The Government has passed a decision aimed at curbing the rise in electricity transmission tariffs, which are a significant component of the cost of electricity for the consumers. Prime Minister Yulia Svyrydenko announced during the session. “We have changed the mechanism by which Ukrenergo can purchase electricity to cover technological losses. Now the operator will…
Minister of Infrastructure Kuldar Leis (Reform) denied reports in the Latvian media that part of the Rail Baltic track would continue on the Russian gauge to save money rather than switching to European standard tracks. The railway connection running from Tallinn to the Polish border with the European gauge is expected to be completed across…
The latest assessment from the Organisation for Economic Co-operation and Development suggests that Bulgaria will maintain solid economic momentum this year, with GDP expected to rise by around 3%. According to the OECD’s new Global Economic Prospects report, growth will moderate in the following years, easing to 2.6% in 2026 and to 2.4% in 2027.…
Lithuania’s Competition Council has given Estonia’s Ekspress Grupp, the owner of the Delfi news portal, an additional month to sell the lrytas.lt news website, extending the deadline to January 7, 2025. Ekspress Grupp had asked regulators to push back the original December 7 deadline to meet the obligations imposed in connection with its acquisition of…
Ukraine’s Defence Minister, Denys Shmyhal, held a meeting in Kyiv with Slovenia’s Defence Minister, Borut Sajovic. The Minister of Defence of Ukraine expressed gratitude to Slovenia for its support across all key areas, including its participation in the PURL initiative. “This is a truly important initiative to strengthen our capabilities, above all in air defence.…
Ukraine’s key advantage is that it relies on the private sector and strives for complete localization in weapons production. This was stated by Defense Minister Denys Shmyhal at a specialized event, Brave1 Components, in Kyiv. “Our key advantage is that we rely on the private sector rather than state-owned enterprises. Politicians are poor managers for…
Electricity and gas prices for households will increase from January 2026, but the size of the rise will depend heavily on whether a household qualifies for the government’s energy-aid scheme (energopomoc). The regulator says that those receiving support will see only modest changes, while households without state assistance will face significantly higher bills. According to…