Moldova: EIB to provide additional loan worth 100 million euros for national roads’ repair

The European Investment Bank (BEI) will provide Moldova with an additional loan worth 100 million euros. The members of the parliament’s commission for foreign policy and European integration have approved a consultative note for starting negotiations and approving the signing of the contract on financing between Moldova and EIB for the supply and carrying out,…

Georgia: PM and TAV Airports President discuss stimulation of new airlines and routes

Prime Minister of Georgia Irakli Garibashvili and Serkan Kaptan, President of TAV Airports, the company managing two of the largest airports in the country, on December 7 discussed ongoing cooperation and prospects for stimulating new airlines and routes on the domestic airline market. The meeting emphasised the growing post-pandemic dynamics of tourism recovery, with the…

Baltic States: EU to fund up to 85% of Rail Baltica

Russia’s war in Ukraine has fundamentally changed Rail Baltica’s function, making this project important not only for the region’s economy but also for its defence, Catherine Trautmann, the European coordinator of the North-Sea Baltic TEN-T Corridor, has said. Therefore, the European Commission has decided to finance up to 85% of the project’s costs, according to…