Latvia: budget for 2021 lacks ambition

The proposed Latvian state budget for 2021 is sustainable, yet it lacks ambition, said Latvijas Banka’ President Martins Kazaks. “If I look at this story in general, I’m missing ambition”, evaluated the President of the Latvian central bank. Kazaks noted that, for example, the role of Riga in the Latvian economy had not been appreciated.…



Ukraine: EUR 300 million to be attracted from EIB to improve energy efficiency

The Cabinet of Ministers of Ukraine has adopted two resolutions to attract a EUR 300-million loan from the European Investment Bank (EIB) for energy efficiency, the Ukrainian Communities and Territories Development Ministry reports. The implementation of the resolution “On attracting a loan from the European Investment Bank for the implementation of Ukraine’s Public Buildings Energy…