Ukraine: unblocking border discussed with Poland

Oleksandr Kubrakov, Deputy Prime Minister for Restoration, Minister for Communities, Territories and Infrastructure Development, held a conversation with Dariusz Klimczak, Minister of Infrastructure of Poland, on unblocking the border. The key topic of the talks was the signing of an agreement between the Ministry of Infrastructure of Poland and Polish protesters to open the border,…

Ukraine: government working to launch Ukraine Development Fund and other instruments to attract investment

Despite the war, Ukraine’s economy is growing. Investors are increasingly investing in business in Ukraine. Work is continuing on the Ukraine Development Fund and other instruments to attract investment. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, during her speech at the “CEOs for Ukraine” panel discussion…

Bulgaria: country opts for electricity imports

Bulgaria is undergoing a shift toward becoming a net importer of electricity, driven by economic considerations, warns energy expert Krassimir Manov. Manov emphasized that despite the nation’s existing energy capacities, domestic production lacks competitiveness in the market. The current strategy favors importing electricity from neighboring countries, a practice once reversed. Until recently, Bulgaria supplied electricity…

Poland: core inflation down in December 2023

Poland’s core inflation, excluding food and energy prices, measured 6.9% YoY in December 2023, down from 7.3% recorded in November 2023, Poland’s central bank (NBP) announced in a statement. On a monthly basis, the central bank also said that Poland’s core inflation edged up to 0.3%, up from the flat result 0.0% recorded in November…

Ukraine: USAID to provide up to UAH 270 million for grain storage program

Under the USAID Agricultural and Rural Development (AGRO) program, Ukrainian enterprises that provide services for processing and storage of agricultural products will receive up to UAH 270 million in co-financing for the development of grain storage capacities, the Ministry of Agrarian Policy and Food reports. “The USAID Agricultural and Rural Development (AGRO) program will support…