Ukraine, against whose exports of sugar, eggs and oats to the EU protective measures have already been introduced, in accordance with the updated Autonomous Trade Measures, is about to use up the limits of duty-free trade with the EU and other types of agricultural products, which means that soon Ukraine will reach the limit in…
Bulgaria remains committed to joining the Eurozone as swiftly as possible, with technical preparations progressing well. This was emphasized by Deputy Prime Minister and Finance Minister Lyudmila Petkova during the July meeting of the Economic and Financial Affairs Council in Brussels, according to the Bulgarian ministry’s announcement. Petkova indicated that once Bulgaria fulfilled the final…
The Baltic power transmission system operators on July 16 notified Russia and Belarus of the non-extension of the so-called BRELL contract and their withdrawal from the Moscow-controlled post-Soviet electricity system as of February 2025. Lithuania’s Litgrid, Latvia’s AST and Estonia’s Elering “have notified Russian and Belarusian operators on the non-extension of the BRELL agreement, which…
In the first half of 2024, the Export Credit Agency of Ukraine (ECA) supported exports worth UAH 4.6 billion. This was announced by First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko. “In the first half of the year, the Export Credit Agency of Ukraine increased the volume of export support almost…
NPC Ukrenergo will procure power system support services in advance from distributed generation facilities under construction, the company’s Chairman of the Board Volodymyr Kudrytskyi has said. “Ukrenergo will buy power system balancing services from new power plants for 5 years. We will sign contracts with power plants that have not yet been built for 5…
In June, Bulgaria’s annual inflation rate rose to 2.5%, up from 2.3% in May, as reported by the National Statistical Institute. However, the month of June itself experienced a deflation of 0.2%, consistent with the previous month’s change. In June, there was a minimal price growth noted in health services and the entertainment and culture…
The European Commission has approved Polish plans to use around EUR 194 million (900 million zloty) of EU funds towards construction of a terminal for offshore wind farms in the city of Gdansk. The terminal will be located at the Baltic Hub – Poland’s largest container port – and will facilitate the installation and servicing…