At a meeting on November 5, the Government approved a new programme of preferential lending to the defence industry. This was announced by Prime Minister Denys Shmyhal. “Enterprises that the Ministry of Strategic Industries considers to be of critical importance will be able to obtain a loan of up to UAH 500 million for up…
A recent analysis from the European Institute of Trade Unions, highlighted by the European Confederation of Trade Unions, reveals that low-wage earners in most EU countries spend at least a third of their monthly income on rent. This data come just before Dan Jorgensen’s hearing in the European Parliament, where he will be considered for…
Two agreements were signed that would see the European Union hand over more than EUR 1 billion in funding for the Rail Baltic infrastructure project, according to RB Rail. The initial funding announcement was made this summer, and now the agreement had been confirmed, Latvia’s public broadcaster LSM reported on November 5. The funding totals…
On November 5, Westinghouse Electric Company, Hyundai Engineering & Construction Co. and “Kozloduy NPP – New Powers” EAD signed a contract in Sofia to initiate engineering services for two nuclear reactors using Westinghouse’s AP1000(r) technology. The event was attended by Bulgarian Prime Minister Dimitar Glavchev, Energy Minister Vladimir Malinov, U.S. Ambassador Kenneth Merten and executives…
In October, the Ministry of Finance of Ukraine attracted a record amount from the issuance of government bonds – UAH 106.9 billion in equivalent (UAH 83.4 billion and $569 million). Wartime Bonds accounted for almost UAH 82.8 billion of the total volume of government bonds issued in October. The funds are used to meet the…