Apr 2010 08:01:42 +0300

It is absolutely necessary for the Moldovan construction market to be as transparent as possible, because the bribe rate in this sector can get up to 30% of the investment rate.

Economical agents disagree with customs` indicative prices

Fri, 23 Apr 2010 15:57:22 +0300

The system of customs` indicative prices is inefficient, as stated by numerous economical agents. They asked the Government to withdraw the given indicative prices as they are not real, the importers being forced to pay additional costs.

Moldovans are buying more and more

Fri, 23 Apr 2010 12:36:23 +0300

The Moldovans have bought in the first three months goods worth 5 billion lei, which is by 6% more than the same time period in the last year.

IMF predicts a 2,5% annual economical growth for Moldova

Fri, 23 Apr 2010 09:35:48 +0300

According to the recent report made by International Monetary Fund, Moldovan economy will have a 2,5% increase in 2010, as compared to 4% forecasted for all CIS countries.

Transport, still declining

Thu, 22 Apr 2010 17:18:26 +0300

In the first three months of 2010, railway, auto, naval and air transport companies have carried 1 million 286,6 thousand tons of goods or less by 20% as compared to same period of last year.

The railroad Cahul-Giurgiulesti build on a land given illegally

Thu, 22 Apr 2010 12:35:59 +0300

The agency “Moldsilva” has given illegally those 34 acres of forest land for the construction of the Cahul-Giurgiulesti rail road, in it shown in an accounting report presented by Court of Accounts.

IMF: In 2011 Romania will have the biggest economical growth in EU

Thu, 22 Apr 2010 07:24:14 +0300

Romanian economy will grow by 5.1% next year according to World Economic Outlook report published by International Monetary Fund (IMF). This might be the biggest advance in EU. IMF estimated that Romania’s GDP will grow by 0.8% this year.

Czech PM to become BERD vice-president

Wed, 21 Apr 2010 21:28:12 +0300

Jan Fischer was chosen from many international candidates to replace former Slovakian finances minister Brigita Schmoegnerova as vice-president of EBRD.

Euro can be saved only if EU countries merge

Wed, 21 Apr 2010 18:21:37 +0300

The Eurozone faces liquidation if EU countries don’t unite financially and politically. The warning was issued by financial services company Citigroup.

State wants to liberalize the access to foreign currency loans

Wed, 21 Apr 2010 16:36:27 +0300

Moldovan commercial banks could grant loans in foreign currency not only to exporters. “We intend to liberalize access to credits in foreign currency for all”, stated today the president of parliamentary economical commission, Veaceslav Ionita.

Minimum social capital of 5400 lei for LLC could be revoked

Wed, 21 Apr 2010 13:40:30 +0300

Minimum social capital of 5400 lei for founding a limited liability company could be revoked. A group of deputies announced that they intend submitting a legislative initiative to the Permanent Bureau.

Ionita: “The price raise are… only a feeling ”

Wed, 21 Apr 2010 12:31:35 +0300

"This year’s price raises are easy to explain – it’s only a price raise feeling. Overall, yearly inflation is 8-9%, which for Moldovans is not so unusual”, declared Veaceslav Ionita.

Livestock sector increased by over 10% in three months

Wed, 21 Apr 2010 10:27:47 +0300

In January-March 2010, Moldovan global agricultural production of all categories increased by 10,6% as compared to same period of year 2009, informs National Bureau of Statistics.

Great Britain reopened its air space

Wed, 21 Apr 2010 03:51:30 +0300

The first plane landed on Tuesday evening in Great Britain, after 5 days of break. The plane which flew from Vancouver to London landed a little before midnight, Moldova time zone.

Fixed telephony markup

Tue, 20 Apr 2010 17:54:09 +0300

National fixed telephony operator Moldtelecom, which holds 98% of the market, is planning a markup by the end of the year.

„Rospotrebnadzor” will enhance the verification of Moldovan wines

Tue, 20 Apr 2010 16:30:32 +0300

Russian federal service „Rospotrebnadzor” will enhance the control of Moldovan wines` quality delivered to Russia. This occurred after it had discovered a wine lot which did not meet the required standards, informed RBC.

Ice-cream, made in Ialoveni, exported to Africa

Tue, 20 Apr 2010 15:39:49 +0300

The ice-cream produced by the factory “Sandrilliona” from Ialoveni is exported to Iraq and several African countries – Senegal, Ghana and Cote d`Ivoire. Factory` s managers declared that they intend conquering other 50 new markets.

