The Ministry of Economy, together with international partners, has agreed to launch the Ukraine Recovery Guarantee Facility, which will help provide war risk insurance to the private sector. The programme will initially focus on trade insurance, but will later be expanded to include investment insurance. This was stated in a multilateral letter of intent signed…
The European Commission announced this week that the next phase of Rail Baltica in Estonia, Latvia and Lithuania would receive EUR 928 million from the Connecting Europe Facility (CEF). With this decision, the European Union is also supporting the modernization of air traffic management and the purchase of a new icebreaker as efforts related to…
The endowment of the social institutions and public spaces, the exodus of young people from rural settlements, the lack of streets’ illumination and of the water and sewerage networks, as well as the need to rehabilitate the local and regional roads have been just some of the subjects discussed by Prime Minister Dorin Recean at…
Poland’s retail sales decreased in real terms by 6.8% YoY and by 1% MoM in May, the Central Statistical Office said on Jne 22. Economists polled by PAP expected May’s retail sales to fall in real terms by 5.6% YoY and to grow by 0.6% MoM. In current prices, retail sales increased by 1.8% YoY…
The Ministry of Energy of Ukraine and the UK Foreign, Commonwealth & Development Office (FCDO) have signed a memorandum on the Energy Partnership between the two countries. The document was signed by German Galushchenko, Minister of Energy of Ukraine, and Leo Docherty, Parliamentary Under Secretary of State for Europe at the Foreign, Commonwealth & Development…