Moldova will receive a loan of 41.205 million euros from the European Investment Bank (EIB) and a grant of 12 million euros from the European Union. The financial resources will be directed to the rehabilitation of the railway corridor Valcinet-Ocnita-Balti-Ungheni-Chisinau-Cainari. The financing contract was signed by Minister of Finance Petru Rotaru and Director for Enlargement…
Latvian, Lithuanian and Estonian state auditors have signed a cooperation agreement regarding important aspects and problems uncovered in Rail Baltica project’s implementation and financing so far, representatives of Latvian State Audit (VK) report. An assessment of the situation in regards to the project’s implementation, financing and international cooperation-related matters will be performed with Latvia, Lithuania…
Representatives of the Infrastructure and Regional Development Ministry, State Administration of Roads and of the ONUR Turkish Company have signed a contract on the carrying out of rehabilitation works on the R33 road Hancesti-Lapusna. “I know that this has been expected ever since 2014. I promised that I would carry it through. This segment, of…
Donald Tusk, Poland’s new prime minister, has said that future of the Central Transportation Hub (CPK), the former government’s flagship project, will be determined in a transparent way. The financing of the CPK, a plan for a new airport with road and rail links to be located in the centre of the country, worth PLN…
Due to the protest of Slovak carriers in front of the Vysne Nemecke-Uzhhorod checkpoint, customs officers in Zakarpattia region are sending trucks to other checkpoints, Zakarpattia Customs reports. “To avoid the accumulation of queues in front of the Uzhhorod-Vysne Nemecke checkpoint, Zakarpattia Customs directs carriers to the nearest checkpoints for crossing the border, Chop-Zahony, on…
Efforts to assist Ukraine in exporting its agricultural products have exposed the Baltic countries’ insufficient transport capabilities, Lithuanian President Gitanas Nauseda has said in Tallinn. He also urged the acceleration of the Rail Baltica European standard-gauge railway project. “Our efforts to help Ukraine to transport agricultural products pointed to the insufficiency of connectivity capacity in…
Newly released figures from Eurostat reveal a notable surge in Bulgarian air passengers, marking a 74% increase in 2022. Despite this growth, the nation holds the distinction of the EU’s second slowest rise, with Cyprus recording a slightly lower increase at 69%. The European Union, as a whole, experienced a remarkable upswing, with an average…