Moldova and the French Development Agency (AFD) on October 28 signed a credit facility agreement worth 60 million euros, which will help the country promote the renewable energy, enhance the sustainability of the railway sector and to attenuate the impact of the energy crisis on the disadvantaged families. According to the Moldovan Finance Ministry, for…
The central bank governor believes that despite the geopolitical and economic uncertainty, Lithuania’s government should not delay tax reform. According to Gediminas Simkus, the country’s tax system is still an “animal farm” – meaning, messy and conferring unjustified advantages to some – and it is in the state’s interest to put it in order. “In…
Moldovan wineries were invited to attend the Vinitaly exhibition in Verona (Italy). The invitation was given at a meeting at the Ministry of Agriculture and Food Industry (MAIA) with the participation of head of Veronafiere Exhibition Center Matjaz Zigon and Italian Ambassador to Chisinau Lorenzo Tomassoni. Italian officials have communicated the opportunities and conditions for…
Lithuania has signed a contract on the acquisition of Spanish mortars, the Ministry of Defence reports. Towed 120-mm EXPAL 120-MX2-SM mortars will be supplied by Spain’s EXPAL Systems, S.A. for 9.8 million euros, including mortars and their parts. The company was chosen because it offered the best price, the ministry said. The weapons are to…
JSC Energy Company of Ukraine has started testing import of electricity from Europe. “To support the energy system of Ukraine in the event of generating capacity shortage, the state energy trader JSC Energy Company of Ukraine (JSC ECU) has carried out the first test supply of electricity from Slovakia. The actual import with a capacity…
Poland wants to help Ukraine with the post-war reconstruction of airports and is also ready to expand railway links between the two countries. This was discussed during a conversation between Poland’s Deputy Minister for Development Funds and Regional Policy Marcin Horala and Ambassador of Ukraine to Poland Vasyl Zvarych, the Ministry of Development Funds and…
The Estonian government has approved the location for the joint Estonia-Latvian Elwind offshore wind farm project. Following a series of studies to determine the most suitable site for the project, a location west of the Sorve peninsula in Estonian waters was selected. In a preliminary study commissioned by the two neighboring countries to identify the…