Polish Prime Minister Donald Tusk has warned that there could be a desire to restore economic ties with Russia after the war in Ukraine ends, including by resuming the controversial Nord Stream 2 gas pipeline, writes Politico. At a time when there is renewed talk of a diplomatic end to the war, Tusk called calls…
Estonia has allocated EUR 150,000 to support Ukraine’s energy system and the Energy Support Fund. Estonian Foreign Minister Margus Tsahkna announced this during a joint press conference with his Ukrainian counterpat Andrii Sybiha in Kyiv. Tsahkna noted that Russia was carrying out brutal attacks on Ukraine’s energy infrastructure ahead of winter, terrorizing civilians. In this…
Minister of Defence of Ukraine Denys Shmyhal met with the German delegation headed by Federal Minister for Economic Affairs and Energy Katherina Reiche. The delegation also included representatives of German energy and defence companies. “The previously announced EUR 9 billion in assistance will significantly strengthen Ukraine’s capabilities next year,” stated Denys Shmyhal, thanking Germany for…
Lithuanian arms and ammunition manufacturers are urging the government to order more locally produced weapons, arguing that excessive bureaucracy and a preference for Western suppliers are stifling the country’s defence industry. Domestic producers say that while Lithuania increasingly tests its homegrown weapons in Ukraine, the government remains focused on attracting large foreign defence companies to…
The Lithuanian economy is growing faster than the Estonian economy, and the Lithuanian government has been bolder in stimulating the economy with tax reliefs, according to a new report by the Foresight Center, an independent think tank based at the Riigikogu. In the last three years, the Lithuanian economy has grown faster than the Estonian…
Germany is contributing EUR 60 million to the Ukraine Energy Support Fund to strengthen the resilience of our critical infrastructure. The funding will help speed up the delivery of generators, energy equipment, and mobile thermal power plants. Prime Minister of Ukraine Yulia Svyrydenko thanked German Minister for Energy, Katherina Reiche, for this decision at a…
From 2023 to 2025, more new companies and sole proprietors (SPEs) will be registered in the logistics and transport sector in Ukraine than will be closed, although the trend is uneven. This is according to data from the YC.Market analytics system. As of early October, the total number of companies and SPEs in the logistics…