The Government has decided to extend the PSO for electricity until the end of April next year. This was announced by Prime Minister Denys Shmyhal. “As promised, the price of electricity for household consumers will remain at UAH 2.64 per kWh. This will allow us not to increase the burden on family budgets during the…
Poland’s Ministry of Finance is planning for a draft law on payment suspension for mortgage holders to enter into force from March 1, 2024, the ministry has said in a letter to the bill’s consultants. The mortgage moratorium scheme was intended to help mortgage owners whose monthly installments skyrocketed due to rapidly rising interest rates.…
The Harmony Link power interconnection between Lithuania and Poland will be built on land and will run alongside the European standard-gauge railway Rail Baltica, Energy Minister Dainius Kreivys has said. “It has now been agreed that Harmony Link will be built on land, rather than at sea, alongside the Rail Baltica tracks,” Kreivys said. This…
The overall state budget revenues amounted to 56.7 billion lei (2.8 billion euros) in January-November, up by 8.4% YoY. The Finance Ministry unveiled figures to this effect on December 27. Collections from the revenues managed by the State Fiscal Service stand at about 24.3 billion lei and the ones managed by the Customs Service –…
The Government approved the National Revenue Strategy for 2024-2030 expected to become a key element for strengthening the economy and financial system in Ukraine. The strategy was prepared by the Ministry of Finance jointly with other ministries and agencies, with the participation of business representatives, as well as following consultations with international development partners, including…