An emergency situation has arisen at the Chernobyl Nuclear Power Plant as a result of a Russian attack on energy infrastructure in Slavutych, Kyiv region, and the plant is now in a blackout. This was reported by the Ministry of Energy on Facebook. “As a result of power surges, the New Safe Confinement, which is…
The Baltic States must urgently agree on a clear financing model for the joint venture AS RB Rail, otherwise the oversight of the Rail Baltica project is at risk, company CEO Marko Kivila and CFO Ojars Daugavietis has told LETA in an interview. Kivila emphasized that this year the company’s budget had essentially not changed,…
The government will continue providing energy aid to Slovak households in 2026 to help them cover bills for electricity, natural gas and heating. Unlike in previous years, the aid will now be targeted and provided only to households deemed to be in need, the government claims. Which households will qualify has not yet been determined.…
Lithuania’s new government has pledged to raise pensions and child benefits as part of its program to combat poverty, but lawmakers and anti-poverty organisations warn the measures may be insufficient without broader increases in social spending. Social Security and Labour Minister Jurate Zailskiene acknowledged that poverty in Lithuania was declining slowly. She said the government…
On October 1, Ukraine received a EUR 4-billion tranche from the European Union under the G7 Extraordinary Revenue Acceleration for Ukraine (ERA) initiative. In total, within the ERA instrument, the Ministry of Finance has already attracted EUR 14 billion from the EU, out of the EUR 18.1 billion foreseen. The remaining funds are expected to…