Baltic States: defense spending must be 4-4.5% of GDP

Meelis Oidsalu, a security expert, criticized the NATO summit’s decision on Ukraine and the alliance’s failure to begin contributing more to Ukraine’s defense. Oidsalu was also rather critical of Estonia’s defensive capabilities. “When I listened to the press conference of NATO Secretary General Jens Soltenberg and especially his responses to the confused Ukrainian journalists’ questions…

Moldova: over 200 companies to benefit from grants through new World Bank program

Over 200 companies of Moldova will benefit from non-refundable financing offered under the Micro, Small and Medium Enterprise Competitiveness Project, supported by the World Bank. It has a budget of $50 million and will be implemented in 2023-2027. From the total budget of the project, through the co-financing mechanism for improving export competitiveness, implemented by…

Ukraine: French state bank to insure business in Chernihiv region

The State Investment Bank of France is ready to provide insurance guarantees to its businesses operating in Ukraine’s Chernihiv region, Pierre Heilbronn, French President’s Special Envoy for Aid and Reconstruction in Ukraine, has said at a meeting with acting Chernihiv Mayor Oleksandr Lomako, Chernihiv City Council reports. French President’s Special Envoy for Aid and Reconstruction…

Ukraine: over 1,400 applicants receive financial assistance under eVidnovlennia programme

Ukrainians have submitted nearly 25,000 applications to repair damaged homes under the eVidnovlennia (eRecovery) programme. This was announced by Prime Minister Denys Shmyhal. “I am grateful to the communities that promptly set up commissions and verify the damage quickly. This allows Ukrainians to repair their homes before the winter,” the Head of Government noted. According…