Ask anybody in Moldova about the country’s most-popular attractions and they’ll likely mention Moldovan wineries, including the Cricova Wine Cellars, located about half an hour’s drive from…

Anna Akhalkatsi |

Photo: The central square of the old town. Brasov. Transylvania. By Ann Stryzhekin/ Shutterstock When U.S. Commodore Matthew Perry arrived in Yokohama in 1854, it was a backwater village in Japan…

Marcel Ionescu-Heroiu, Yuko Okazawa |

What happens if you have a legal problem but you can’t afford a lawyer?
In Serbia, we are one step closer to answering that very question. We’ve developed a guide to help ordinary citizens…

Georgia Harley, Elaine R.E. Panter, Milan Antonijevic |

We all have regular bills to pay for the ubiquitous services we consume – whether they be for utilities (water, heating, electricity etc.), credit cards, memberships, or car payments.  But, not…

Georgia Harley, Svetozara Petkova |

After a two-year hiatus, the World Bank provided much-needed budget support to Moldova in November 2016. That disbursement of $45 million reflected our confidence that the Government and the…

Alex Kremer |

Numbers don’t lie. That’s why, in our day-to-day lives, we rely heavily on numbers from household surveys, from national accounts, and from other traditional sources to describe the world around…

Giorgia DeMarchi |

In 1991, the World Bank Group opened its resident office in Bucharest and this November we will celebrate 25 years of continued presence in Romania. Romania joined the World Bank in 1972, yet it…

Elisabetta Capannelli |

The first day of October turned out to be quite nice in Chisinau, despite the dismal weather forecast that had threatened low temperatures and rain showers. On this bright, sunny Saturday, a…

Boris Ciobanu |

For the first time in history, the number of people living in extreme poverty has fallen below 10%. The world has never been as ambitious about development as it is today. After adopting the…

Sri Mulyani Indrawati |

The former Yugoslavia was mainly known for its not-so-successful and cheap cars, primarily the Yugo. In its review of the 50 worst cars of all time, Time magazine referred to the Yugo GV as the “…

John Mackedon, Lazar Šestović |