The National Bank of Moldova (BNM) has decided to cap the interbank fees charged for payment card transactions. Thus, the commissions will be reduced, in three stages over two years, from 1.6% and 2.5%, as it is now, to 0.5-0.6%. According to the BNM, the action will directly lead to a decrease in the costs…
The Polish government would extend the zero-VAT rate on some foodstuffs until the end of 2023, the prime minister announced on June 26. Under current regulations, the zero-VAT rate on some staple foods, such as vegetables and dairy products, which was introduced on February 1, 2022, was due to expire at the end of June.…
At the Ukraine Recovery Conference in London, countries and organizations pledged about $60 billion in aid to support the reconstruction of Ukraine, Prime Minister of Ukraine Denys Shmyhal wrote on Facebook. “Last week, was marked by the Ukraine Recovery Conference in London, where Ukraine received practical results that strengthen our resilience and accelerate reconstruction. Financial…
The European Union, through the Connecting Europe Facility (CEF), will allocate funds to Ukrzaliznytsia JSC to develop border crossings with the Republic of Poland, Romania, the Slovak Republic and Hungary, Yevhen Lyashchenko, the chairman of the board of UZ, has announced. “Ukraine is actively working to integrate its railway infrastructure into the EU. We have…
Over 60 Moldovan entrepreneurs participated in the third edition of the Moldova Presents exhibition, inaugurated in the Brasov city, Romania, on June 23. President of Moldova’s Chamber of Commerce and Industry (CCI) Sergiu Harea said that, starting from 2016, the institution had been organizing, traditionally, the participation of domestic companies in the Moldova Presents exhibition…
The European Commission (EC) has offered EUR 65.9 million to the Central Transportation Hub (CPK) company for the construction of a high-speed railway line connecting Warsaw and Lodz in central Poland where the massive air, road and rail hub is to be built. “The EC has granted the Central Transportation Hub (CPK) company around PLN…
Minister of Energy of Ukraine German Galushchenko met with the Ministers of Foreign Affairs of Slovakia Miroslav Wlachovsky and Azerbaijan Jeyhun Bayramov at the Ukraine Recovery Conference in London. The key topic of the meetings was assistance to the Ukrainian energy sector from foreign partners. German Galushchenko thanked the friendly countries for their support, in…