Councilors in the capital have made changes to Chisinau City Hall’s budget in terms of revenue and expenditure. The interim head of the General Finance Directorate of the Chisinau City Hall, Olesea Psenitchi, requested during a meeting of the Chisinau Municipal Council on April 27 to make changes to the capital’s budget. Thus, the revenues…
Ministry of Welfare offers giving pensioners in Latvia another single-time benefit in December, according to the ministry’s presentation published on the Saeima’s website regarding proposals for compensation of energy price rise for households. Pensioners whose pension is under EUR 300 are proposed to be given a EUR 200 bonus, whereas for pensioners whose pension is…
This year’s economic growth is expected to reach 3.8%, while annual inflation is to amount to 9.1%, according to a Finance Ministry macroeconomic forecast published on April 26. The government approved a multi-year financial plan for the years 2022-2025, part of which was an updated convergence program to be handed over to the European Commission…
Europe is facing sunflower oil shortages. Similarly to British supermarkets, Lidl likewise imposed purchase limits on cooking oil in its Estonian stores, but had since lifted them. The shortage and price increase on cooking oil, however, has put several Estonian food industry businesses in a bind. Until recently, Lidl had imposed a limit of five…
The West is ready to contribute to the long-term strengthening of Ukraine’s armed forces, Lithuanian Defence Minister Arvydas Anusauskas has said following a US-initiated allied meeting in Germany. “It is difficult to expect a quick end to this war, we are, therefore, determined to fully contribute to the long-term strengthening of Ukraine’s armed forces. Together,…
The United Kingdom announced the decision to reduce all tariffs to zero and remove all quotas on imports of Ukrainian goods thus saving thousands of jobs during the war. “I am grateful to the United Kingdom and personally to Prime Minister Boris Johnson for his prompt and positive response to our request for trade liberalization.…
As of April 25, the balance on the special fundraising account the National Bank of Ukraine (NBU) opened to support the Armed Forces of Ukraine totals over UAH 45 million. Overall, the NBU has already transferred almost UAH 15.4 billion to meet the needs of the Ukrainian military. In addition, the balance on the special…