Poland: mortgage demand up in September 2023

The aggregate value of mortgage loan enquiries in Poland increased by 248.8% YoY in September, the Credit Information Bureau (BIK), a credit-scoring agency reported quoting requests for verification sent by commercial and cooperative banks. A total of 36,590 potential borrowers applied for a mortgage loan in September, compared to 13,580 a year earlier, an increase…

Moldova: government to rehabilitate North-South rail corridor with EBRD support

Valcinet-Ocnita-Balti-Ungheni-Chisinau-Cainari railway corridor, with a length of 446 km, will be restored thanks to a loan worth 23 million euros from the European Bank for Reconstruction and Development. The government approved the ratification of an Agreement in this regard on October 4. According to the government’s communication and protocol department, the financial means are to…

Bulgaria: sales of electric vehicles up in January-September 2023

12,000 electric cars have been registered in Bulgaria to date, which represents over 50% growth compared to 7,800 registered in 2022, Boryana Koleva, chief expert in the “National Transport Policy” Directorate of the Ministry of Transport and Communications, has announced. During the international forum “Be Renewable: Energy Evolution 2023” she also shared that the decarbonization…