Vilnius would seek EU funding for a power link with Germany, Lithuanian Energy Minister Zygimantas Vaiciunas said on April 17. The high-capacity power cable will connect Germany with either Latvia or Lithuania until 2035-2037. “This interconnection should appear on the European infrastructure map,” Vaiciunas told the Ziniu Radijas radio station. “Of course, this involves a…
Bulgaria has successfully met the price stability criterion required for entry into the eurozone, according to data from Eurostat. The statistics, which covered the dynamics of consumer prices in both the EU and the euro area, showed that inflation in Bulgaria continued to align with the Maastricht criteria in March. In the third month of…
As Easter approaches, Lithuanian egg producers and retailers say there will be no shortage of eggs on store shelves, and prices are expected to remain relatively stable. However, consumers are finding it difficult to source white eggs, which are favoured for traditional Easter egg decorating. Most eggs in Lithuania have brown shells. Because white eggs…
Ukraine continues to increase the pace of processing goods under the joint transit procedure with 36 countries (NCTS): in the first quarter, the State Customs Service processed 25,800 transit declarations, over 2,000 more than in the previous quarter. This is the highest number of declarations per quarter since Ukraine joined the Convention on a Common…
In January-March, the Export Credit Agency (ECA) supported the export of Ukrainian companies to the tune of UAH 3.15 billion. Twenty exporting companies benefited from the agency’s insurance protection. “In the first quarter, the ECA insured exports worth over UAH 3.1 billion. This includes value-added finished products such as furniture, food products, packaging materials and…
Bulgaria is in a very strong initial position to join the eurozone, Dimitar Radev, governor of the Bulgarian National Bank (BNB), has said. Speaking at a business event organized by the American and British Chambers of Commerce in Bulgaria, Radev emphasized that amid growing global instability, integration into robust alliances like the eurozone was becoming…
The Cabinet of Ministers of Ukraine has decided to allocate additional subsidies from the state budget for communities located in the combat zone or near the contact line. It concerns 180 communities in 9 frontline regions. “On behalf of President of Ukraine Volodymyr Zelenskyy, we continue to provide systematic support to the frontline regions. The…