One of Poland’s leading banks has faced a backlash after it emerged that many of its Ukrainian account holders are exempt from an increase in fees for other customers. The bank notes, however, that those accounts are held by refugees who are protected by Polish and EU regulations from such fees. This week, mBank, owned…
On March 26, the Cabinet of Ministers of Ukraine approved a draft law aimed at improving budget planning at the local level. This step is aimed at restoring medium-term planning and adapting budgetary norms to meet the actual needs of communities and the challenges faced by the country. The main provisions of the project are…
The team of the Ukrainian Communities, Territories and Infrastructure Development Ministry has met with the representatives of Latvia’s flag carrier, airBaltic. The relevant statement was made by the ministry’s press service on Facebook. “The discussion focused on the support of Ukrainian airports during the forced downtime, as well as airBaltic’s strategic plans to resume operations…
Bulgaria will open a branch of the Angel Kanchev University from Ruse in Taraclia and the Investments Agencies will more closely cooperate based on the agreement signed at the ninth meeting of the Moldovan-Bulgarian joint intergovernmental commission, held in Chisinau on March 26. The commission is co-chaired by Energy Minister Victor Parlicov and Deputy Minister…
In an unprecedented move, Poland’s ruling coalition has submitted a motion to put central bank governor Adam Glapinski – appointed under the former Law and Justice (PiS) government – on trial. They accuse Glapinski – a longstanding associate of PiS chairman Jaroslaw Kaczynski – of breaking several laws and of violating his constitutional obligation to…
A remarkable shift in Bulgaria’s energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament. The data reveal a staggering increase of over 140% in electricity production from photovoltaic plants, accompanied by a significant decline in output from coal-fired power plants in the…
US Secretary of State Antony Blinken praised the Baltic countries for their defence budgets and support for Ukraine, calling them “leaders in NATO”. He met the foreign ministers of Lithuania, Latvia and Estonia on March 25. “These three allies have been leaders in NATO, contributing significantly to their defence budgets, leading the way in NATO…