Ukrainian business owners and prospective entrepreneurs will be able to take out government-subsidized loans to start businesses in Lithuania, the Economy Ministry said on April 25. “We are giving the Ukrainians an opportunity to get loans with 30% lower interest rates for starting a business. This will make it easier for them to settle in…
Poland’s general government sector deficit will reach 4% of GDP in 2022, Mateusz Morawiecki, the prime minister, has said. Last year, according to Central Statistical Office data, Poland’s general government deficit settled at 1.8%. “This year the deficit of the public finance sector will be higher, at the level of around 4%,” Morawiecki said at…
From May 1, onward the heating energy price will be nearly 200 EUR/MWh without VAT, according to the decision made by the Public Utilities Commission (SPRK). From May 1 until December 31, the heating energy tariff set by LLC Rezeknes Siltumtikli will be 198.13 EUR/MWh, which is 4.6 times above the current tariff – 42.8…
The Estonian state-owned Omniva continues to support Ukraine, including by allowing private individuals to mail humanitarian aid packages to Ukraine for free. Its “Glory to Ukraine!” postage stamp, which was released on March 24, has also proven very popular. With a nominal price of EUR 1.90, which means it can be used to send mail…
A large liquefied natural gas (LNG) shipment from the United States, the third this month, arrived in the Lithuanian seaport of Klaipeda on April 24. Klaipedos Nafta, the operator of Klaipeda LNG terminal, said last week the Singaporean-flagged BW Pavilion Aranthera tanker would deliver 138,000 cubic meters of LNG. The tanker came from the LNG…
Ukraine will now be able sell its electricity on the European market, Finance Minister of Ukraine Serhii Marchenko has said in a Facebook post. “Ukraine has recently joined the European grid by becoming a member of ENTSO-E. Thus, the electricity produced in Ukraine can be sold on the European market. I discussed this opportunity with…
The United Kingdom will provide $500 million in loan guarantees to Ukraine. The relevant statement was made by Ukrainian Finance Minister Sergii Marchenko on Facebook. “The United Kingdom is an example for the entire civilized world. Their support is always uncompromising and very timely. I personally thanked to Chancellor of the Exchequer Rishi Sunak for…