Multinational companies will no longer bribe Russian officials

Tue, 20 Apr 2010 15:13:08 +0300

On Wednesday, the largest multinational companies operating in Russia will sign an agreement on not bribing Russian officials, according to “Vedomosti”, quoted by Ria Novosti agency.

ANRCETI: The market of electronic communications will increase by 8%

Tue, 20 Apr 2010 14:58:15 +0300

Moldovan communications market will increase by 5-8% this year, according to ANRCETI.

Moldovan competitive environment, “sick” for EU

Tue, 20 Apr 2010 13:15:49 +0300

Moldovan legislation quality does not represent a safe basis to adjust the competitive framework to European standards. In five years, Moldova has to completely renew its legislation in competition field, according to an EU research.

Tariff forecast manual

Tue, 20 Apr 2010 08:16:31 +0300

No price raise is understood correctly by the population, especially those regarding oil market, which is very difficult to control.

The losses of the air companies got to 300 million USD per day

Tue, 20 Apr 2010 00:02:42 +0300

The losses of the air companies got to 300 million a day, according to Bloomberg which is making a reference to IATA.

Cab owners will have to pay new tax

Mon, 19 Apr 2010 17:59:58 +0300

The Chisinau Municipal Council decided that agents running taxi businesses would pay a local tax of 500 lei per month.

The crisis made Romanian companies withdraw their money from Moldova

Mon, 19 Apr 2010 14:34:21 +0300

Numerous Romanian companies have withdrawn their assets from Moldova. If in 2007 the flux of Romanian investments represented 155,5 thousand lei, in 2008 it constituted 202,3 thousand lei, while in the nine months of 2009 this indicator was negative.

Volcanic ash postponed Videanu` s visit to Chisinau

Mon, 19 Apr 2010 11:49:33 +0300

The visit of the Romanian official delegation led by Romanian minister of economy, Adrian Videanu, was postponed due to volcanic ash cloud that blocked the air traffic from numerous European countries.

The experts say that volcanic ash cloud will extend the crisis

Mon, 19 Apr 2010 11:26:49 +0300

The volcanic ash cloud, which disturbed the air traffic in Europe during last couple of days, will have a direct impact on world financial crisis.

A record sum for a sample of the naval correspondence

Mon, 19 Apr 2010 03:41:51 +0300

The letter belonging to the passengers of the British ship “Titanic”, which crashed after a collision with an iceberg in April 1912, was sold for 55 000 pounds – a record sum for a sample of ship’s correspondence.

Moldovan air space shut till this evening at 18:00

Sun, 18 Apr 2010 11:25:10 +0300

Moldovan air space is still closed till 18:00, today. Due to volcanic ash cloud which is approaching, Moldovan air authorities will keep air space closed till this evening.

Present air crisis is above the one caused by September 11th events

Sun, 18 Apr 2010 09:02:10 +0300

The block in the air traffic due the Iceland volcano eruption can be compared only to the situation registered after September 11th in USA, according to the International Air Transportation Association (IATA) spokesman, Steve Lott.

Moldovan air space is closed till noon today, April 18th

Sun, 18 Apr 2010 08:51:42 +0300

Moldovan air space is still closed till today, April 18th, at 12:00 o’clock. This is due the volcanic ash cloud which was approaching.

Petrol costs, up again

Sat, 17 Apr 2010 14:10:06 +0300

New prices for petrol. Several Moldovan oil companies increased the price by 40-50 bani, this being the forth cost increase from this year. The reason is that international markets maintain high oil prices.

The construction materials are becoming more expensive

Sat, 17 Apr 2010 13:33:07 +0300

The construction materials are getting more expensive. After the government exclude it from the list of the social-important products. In a week, the slate got more expensive by 17 lei.

Natural gas price raise could be the last one this year

Fri, 16 Apr 2010 10:37:03 +0300

The price raise in the gas delivered by “Moldovagaz” to the final consumers, could be the last one this year.

In winter, we shall pay over 800 lei for heating

Fri, 16 Apr 2010 10:32:21 +0300

The rising costs for natural gas will increase the heating tariff to 843 lei per gigacalorie, more by 20% in comparison with heating season 2009-2010.

Modification in municipal budget: 50 million lei, redirected

Fri, 16 Apr 2010 08:22:13 +0300

50 million lei from the municipal budget, which were previously designated to building a locative block for socially disadvantaged people, are now distributed for road repairs in Chisinau.

