Poland: government to support energy-intensive companies to tune of EUR 1.11 billion

The Polish government has agreed to trade unions’ demands to offer further support to energy-intensive companies this year amid an ongoing energy crisis. Prices of energy commodities rose after Russia invaded Ukraine in February 2022 causing a number of energy-intensive Polish companies to struggle with energy costs. The agreement between the government and the Solidarity…

Moldova: rehabilitation works of M3 Chisinau-Giurgiulesti road close to completion

Until late July, the rehabilitation works of M3 Chisinau-Giurgiulesti road, Sector 2, will be completed, the State Road Administration (ASD) has reported. According to the institution, currently, the application of road markings, the installation of road signs, the sowing of grass, the construction of rainwater drainage channels are being completed. The project is divided into…

Ukraine: Lviv Airport to be reopened as part of “humanitarian corridor”

The Danylo Halytskyi Lviv International Airport can resume its operations within a humanitarian corridor initiative. This was announced by the head of the Lviv Regional Military Administration, Maksym Kozytskyi, after Deputy Prime Minister for Reconstruction, Minister of Development of Communities, Territories and Infrastructure Oleksandr Kubrakov and EU Commissioner for Transport Adina-Ioana Valean signed the Connecting…

Poland: rapid decline in inflation to continue

Adam Glapinski, the governor of the National Bank of Poland (NBP), has said that inflation is falling, as predicted in forecasts, and that this process will continue. “As we predicted in the projection, inflation is definitely falling,” Glapinski confirmed during a press conference on June 7, a day after the NBP’s Monetary Policy Council decided…