The European Bank for Reconstruction and Development (EBRD), backed by the European Union, provides a loan worth 5 million euros to a commercial bank of Moldova for strengthening the capacities of financing the small- and medium-sized enterprises (SMEs). The package of financing was signed by EBRD President Odile Renaud-Basso and the president of the Moldovan…
Poland’s public debt in relation to GDP continues on downward trend, Prime Minister Mateusz Morawiecki has announced. On July 26, Morawiecki published Eurostat data on the Polish debt-to-GDP ratio on social media. According the EU statistical office, in the first quarter of 2022 Polish public debt reached 51.9% of GDP, in the fourth quarter of…
The Baltic States are ready to offer five large ports within their borders to contribute to the export of Ukrainian grain to the global markets. The relevant statement was made by Lithuanian Foreign Affairs Minister Gabrielius Landsbergis on Twitter. “The Baltic States have five ports that could be used to safely export much more of…
Ukrainian defense companies and enterprises have displayed their stands at the IDEF’23 International Defense Industry Fair. President of the Republic of Turkiye Recep Tayyip Erdogan addressed the participants via video link, having welcomed exhibitors and guests from different countries. The IDEF’23 exhibition displays the stands of the National Association of Ukrainian Defense Industries (NAUDI) and…
The Government has allocated a further UAH 3.5 billion from the Fund for Elimination of the Consequences of Armed Aggression to the communities of Kyiv, Zaporizhzhia, Mykolaiv, Odesa, Sumy, Chernihiv, Kharkiv and Kherson regions. This was announced by Prime Minister Denys Shmyhal. According to the Head of Government, the money will be used to rebuild…
Lithuanian, Latvian and Estonian energy ministers agreed in Riga on July 25 to jointly work towards synchronisation of their countries’ power grids with continental European grids until February 2025 at the latest. The documents enshrining the agreement are to be signed between the Baltic prime ministers and transmission system operators in early August. As part…
On July 25, President Maia Sandu participated in the inauguration of a segment of the express road M3 Chisinau-Giurgiulesti, along with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso. The M3 express road is the most important road, which connects the Moldovan capital to Giurgiulesti, and is one of the most…