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Tag Archives: economy

Moldova: Polish Development Bank to support economic sector

Moldova, PolandBy admin2022-09-15Leave a comment

Minister of Economy Sergiu Gaibu had a meeting with President of the Polish Development Bank (BGK) Beata Daszynska-Muzyczka on September 13 in Warsaw. They approached areas of mutual interest, as well as opportunities to support Small and Medium Enterprises (SMEs), through accessible and competitive instruments. Sergiu Gaibu welcomed the Polish Bank’s interest in the country…

Moldova: Polish Ministry of Economy willing to boost cooperation

Moldova, PolandBy admin2022-09-15Leave a comment

Several messages of support and openness in providing economic support for Moldova were announced at a meeting between Minister of Economy Sergiu Gaibu and Polish counterpart Waldemar Buda. The two officials discussed the challenges of the period, accentuated by the refugee crisis, the energy crisis, etc. “The last period has been extremely difficult and challenging…

Lithuania: Tripartite Council fails to agree on minimum wage

LithuaniaBy admin2022-09-15Leave a comment

Lithuania’s Tripartite Council, representing the country’s government, employers and trade unions, has failed to reach an agreement on raising the minimum monthly wage from next year and will submit different opinions to the government. “We will propose recording separate opinions, and the government will be asked to make an immediate decision so that businesses can…

Ukraine: government allocates UAH 400 million to restore damaged infrastructure of Kharkiv region

UkraineBy admin2022-09-15Leave a comment

To fulfill the task of the Prime Minister of Ukraine, during the meeting on September 13, the Government approved an order on the allocation of UAH 400 million from the reserve fund of the state budget for the Kharkiv Regional Military Administration. The funds will be directed to the liquidation of the consequences of hostilities…

Lithuania: compensation wanted if EU caps electricity prices in unfavourable way

LithuaniaBy admin2022-09-14Leave a comment

Lithuania is negotiating exemptions and compensations, as the European Commission is looking into ways to cut record-high electricity prices for consumers and proposes redistributing the excess revenues of low-cost power plants, Energy Minister Dainius Kreivys has said. “Another measure proposed by the EC is how to cap generators that are cheaper than gas but get…

Poland: minimum wage to increase as inflation rises

PolandBy admin2022-09-14Leave a comment

Poland’s minimum wage will rise by 15.9% in January 2023, but total growth will ultimately reach 19.6% after a second increase in July, Mateusz Morawiecki, the prime minister, has said. From January 2023, the minimum wage will go up to PLN 3,490 (EUR 741) from PLN 3,010 (EUR 640). The July 2023 increase will bring…

Moldova: EU provides EUR 15-million grant for energy efficiency

MoldovaBy admin2022-09-14Leave a comment

The European Investment Bank (EIB) will offer the Republic of Moldova a grant of 15 million euros for energy efficiency projects of public buildings. The agreement was signed on September 13 by Deputy Prime Minister Andrei Spinu, Minister of Infrastructure and Regional Development, Head of the European Union Delegation to Chisinau Janis Mazeiks and Head…

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