Ukraine is increasing its electricity exports. While in February the country sold 64,000 MWh of electricity to its neighbours, in just 6 days of March it sold 57,000 MWh. In addition, if necessary, surplus electricity was transferred as emergency aid to neighbouring Poland. This became possible thanks to the largest repair campaign at energy facilities…
The Government has approved a procedure for the use of funds for partial compensation to farmers who buy Ukrainian agricultural machinery. This was announced by Prime Minister Denys Shmyhal during a Government session. “Our priority is to support Ukrainian producers in all areas. This year, we allocate UAH 1 billion for a programme of partial…
President Maia Sandu has discussed Moldova’s future in EU, the economic cooperation and concrete initiatives for strengthening the country’s security during her working visit to France. Following the discussion with President Emmanuel Macron, the head of state said: “France and President Macron personally are among the closest supporters of Moldova”. The two heads of state…
Poland’s parliament has voted overwhelmingly in favour of suspending the country’s participation in an international treaty limiting the size of military forces in Europe that has been in place since 1990. The move is part of a wider NATO decision to suspend the operation of the Treaty on Conventional Armed Forces in Europe (CFE) in…
The National Statistical Institute (NSI) released preliminary data revealing that Bulgaria’s gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023. This expansion marks a slowdown compared to the 3.9% growth recorded in the previous year, according to aggregated quarterly data. In 2023, Bulgaria’s GDP reached a nominal value of…
Inflation in Estonia seems to be running higher than is the case in Latvia and Lithuania, SEB Pank analyst Mihkel Nestor says. Inflation in Estonia ran at 4.2% YoY in February, a significant rise, though between January and February, perhaps a more useful comparison than the year-on-year, derivative-of-a-derivative figure, there was little change. Nestor pointed…
More than 14,000 entrepreneurs have received grants to start or develop their businesses under the Government’s eRobota project. In total, the state has invested UAH 7.1 billion in entrepreneurship through grants since the start of the project. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.…