On September 7, representatives of the Ministry of Finance of Ukraine and the World Bank reviewed the World Bank’s project portfolio. The review was led by Deputy Minister of Finance of Ukraine Olga Zykova and World Bank Manager in Ukraine Gevorg Sargsyan. The review took place for the first time since 2021. In total, the…
The financial infrastructure of the Three Seas Initiative (3SI), in particular the 3SI Investment Fund, can play an important role in securing investment in long-term projects in Ukraine. And 3SI risk insurance through export credit agencies and DFI project financing will allow companies from the Three Seas Initiative countries to make greater inroads into the…
“Bulgaria can get out of the exception for Lukoil to use Russian oil until the end of 2024, without changing fuel prices,” Prime Minister Nikolai Denkov has announced. He recalled that fuel prices in Bulgaria depended on the regional market. “We cannot control prices as they are. If someone claims that someone is incompetent, then…
All holders of platforms and applications of calls for taxi are to be legally registered in Moldova and the systems are to be used only through the transport operators, which provide services in taxi system. The parliament’s commission for economy, budget and finances approved a decision to this effect on September 7. The draft’s authors…
An expert from the think tank the Polish Economic Institute (PIE) has called the September 6 interest rate cuts “surprising”, adding that that until the end of next year rates will fall to around 5.25% Poland’s central bank’s rate setting Monetary Policy Council (RPP) cut all interest rates by 0.75% on September 6, bringing the…
The situation in the power grid was stable on September 7: the electricity generated by domestic power plants is enough to meet the needs of consumers. Power engineers continue to prepare the power system for the heating season, which may be affected by russian attacks. A large-scale repair campaign is underway at thermal, hydro and…
In August, the Ministry of Energy of Ukraine handed over humanitarian supplies and equipment from 32 donors from 18 countries totalling about 258 tons for the needs of the energy sector. The donors include energy companies, government agencies and organisations from the Netherlands, Germany, Austria, Sweden, Italy, Denmark, Slovenia, France, Norway, Switzerland, Finland, Poland, Latvia,…