Bulgaria is undergoing a shift toward becoming a net importer of electricity, driven by economic considerations, warns energy expert Krassimir Manov. Manov emphasized that despite the nation’s existing energy capacities, domestic production lacks competitiveness in the market. The current strategy favors importing electricity from neighboring countries, a practice once reversed. Until recently, Bulgaria supplied electricity…
Poland’s core inflation, excluding food and energy prices, measured 6.9% YoY in December 2023, down from 7.3% recorded in November 2023, Poland’s central bank (NBP) announced in a statement. On a monthly basis, the central bank also said that Poland’s core inflation edged up to 0.3%, up from the flat result 0.0% recorded in November…
The Ministry of Agriculture and Food Industry (MAIA) has announced that the first call for applications for grants offered by the Agriculture Governance, Growth and Resilience Investment Project (AGGRI) has been opened. The maximum amount of a grant reaches $1 million, provided that the amount does not exceed 50% of the value of the eligible…
Ukraine and Romania are working to launch two new cargo checkpoints on their common border, the State Agency for the Restoration and Development of Infrastructure of Ukraine reports. Representatives of the Restoration Agency and the State Customs Service of Ukraine discussed the issue of building checkpoints on the common border with the Ambassador Extraordinary and…
Under the USAID Agricultural and Rural Development (AGRO) program, Ukrainian enterprises that provide services for processing and storage of agricultural products will receive up to UAH 270 million in co-financing for the development of grain storage capacities, the Ministry of Agrarian Policy and Food reports. “The USAID Agricultural and Rural Development (AGRO) program will support…
The Agriculture and Food Industry Ministry (MAIA) informed that a group made up of 15 Moldovan farmers had sent the first consignment of peanuts to Italy. The farmers, guided by specialists of the Euroalun (Euro-peanut) organization, managed to observe the requirements of the buyer and to deliver about 23 tons of peanuts. “This is the…
Poland’s Consumer Price Index (CPI) stood at 6.2% YoY in December 2023 against the 6.1% predicted in a previous flash estimate, the Central Statistical Office (GUS) reported on January 15. The CPI inflation in November 2023 was 6.6%. Consumer prices in December 2023 increased by 6.2% (with an increase of prices of services by 8.2%…