The cash payments will be limited. The parliament has approved, in the second reading, a draft law, which provides for norms on the circulation of cash money in the economic circuit and orientation to the carrying out of payments by transfer. The draft’s stipulations will be applied to the legal entities, no matter the type…
A price war between Poland’s two largest supermarket chains has intensified after a court asked bailiffs to seize adverts by Biedronka claiming that it has been “cheaper than Lidl since 2002”. The battle between the two giants over the last month has aroused great public interest, including spawning a series of memes. But it has…
The European Bank for Reconstruction and Development (EBRD) is interested in contributing to the restoration of Kherson and Mykolaiv regions significantly affected by the war. This was discussed during a meeting between Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, and Odile Renaud-Basso, President of the EBRD, in London. “We are…
The European Network of Transmission System Operators for Electricity (ENTSO-E) has increased the maximum capacity limit on Ukraine’s electricity exports to 550 megawatts. The relevant statement was made by Ukrenergo National Power Company Management Board Chairman Volodymyr Kudrytskyi on Facebook. “Starting from March 1, the maximum limit on the export of Ukrainian-produced electricity from Ukraine…
The government on February 28 approved the ratification of the Agreement on loan between Moldova and the European Bank for Reconstruction and Development (EBRD) on the carrying out of the Project V on rehabilitation of roads from Moldova. The agreement provides for contracting a loan worth 150 million euros. The sum represents 50% of the…
“Bulgargaz” suggests an 18% decrease in natural gas prices starting next month, potentially lowering costs for consumers to around BGN 58 per megawatt hour. The proposal was made during a public discussion with the Commission for Energy and Water Regulation, with the final decision expected on March 1. If approved, this reduction could offer relief…
In January, the value of mortgages issued in Poland exceeded 10 billion zloty (EUR 2.3 billion) for the first time in history, as the last of contracts eligible for a popular government subsidy scheme for first-time buyers were finalised. The figure was five times larger than in the same month a year earlier, while the…