Prime Minister Gintautas Paluckas believes that Lithuania does not need a second offshore wind farm in the Baltic Sea unless it secures enough export markets and that Ignitis Group will have to take responsibility for any delays in the first offshore wind farm project, which the state-controlled energy group is developing with partners. “I can…
The Bulgarian National Bank (BNB) has launched an auction to sell scrap Bulgarian coins after the country adopts the euro. The central bank expects to gather a total of about 7,744,450 kg of coins, with 52,143 kg currently in its possession, while the remaining 7,692,307 kg will be made available once withdrawn from circulation. Under…
The Deposit Guarantee Fund has proven in the U.S. Court of Appeals that over EUR 36.6 million and over $2 million, seized in the accounts of PJSC Prominvestbank, belong to Ukraine. “The Deposit Guarantee Fund has achieved the lifting of the seizure of Prominvestbank’s funds in the U.S. in the amount of over $2 million…
On March 13, Prime Minister of Ukraine Denys Shmyhal met with a Turkish government delegation, including Minister of Trade Omer Bolat and Minister of Agriculture and Forestry Ibrahim Yumakli. The parties discussed deepening economic cooperation and increasing trade between the two countries. The Head of the Ukrainian Government stressed that after the entry into force…
At least four defence industry companies from Germany and Ukraine want to cooperate with Lithuania, Prime Minister Gintautas Paluckas has announced. According to him, efforts are also underway to establish contacts with US, Swedish, and UK arms manufacturers. “There’s been significant headway. I have four proposals on the table, from both Germany and Ukraine. We’re…
Mayor of Kyiv Vitaliy Klitschko instructed the executive body to allocate another 500 million hryvnias to finance the needs of the military. Vitaliy Klitschko stated this at the beginning of the Kyiv City Council meeting. “Various units constantly contact us with requests for assistance for the most necessary equipment. I would like to inform you…
Since the beginning of 2025, the Export Credit Agency has supported Ukrainian exports by UAH 1.79 billion. In total, UAH 72.96 million of bank loans for exporters have been insured. “In the first two months of 2025, ECA supported exports by almost UAH 2 billion. This demonstrates business confidence in state insurance mechanisms that help…