Economics Minister Sergiu Gaibu and World Bank Country Manager for Moldova Inguna Dobraja have signed an agreement, which provides for the financing for the project on Competitiveness of the Micro-, Small- and Medium-sized Enterprises (IMMM) worth $50 million. The project on the competitiveness of IMMM will support the access to financing for enterprises through loan…
Latvia’s Ministry of Economics predicts the national economy will increase by an average of 4.2% a year between 2022 and 2030. Between 2031 and 2040 the average growth of the national economy is expected to reach 3% annually, according to the ministry’s report on the labour market’s medium and long-term outlooks. The report explains that…
According to data provided by Statistics Estonia, the consumer price index (CPI) increased by 2.7% between May and June and by 21.9% compared with June 2021. Both goods and services were more expensive this June than during the same month last year, with a rise of 17.9% and 29.7% respectively. Viktoria Trasanov, leading analyst at…
Ireland can become one of the leaders in the future process of restoration of Ukraine. This was emphasized by the Prime Minister of Ukraine Denys Shmyhal during his meeting in Kyiv with the Prime Minister of Ireland Micheal Martin. The Head of the Ukrainian Government thanked the Irish partners for joining the joint declaration, which…
Capacity of Ukrainian ports of the Danube will be expanded 1.7-fold, to 25 million tons per year. This plan was announced by the Minister of Infrastructure of Ukraine Oleksandr Kubrakov. “We started with 400 thousand tons in March. Now the shipments amount to 1.5 million tons. We have reached this with limited resources and infrastructure,”…
Moldova will contract a loan worth 300 million euros on behalf of the European Bank for Reconstruction and Development (EBRD) for the implementation of the project titled “Security of Natural Gas Supply”. The parliament’s commission for economy, budget and finances on July 6 approved a report to the draft law for the ratification of the…
Shipping line Tallink has leased its Victoria I cruise vessel to the Scottish government. The ship will be used for temporary accommodation. The lease, concluded with a company representing the Government of Scotland runs for six months, starting on July 8, with an option for a three-month extension, Tallink says. The MS Victoria I has…