Wall Mart – is again the first

Fri, 16 Apr 2010 01:31:31 +0300

The Wall Mart shop network is back on the first place in the charts of the 500 most profitable American companies, surpassing last year’s leader Exxon Mobil. On the third place according to the Fortune magazine, is Chevron.

Average industrial costs increased with 10%

Thu, 15 Apr 2010 17:31:49 +0300

The average costs of industrial production increased in March 2010 with 10.2% compared to the same month of 2009, according to the National Statistics Bureau.

Ghimpu: Solving economical litigations, by court of arbitration

Thu, 15 Apr 2010 17:17:52 +0300

The examination of commercial litigations in court usually takes a long time, while in court of arbitration this period can be considerably reduced”, declared Mihai Ghimpu.

Moldovan banking system intoxicated by unperforming credits

Thu, 15 Apr 2010 16:27:30 +0300

The Moldovan banking system is “intoxicated” by unperforming loans, which represent 17.8% of the total amount of credits. This is one of most worrying crisis’ effects that will affect the profitability of Moldovan banks in the future.

Lei is depreciating again

Thu, 15 Apr 2010 15:11:18 +0300

National coin depreciated this week by almost 50 bani, after rising during Easter holidays with almost 1 lei.

Moldova will suffer as a result of debts` crisis from Europe

Thu, 15 Apr 2010 14:10:26 +0300

Moldova will suffer as a result of debts` crisis from Greece, Portugal and Spain. Experts state that economical situation from those countries will reduce the demand for Moldovan products, and Moldovan emigrants could remain without jobs.

Moldova will be awarded at Washington for reforms

Thu, 15 Apr 2010 11:46:38 +0300

Moldova is among the reforming countries which will be awarded at Washington for the actions taken in order to improve the business environment.

Israel: A couple came masked after the big prize

Thu, 15 Apr 2010 00:49:31 +0300

An Israeli couple, winner of the biggest Jack Pot from the history of the national lottery, came to pick up their prize, covering their face will carton masks, announced BBC News.

NAER’s position regarding gas mark-up request

Wed, 14 Apr 2010 18:27:56 +0300

The National Agency for Energy Regulation already has an opinion regarding Moldovagaz’s request to increase the price of natural gas with 14%. The Agency will have a meeting by the end of the week to discuss the issue of gas prices.

Currency reserves of NBM decreased by 16 million US dollars

Wed, 14 Apr 2010 16:16:07 +0300

Currency reserves of NBM decreased by over 16 million US dollars within 3 months. This reduction was mainly caused by payments for external debts and negative fluctuation of dollar against other currencies.

According to experts, costs will increase by 10% this year

Wed, 14 Apr 2010 14:02:39 +0300

In 2010, we could have higher prices than those predicted by authorities. Experts from IDIS “Viitorul” estimate 10% inflation this year, as compared to the level of 5% forecasted by National Bank of Moldova.

Moldova will produce biogas from sugar beet

Wed, 14 Apr 2010 12:57:05 +0300

Moldova will have a plant for producing biogas from sugar beet. It will be built in Drochia until year 2012 following an investment of 10 million Euro made by "Südzucker Moldova" company.

Oil demand to hit record high in 2010

Tue, 13 Apr 2010 21:10:00 +0300

The oil market will reach a historical maximum this year, largely because of the economic recovery. Thereby, the world oil demand will grow to 1.67 million barrels per day (bpd).

Losses of millions at “Moldova-Film” because of bad management

Tue, 13 Apr 2010 17:30:37 +0300

The studio “Moldova-Film” registered losses of 10,7 million lei during years 2005-2009, due to the lack of legal framework regarding the use of financial resources in cinematography, as stated by an audit of Court of Accounts.

Moldova` s external debts represent 937,2 million US dollars

Tue, 13 Apr 2010 15:17:28 +0300

At the end of March, Moldova` s external debts constituted 937,2 million US dollars, a decrease of 20,6 million US dollars as compared to the beginning of year 2010, according to data of Ministry of Finance.

Moldova imported products worth 450 million USD in two months

Tue, 13 Apr 2010 13:18:02 +0300

Moldova is importing products worth 450.7 million USD per year in the first two months of the year, by 1.9% less than the same period of the last year, according to National Statistics Bureau (NSB).

New energetic sources discovered in Israel

Tue, 13 Apr 2010 02:41:11 +0300

In the Lebanese shore, which is include the east of the Mediterranean Sea (the shores of Israel, Syria and Lebanon), biggest gas reserve was discovered, according to American geological Service website (USGS) cited by Lenta.

