Latvia: port competitiveness must be strengthened immediately

Latvia’s Economy Minister Viktors Valainis met with representatives of the Latvian Stevedoring Companies Association on June 10 to discuss key challenges facing the port sector, opportunities for attracting investment, port governance reform, the competitiveness of Latvia’s transit corridor, and support instruments for business development, the Ministry of Economics reported. The discussions focused particularly on the…

Ukraine: EUR 236 million in loan financing guaranteed by Sweden received under World Bank project

Ukraine has received EUR 236 million in loan financing under the World Bank’s PEACE in Ukraine project (“Public Expenditures for Administrative Capacity Endurance”). The financing was provided by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Government of the Kingdom of Sweden. The funds have been directed to the general…