Prime Minister Natalia Gavrilita met representatives of the International Finance Corporation (IFC), a member of the World Bank Group. The discussions focused on projects underway and new perspectives of developing the cooperation between Moldova and IFC, the government’s communication and protocol department reported. The parries referred, in particular, to the results of the study of…
The European Commission vows to provide additional funding for the construction of Rail Baltica, a high-speed railway project linking Estonia, Latvia, Lithuania and Poland. Last summer, the Commission allocated more than 350 million euros for the project, and plans to continue doing so in the future, according to Radvile Morkunaite-Mikuleniene, chair of Lithuania’s parliamentary Committee…
Households that use electricity to heat their homes will also be included in a comprehensive government support scheme, the Ministry of Family and Social Policy has announced. The government has offered one-off subsidies, ranging from PLN 500 to 3,000 (EUR 106-636), to households heating their homes with coal, timber, wood pellets, liquefied natural gas and…
Lithuanian President Gitanas Nauseda said the country should adopt joint decisions on air and coastal defence with Poland. “We need to strengthen practical defence cooperation between our countries, including the possibility of adopting joint decisions in the areas of coastal defence and air defence,” Nauseda said in a statement. A joint meeting of the Lithuanian…
Poland is to cap electricity prices for all households from next year, with a limit of up to 2,000 kWh of annual use. Morawiecki presented the new measure, which was part of a broader package of facilitations dubbed “The Shield of Solidarity”, at a press conference on September 15. “The Shield of Solidarity” is designed…
About 70,000 tons of grapes of various varieties have been processed as part of the ongoing harvest in Georgia’s eastern winemaking region of Kakheti. The harvest has been processed by 150 wine companies and cellars, with about 7,000 growers handing in their grapes to private wine enterprises this year. As of September 16, over 300…
Polish medium-sized companies (SMEs) are facing an additional burden from a minimum wage hike, seen at PLN 18.16 billion (EUR 3.84 billion) next year, according to the rationale to a government regulation. Poland’s minimum wage will rise by 15.9% in January 2023, but total growth will ultimately reach 19.6% after the second increase in July.…