USA: In 2009 each fifth plane was late

Tue, 13 Apr 2010 00:06:21 +0300

According to the data of two researchers of two American universities, during 2009, in 79% of cases the planes got to their destination points on time, according to lenta. Therefore, 14 out of 18 monitored companies, have progressed by 3,4 percents.

Regular flights between Moldova and Ukraine resumed

Mon, 12 Apr 2010 15:06:24 +0300

After a 4-year pause, flights between Moldova and Ukraine will be resumed, informs RBC.ru, citing Ukrainian airline Aerosvit press office.

Greece to receive 45 billion Euro from UE and IMF

Mon, 12 Apr 2010 12:27:30 +0300

EU and International Monetary Fund reached a common agreement about the financial volume of aid Greece needed to overcome the deficit and pay obligations, Bloomberg agency reported.

Children`s footwear, detergents and building materials

Fri, 09 Apr 2010 16:15:32 +0300

Children's footwear, detergents and building materials could get more expensive, after the government has decided to exclude them from the list of socially-important items, for which the trade margins should not exceed 20%.

Russia reimbursed Moldovan wine claiming it was cloudy

Fri, 09 Apr 2010 13:57:56 +0300

The 47 tons of Moldovan wine have been recently reimbursed by Russian Service Rospotrebnadzor, as it was cloudy.

Japan sends Moldova 73 tractors

Thu, 08 Apr 2010 17:30:01 +0300

Moldova received 73 tractors, valued at 1.7 million $, thanks to the Japanese Assistance Project for unprivileged farmers (2KR).

Moldovan exports increased by 16%

Thu, 08 Apr 2010 15:33:49 +0300

In the first two months of 2010, Moldova exported goods amounting to over 195 million US dollars, more than by 16% as compared to same period of last year, show the data of National Bureau of Statistics.

Penal file for fiscal fraud inside “Andy’s Pizza” and “La placinte”

Thu, 08 Apr 2010 12:38:00 +0300

The restaurant and coffee shop net “Andy’s” and “La placinte” is penal investigated for fiscal fraud.

„Rospotrebnadzor”: Moldova isn’t interdicted to export wines

Wed, 07 Apr 2010 17:52:20 +0300

Russian sanitary service hasn’t imposed any restrictions regarding the Moldovan wine exports in Russian Federation. This declaration was made today by the Rospotrebnodzor head Ghenadii Onishchenko.

Negruta guarantees: “Moldova can assimilate 2,6 billion US dollars`

Wed, 07 Apr 2010 13:45:42 +0300

“Moldova can assimilate 2,6 billion US dollars granted by external donors”, declared for the press minister of Finance, Veaceslav Negruta.

Big size fiscal fraud at “Andy’s Pizza” and “La placinte”

Wed, 07 Apr 2010 12:35:44 +0300

Centre for Combating Economical Crimes and Corruption (CCECC) announced taht is found a big sized fraud inside the restaurant net “Andy’s Pizza” and “La placinte”.

Negruta:The decrease of external debts is not due to former governance

Wed, 07 Apr 2010 11:36:58 +0300

“The decrease of external debts in the last several years is not due to former governance. It decreased in relation to GDP that has increased in nominal values because of the remittances of the Moldovans working abroad”, declared Minister of Finance.

Compensations for tariffs` increase, distributed starting from today

Tue, 06 Apr 2010 16:16:01 +0300

Compensations for tariffs` increase, distributed starting from today, stated minister of Finances, Veaceslav Negruta.

Apartments` costs, stable for 4 months – 653 euro/sq.m.

Tue, 06 Apr 2010 13:25:44 +0300

The average price of Chisinau apartments remained unchanged in March and amounted to 653 Euro per square meter, show the data of “Lara” real estate stock.

Russia, unpleased again by the Moldovan wines

Tue, 06 Apr 2010 11:43:48 +0300

Russian service for consumer’s right protection, Rospotrebnadzor, discovered at the border 47.000 liters of Moldovan wine which didn’t fulfill the quality conditions, according to Russian press.

Remittances represent 15% of Moldovans’ incomes

Tue, 06 Apr 2010 10:56:55 +0300

The money transfer from outside the country in 2009 was 16% from Moldovans’ income, by 3% less compared to 2008, according to National Statistic Bureau.

Two North-Korean officials shot because of monetary reform failure

Mon, 05 Apr 2010 19:53:26 +0300

Pyongyang authorities killed two officials blamed for the failure of monetary reform, albeit only one execution was previously announced.