On November 15, Ukraine’s Khmelnytskyi Nuclear Power Plant (NPP) lost all access to the electricity grid due to military attacks in the country, forcing it to temporarily rely on diesel generators for back-up power. The relevant statement was made by International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi. “This was a very concerning…Details
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On the order of President of Ukraine Volodymyr Zelenskyy, the Government launches an action program to restore the de-occupied region, Prime Minister of Ukraine Denys Shmyhal said in his opening statement during the Government’s session on November 15. “We are returning normal life to Kherson region. We will help people with all the necessary things…Details
Finora Bank, co-founded by Estonian businessmen Veikko Maripuu and Andrus Alber, has begun operations in Lithuania, promising to bring new financing to the market, particularly for small businesses, the creative sector and the green economy. In the coming months, the new bank will start operations in Estonia. Maripuu said that financing for small businesses was…Details
Apple producers and exporters, members of the Moldova Fruit Association participated in a workshop “Diversification of markets for Moldovan apples” to discuss prospects for exporting fruit to new markets and overcoming entry barriers to alternative markets, as well as maintaining the existing ones. According to Moldova Fruct, this year, the global production of apples in…Details
The Georgian central bank plans to roll out a pilot scheme for a digital version of the national currency lari, governor Koba Gvenetadze has said. Gvenetadze said the digital currency would have the same value and legitimacy as banknotes and coins, and added the main idea behind testing the innovation was to find out how…Details
The Lithuanian government on November 16 adjusted next year’s draft budget to allow raising defence spending to 3% of GDP through borrowed funds, provided that the overall budget deficit in 2023 did not exceed 4.9% of GDP. This would allow the government “to borrow between the level of 2.5% of GDP and 3% of GDP…Details
The Moldelectrica enterprise has informed that the supply of electric energy has been reestablished in most settlements of Moldova. According to Deputy Prime Minister, Foreign Affairs and European Integration Minister Andrei Spinu, the Russian aggression against Ukraine directly hits Moldova. “The risks of disconnections of electric energy supply remain high. Any bombardment of Russia against…Details