Poland’s president on November 2 signed into law bills capping energy prices for households, SMEs and local governments, as Poles and Polish businesses braced themselves for high energy bills during the winter months. Andrzej Duda also signed a law a bill on regulating coal distribution by local governments. Under the price cap law, households, which…
Moldova will benefit from financial support provided by the United States for strengthening the energy security. The parliament’s commission for foreign policy and European integration on November 2 gave a positive notification to initiating negotiations on the signing of the 14th Amendment to the agreement on assistance concluded between the governments of the two countries.…
Poland’s GDP will contract by 0.2% YoY in 2023, according to the credit ratings agency Moody’s. In a report published on November 1, Moody’s wrote the contraction would stem from a decline in domestic demand and the troubles of Poland’s main trading partners filtering down to affect the Polish economy. “While we expect Poland to…
The budget of the EU4Moldova project, meant for strengthening the capacity to respond to the COVID-19 emergency situation in the public health sector and the institutional capacity for the implementation of the Association Agreement, will be increased by 138,328 euros. The Cabinet, at a meeting on November 2, approved the draft on starting negotiations and…
Koba Gvenetadze, the governor of the national bank of Georgia, on November 2 said the financial institution expected domestic inflation to begin to decline from February and approach the target level in the second half of 2023. Gvenetadze warned if inflation exceeded expectations, the development would lead to a wage-price spiral – a prolonged loop…
Ukrainian Energy Minister German Galushchenko and European Commissioner for Energy Kadri Simson have discussed the security of energy supplies amid the war. The relevant statement was made by the Ukrainian Energy Ministry on Facebook. “The high-level dialogue, Ukraine-EU Strategic Energy Partnership, was held in Kyiv with the participation of Ukrainian Energy Minister German Galushchenko and…
The Ministry of Foreign Affairs pursues active work with international partners to restore Ukraine’s energy infrastructure, damaged as a result of Russian missile terror. Agreements have already been reached with the governments and companies from 12 countries. This was announced by Minister for Foreign Affairs Dmytro Kuleba. “Ukrainian diplomats are in constant contact with their…