While offshore wind farms are now almost certainly off the table in Estonia for the next decade or two, transmission system operator (TSO) Elering still plans to move forward with an undersea power link to Latvia via Saaremaa. The Ministry of Climate now acknowledges that the previously planned reverse auction-based subsidy model isn’t suitable for…
The Bulgarian National Bank (BNB) is launching the minting of Bulgarian euro coins this week, marking the start of the final stage in the country’s transition to the euro. This follows the formal approval of Bulgaria’s eurozone accession by the Council of the EU and the European Parliament. BNB Governor Dimitar Radev confirmed the development…
In response to the unprecedented challenges caused by the full-scale war, Ukraine and the World Intellectual Property Organization (WIPO) have signed a Memorandum of Understanding that deepens the strategic partnership between the state and the international community in the field of intellectual property (IP). The Memorandum of Understanding on IP Cooperation was signed by Oleksandr…
The Cabinet of Ministers of Ukraine, at its meeting on July 7, approved a new version of the Procedure for the implementation of the “Grants for Processing Enterprises” programme. A new strand has been introduced within the programme – grants for restoring production capacities for processing enterprises damaged by russia’s armed aggression. These enterprises can…
Due to low water levels in the Danube River, the ferry to Oryahovo stopped traffic. The river level is currently -14, while the ferry can operate at a level of at least -10. The situation is not unprecedented – it happens every summer, but this year the water level dropped earlier than usual, the Oryahovo-Beket…
The Government has allocated a subvention of UAH 446 million to regions for the development and establishment of veterans’ spaces, Prime Minister Denys Shmyhal has announced during a Cabinet meeting. The funds will be directed to Zhytomyr, Zakarpattia, Ivano-Frankivsk and Kyiv regions, as well as the Kremenchuk, Lutsk and Kryvyi Rih communities. “Co-financing with local…
On July 3, the Ministry of Economy of Ukraine held a public discussion of the first drafts of the Employment Strategy of Ukraine 2030. This strategic framework is intended to become a practical tool for economic development: to help reduce unemployment, expand access to work, and increase labor market flexibility. The main goal is to…