Estonia: Elering pays out EUR 8 million in renewable energy subsidy in July 2020

Grid distributor Elering paid out EUR 8 million in renewable energy support and high-efficiency cogeneration support in July to several generators and other companies. Enefit Green, renewable energy subsidiary of state-owned Eesti Energia group, received EUR 440,900 and its subsidiary Enefit Wind got over EUR 1.7 million in renewable energy subsidies over the month of…

Details


Ukraine: strengthening corporate governance in state-owned banks NBU’s priority

Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko and U.S. Charge d’Affaires a.i. in Ukraine Kristina Kvien discussed reforming corporate governance in state-owned banks, continuing cooperation with international partners, in particular the IMF, as well as strengthening cooperation between Ukraine and the U.S. Shevchenko noted that strengthening corporate governance and reducing the NPL…

Details

Ukraine: economy to resume growth in 2021

In 2021, Ukraine’s economy will resume growth, while inflation will remain moderate. These conclusions were reached during a meeting of representatives of the NBU, the Government and leading Ukrainian economists, the NBU press service reported on Facebook. The panelists agreed that in 2021 the economy would enter a growth trajectory, while inflation would remain moderate.…

Details

Latvia: Riga City Council to borrow EUR 8.9 million for transport infrastructure development

To contribute to implementation of investment projects in Riga’s transport infrastructure, the municipality’s interim administration decided to borrow EUR 8.9 million from the State Treasury, as confirmed by Riga City Council. This money is planned to be used on reconstruction of Ieleja Street and Asnu Street, outline red lines for parking areas along streets, cycling…

Details

Ukraine: Scandinavian Airlines resumes flights

Scandinavian Airlines has resumed regular flights to Boryspil International Airport (Kyiv region). The airport’s website said that the airline planned to operate flights from Boryspil International Airport to Oslo International Airport once a week on Tuesdays. Scandinavian Airlines is a multinational airline company, the leading carrier of the Scandinavian countries, based in Stockholm (Sweden), owned…

Details