Minister of Energy of Ukraine German Galushchenko has signed an order to establish a working group on debt repayment in the electricity market. The group is to promptly develop an effective mechanism for balancing the financial condition of electricity market participants, in particular the transmission system operator, producers of electricity from alternative sources for which…
Since the launch of the Ukrainian sea corridor, 18 million tons of cargo, including 12.7 million tons of agricultural products, have been exported through Ukrainian ports to 32 countries. This was announced by Yuriy Lytvyn, the head of the state-owned enterprise “Ukrainian Sea Ports Authority (USPA)”. “The undoubted achievement of 2023 was the launch of…
Prime Minister Dorin Recean and his Hungarian counterpart Viktor Orban, at a meeting in Budapest, discussed possibilities of attracting new investments in Moldova, consolidate the cooperation in the priority sectors and the implementation of the reforms, which ensured the welfare of the citizens. The prime minister of Hungary informed about the resumption of the Chisinau-Budapest…
Recent data released by the Bulgarian National Bank (BNB) reveal a significant uptick in both deposits and loans during December 2023, signifying positive economic dynamics in the country. Non-financial corporations saw a noteworthy increase in deposits, amounting to BGN 43.829 billion, marking a substantial 9% surge compared to the same period in the previous year.…
The overall state budget revenues in 2023 amounted to more than 64.6 billion lei (about 3.23 billion euros), up by 9% YoY. The Finance Ministry unveiled information to this effect on January 26. The collections from the revenues administered by the State Fiscal Service (SFS) represent about 27.5 billion lei and from those managed by…
On January 25, representatives of the European Union visited the Ministry of Education and Science of Ukraine to agree on further support for Ukraine in building shelters for educational institutions. The event gathered together: Katarina Mathernova, Ambassador of the European Union to Ukraine, Gabrielius Landsbergis, Minister of Foreign Affairs of Lithuania, Oksen Lisovyi, Minister of…
On January 23, Ministry of Finance raised more than UAH 6 billion to the state budget at an auction for the placement of domestic government bonds. The press service of the Ministry of Finance said this in a post on Facebook. “Today, the Ministry of Finance placed bonds worth more than UAH 6 billion in…