The first segment of the Chisinau municipality’s belt road was opened for movement on February 1. The sector has a length of 6.6 km, four movement lanes, two intersections with circle junction and about 90 road signs set. The segment was rehabilitated with the support of the European Investment Bank (EIB). During the ceremony of…Details
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PKN Orlen, Poland’s state-owned oil and gas company, has “ambitious” plans to build 76 Small Modular (nuclear) Reactors (SMRs) in Poland until 2038, the company’s CEO has said. Daniel Obajtek made the announcement at a press conference on January 31 after signing a letter of intent on cooperation between Orlen and several Polish universities on…Details
Estonia, Latvia, Lithuania and Poland signed a joint agreement to depend on security cooperation and establish a new platform that spans the four countries. Minister of Foreign Affairs Urmas Reinsalu (Isamaa) and his counterparts co-signed the document in Riga, Lavia on January 31. “It lays the foundation for a cooperation platform of the four countries,…Details
The Government has set up an Interagency Working Group on Accelerated Deregulation. It has already presented its first recommendations – to cancel 47 licenses and permits under the jurisdiction of the Ministry of Economy, Prime Minister Denys Shmyhal announced during a Government meeting on January 31. “These are the rules governing the export and import…Details
The Government has adopted amendments to the Rules for the provision of passenger road transport services. Now, carriers will have the opportunity to shorten the route at their own discretion if it crosses the front line and choose the destination to which they are ready to take passengers. Previously, this required new tenders for carriers,…Details
In 2022, 3,394 construction permits were issued for residential and non-residential buildings, down by 17.6% YoY. The data were presented by the National Statistics Bureau (BNS). In Chisinau, in 2022, 572 fewer permits were issued for the construction of residential buildings, which means a decrease of 33.8%. Regionally, the number of authorizations decreased in the…Details
The International Monetary Fund (IMF) has lowered Poland’s Gross Domestic Product (GDP) growth forecasts for this year and next. According to the IMF’s World Economic Outlook report published on January 30, Poland’s GDP is currently expected to grow by 0.3% in 2023, down from 0.5% predicted in the previous report issued in October 2022. In…Details