Czech rail operator Leo Express will next month launch a new train route from Poland to Germany via the Czech Republic that will be one of the longest rail services in Europe, spanning more than 1,300 km (800 miles). The daily service, due to begin on June 25, will run between the eastern Polish city…
Recent GPS disruptions across the Baltic Sea region are forcing aviation and defense sectors to prepare for unreliable satellite navigation, an Estonian researcher warns. Tallinn University of Technology (Taltech) senior lecturer Ivo Muursepp explained that GPS interference is often described using a single general term, although two distinct technologies must be distinguished: jamming and spoofing.…
The war risk insurance program shifts from launch to the first actual payouts. Four Ukrainian companies have already received partial compensation for insurance premiums under property insurance contracts covering war risks. Ukrainian Prime Minister Yulia Svyrydenko announced this. Thanks to Government’s support, they have managed to reduce the cost of insurance from an average of…
Over the past week, entrepreneurs issued 913 new loans for UAH 4.0 billion within the framework of the state initiative “Affordable Loans 5-7-9%”. The program is a component of the “Made in Ukraine” manufacturer development policy. The largest increase in the amount of loans issued fell on businesses in high military risk zones – plus…
To prevent fraud, the state is planning changes that would slow down large bank transfers and ATM cash withdrawals to give banks time to verify the transaction. Every year, people and institutions in Estonia lose millions of euros to scammers. The state is looking for ways to curb the epidemic, though the measures will inevitably…
Lithuania’s State Security Department has warned that proposals to resume the transit of Belarusian fertilisers through the port of Klaipeda would effectively circumvent European Union sanctions without reducing security threats posed by Minsk. “This would bypass sanctions, but not the threats,” State Security Department director Remigijus Bridikis said on May 26. “The regime is what…
The economy of Moldova might record growth of around 2% in 2026, but inflationary pressures will stay high, especially due to rising energy and oil prices. Governor of the National Bank of Moldova (BNM), Anca Dragu has resented estimated to this effect, at a conference dedicated to the financial and banking sector. Anca Dragu emphasized…