Some EU member states are ready to increase their financial assistance to Ukraine, Lithuanian Finance Minister Gintare Skaiste has said after a meeting of EU finance ministers in Brussels. Ukraine is estimated to need more than 40 billion euros in aid this year to maintain schools, hospitals and other essential services. The EU plans to…
The massive russian missile attack, which was carried out on January 14, had destructive consequences for the Ukrainian energy sector. This was stated by Prime Minister Denys Shmyhal during a Government session on January 17. “Generation facilities were damaged: 1 unit of a thermal power plant in the East and 8 units of thermal power…
Businesses are reported to have moderated their negative expectations regarding the dynamics of production volumes for the next 12 months, a survey run among top managers by the National Bank in Q4 2022 shows. “Businesses have slightly softened their negative expectations regarding the dynamics of the volume of production of goods and services in Ukraine…
Exports of goods to the European Union countries in January-November 2022 amounted to $2354 million, up by 36.2% YoY. They have a share of 59.1% in total exports, down by 2.2%. According to the National Statistics Bureau (BNS), exports of goods to the CIS countries had a value of $929.3 million dollars, up 2.2-fold. The…
The European Bank for Reconstruction and Development has allocated a sovereign loan of EUR 50.6 million, including an investment grant of about EUR 5 million, from its Green Climate Fund to finance the renovation of up to 12 metro stations in the Georgian capital city of Tbilisi. Georgian Finance Minister Lasha Khutsishvili said by signing…
Moldovan apple producers will benefit on January 16-28 from free consulting on creation of marketing cooperatives from a volunteer of the US Agency for International Development (USAID) Farmer-to-Farmer Program, implemented by CNFA (Cultivating New Frontiers in Agriculture) Moldova. USAID volunteer Bruce Bailey has extensive experience in agricultural development and food security in a number of…
Lithuanian Transport Minister Marius Skuodis will travel to Warsaw by train on the new Vilnius-Kaunas-Mockava-Warsaw route, which was launched in December last year. His trip using the newly launched connection is expected to highlight the project’s significance. Meanwhile, Rail Baltica, a European-gauge railway due to link the Baltic States and Poland, is scheduled to be…