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Author Archives: admin

Ukraine: government to compensate over UAH 110 million to frontline communities for decrease in local tax revenues

UkraineBy admin2024-04-25Leave a comment

On April 23, the Cabinet of Ministers of Ukraine adopted a resolution envisaging the second stage of distribution of additional subsidies for the first quarter of 2024 for the regional budget of the Luhansk region and 207 budgets of territorial communities across Ukraine in the amount of UAH 266.2 million. This amount includes: – UAH…

Poland: orchards and vineyards light bonfires to warm crops amid sudden cold snap

PolandBy admin2024-04-25Leave a comment

Polish orchard and vineyard owners have been lighting bonfires in an effort to keep their crops warm amid a recent cold snap that followed unseasonably warm weather. That earlier warm period – when temperatures in parts of Poland rose to above 25 degrees C (77 F) – had prompted plants to bloom early, now leaving…

Bulgaria: lamb prices surge as retail costs rise

BulgariaBy admin2024-04-25Leave a comment

The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10. Meanwhile, the purchase price of lambs based on live weight stands…

Poland: Orlen reveals details of $400 million lost on undelivered Venezuelan oil

PolandBy admin2024-04-25Leave a comment

A Swiss subsidiary of the Polish state energy giant Orlen revealed details of the roughly $400 million (1.6 billion zloty) it lost on prepayments made without collateral under the firm’s previous management for Venezuelan crude oil and petroleum products that were never delivered. Orlen Trading Switzerland (OTS) reported that over half the money was paid…

Ukraine: government earmarks more than UAH 8 billion for construction of fortifications

UkraineBy admin2024-04-25Leave a comment

By redistributing state budget expenditures, the Government has allocated more than UAH 8 billion for the construction of fortifications. Prime Minister Denys Shmyhal announced during a Government session. “Our task is to create a reliable defensive rampart to protect our soldiers and give our army a greater advantage on the battlefield,” the Head of Government…

Ukraine: State Agency on Energy Efficiency working to develop biomethane register

UkraineBy admin2024-04-24Leave a comment

Currently, the biomethane register is under development in Ukraine. Prior to its launch, exporters will be able to supply biomethane to Europe in accordance with the data from Gas Transmission System Operator of Ukraine LLC (GTSOU). The relevant statement was made by Ukrainian State Agency on Energy Efficiency and Energy Saving Head Hanna Zamazieieva during…

Poland: increase in house prices highest in EU

PolandBy admin2024-04-24Leave a comment

Poland recorded the EU’s largest increase in house prices in the final quarter of 2023. Costs were up by 13% YoY and by 4.8% QoQ, new Eurostat data showed. Across the EU as a whole, prices remained broadly flat. The rises seen in Poland continued to be driven by a popular mortgage subsidy scheme for…

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