Ukraine: losses from border blockade to hit $1.5 billion in November-December 2023

The National Bank of Ukraine has projected that the reduction in Ukraine’s foreign trade volume, resulting from restrictions on freight transport movement through the western borders in November and December, may amount to $1.5 billion. Notably, the specified reduction reached $860 million in November, with an anticipated additional decrease of $620 million in December. “According…

Moldova: European Village 2 Program launched

Minister of Infrastructure and Regional Development Andrei Spinu has launched the call for local public authorities to participate in the European Village 2 program. According to the official, the second project aims to fully support all localities for the construction of aqueducts. The European Village Program initiative was launched less than two years ago by…

Moldova: 69 companies to receive grants worth up to 2 million lei to invest in upgrading energy efficiency

69 companies will benefit from grants worth up to 2 million lei (100,000 euros) on behalf of the Moldovan state and the European Union through the Programme on Upgading and Energy Efficiency, managed by the Organization for Entrepreneurship Development (ODA). The contracts on financing were signed by beneficiaries. The overall sum of the non-refundable financing…