The Harmony Link power interconnection between Lithuania and Poland will be built on land and will run alongside the European standard-gauge railway Rail Baltica, Energy Minister Dainius Kreivys has said. “It has now been agreed that Harmony Link will be built on land, rather than at sea, alongside the Rail Baltica tracks,” Kreivys said. This…
The overall state budget revenues amounted to 56.7 billion lei (2.8 billion euros) in January-November, up by 8.4% YoY. The Finance Ministry unveiled figures to this effect on December 27. Collections from the revenues managed by the State Fiscal Service stand at about 24.3 billion lei and the ones managed by the Customs Service –…
The Government approved the National Revenue Strategy for 2024-2030 expected to become a key element for strengthening the economy and financial system in Ukraine. The strategy was prepared by the Ministry of Finance jointly with other ministries and agencies, with the participation of business representatives, as well as following consultations with international development partners, including…
In January-November, the expenditures of the general fund of the state budget for the security and defense sector amounted to UAH 1,559.4 billion, or 59.2% of all general fund expenditures, the Ministry of Finance reported. “Security and defense remains an absolute priority and the largest item of state budget expenditures. Thus, over 11 months, the…
Moldova will be exempted from the payment of the financial contributions to European Union’s programmes. At a meeting on December 27, the members of the parliament’s commission for foreign policy and European integration approved a notification on the starting of the negotiations and approval of the signing of an Agreement between Moldova’s government and the…
The extension of passenger train connectivity between Vilnius and Riga to include Tallinn will depend on decisions of Latvian and Estonian officials, Lithuanian Minister of Transport Marius Skuodis has said. On December 27, at the opening of passenger train service connectivity between Vilnius and Riga, Skuodis told journalists that Latvia and Estonia were in the…
Since the launch of Livada Moldovei project in 2016, more than 530 economic agents have received loans under favorable conditions worth 92 million euros. In 2023 alone, credits of about 16.5 million euros were granted, which financed 109 initiatives of farmers of Moldova, the Ministry of Agriculture and Food Industry (MAIA) reported. This year, the…