With 100 days to go before the planned synchronisation of the Baltic power grids with continental Europe, Energy Minister Dainius Kreivys does not expect Russian provocations against Lithuania. He points out that Moscow is also dependent on Lithuania energetically, as it is a transit country for gas and electricity going to the Russian region of…
For the first time, the money circulation in Bulgaria has surpassed 30 billion leva. According to the Bulgarian National Bank’s (BNB) publication “Overview of the Issue and Cash Activity”, the total value of banknotes and coins in circulation reached BGN 30 billion and 356 million as of the end of September. The number of banknotes…
Estonia, Latvia and Lithuania are all to blame for the problems with Rail Baltic because they have never agreed on the details, the chairman of the Latvian parliament’s investigative committee has said. It could also be reclassified as a military project. The Rail Baltic Research Committee of the Latvian Parliament is currently preparing its final…
The European Bank for Reconstruction and Development (EBRD) will allocate funds to upgrade the dual-voltage electric locomotive fleet, and Ukrzaliznytsia JSC will purchase 50 electric locomotives as part of this loan. The relevant statement was made by the Ukrainian Communities and Territories Development Ministry, following a meeting between the representatives of the ministry and the…
The Economy Ministry has published an updated guide with instructions and recommendations for entrepreneurs who are planning to implement investment projects worth at least UAH 12 million. The relevant statement was made by the ministry’s press service. “The updated guide explains in detail the requirements for investment projects and applicants, including the necessary documents and…
In the first half of 2024, household electricity and natural gas prices in Bulgaria ranked among the lowest in the European Union, according to recent data from Eurostat. Overall, electricity prices for EU households showed a slight decline in the first quarter of 2024 compared to the same period in 2023, while Bulgarian households benefitted…
According to the Latvian government, the Estonian-Latvian Rail Baltica link will be built during the last phase of construction, with the entire route on track to be completed until 2030. Estonian Minister of Infrastructure Vladimir Svet (SDE) says a big problem for the Latvian section of the project is the desire to build an additional…