On January 30, the EU and the Ukrainian Government officially launched a program for households to exchange incandescent light bulbs for LED lamps. This is another step taken by the Government of Ukraine to overcome the energy crisis caused by russian missile strikes. The program provides for replacement of up to 50 million incandescent light…
An annual report by the European Bank for Reconstruction and Development on Monday said the institution offered a total of EUR 218 million to Georgia in 2022, with investments ranging from healthcare to energy efficiency and from financing for small and medium-sized enterprises to credit lines to local banks and trade. Catarina Bjorlin Hansen, the…
Poland’s plan to spend as much as 4% of its GDP on defence this year may be the most ambitious among all NATO member states, Mateusz Morawiecki, the Polish prime minister, has said. The Prime Minister and the defence minister, Mariusz Blaszczak, visited the 18th Mechanised Division in Siedlce, eastern Poland, on January 30. Morawiecki…
The road traffic on a bridge nearby the Hrusova settlement, central Criuleni district, on January 30 was opened, after the bridge had been capitally repaired. The bridge is of strategic importance for the network of national roads. It is part of the M1 international highway, which makes connection between the border with Romania and the…
There is a slight rise in firms planning wage hikes in the coming quarter despite a drop in wage pressure, the National Bank of Poland (NBP) wrote on January 30 in a report. The number of firms planning to increase wages in the coming quarter increased slightly despite a drop in wage pressure, the National…
Parliament Speaker Igor Grosu in Ankara has discussed with Minister of Trade of Turkey Mehmet Mus, member of the board and treasurer of TOBB – Union of Chambers and Commodity Exchanges of Turkey – the biggest chamber of commerce from Turkey, which includes more than 1 million companies. The discussions took place in the context…
The value of venture capital (VC) investment in Poland remained unchanged in 2022, defying global declining trends. “In 2022, the Polish VC market slowed down but maintained a value of transactions that was close to the previous year,” the state-owned VC vehicle PFR Ventures and private firm Inovo VC said in a joint statement on…