Energy
Imports of Russian liquified natural gas (LNG) remain a source of energy security for the EU and should only be reduced in “gradual steps” to avoid disruptions in supply, an EU watchdog warned. The advice was published in a report today (April 19) by ACER, the EU agency for the cooperation of energy regulators, offering analysis on European LNG market developments, which noted that the EU imported 18 billion cubic metres (bcm) of Russian LNG in 2023 via the Yamal pipeline, mostly through long-term supply agreements signed before 2022. The report flagged that increasing EU reliance on Russian L...
Euronews (English)
The 2023-2024 financial and tax year has just ended, with several businesses and investors still recovering from the flurry of wrapping up pending year-end tasks, using up individual savings accounts (ISA) allowances and more. However, now that the dust is settling, it may be a good time for businesses to decide on new and more efficient ways to spend in the new tax year. This involves making increased provisions for unexpected expenses, reducing the duplication of job roles and functions, as well as leveraging the use of business tools, such as invoicing, payroll, financial management and mor...
Euronews (English)
The following is the April 16, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide blackouts and highlighted Ukraine’s urgent need for more air defense to protect its critical infrastructure. The Kremlin launched over 80 missiles and drones against the country in the early hours of April 11, targeting thermal power plants across Ukraine, including the Trypillia plant, t...
Kyiv Independent (CA)
The following is the April 16, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide blackouts and highlighted Ukraine’s urgent need for more air defense to protect its critical infrastructure. The Kremlin launched over 80 missiles and drones against the country in the early hours of April 11, targeting thermal power plants across Ukraine, including the Trypillia plant, t...
Kyiv Independent (UK)
The following is the April 16, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide blackouts and highlighted Ukraine’s urgent need for more air defense to protect its critical infrastructure. The Kremlin launched over 80 missiles and drones against the country in the early hours of April 11, targeting thermal power plants across Ukraine, including the Trypillia plant, t...
Kyiv Independent
Editor’s Note: This is issue 127 of Ukrainian State-Owned Enterprises Weekly, covering events from April 6-12, 2024. The Kyiv Independent is reposting it with permission. BanksEBRD extends 200-million-euro lending guarantee to Oschadbank. On April 10, the European Bank for Reconstruction and Development (EBRD) extended a 50-million-euro ($53 million) unfunded portfolio risk-sharing facility to Oschadbank to unlock 200 million ($212 million) euros of new financing for Ukraine’s private sector. The facility will cover up to 50% of Oschadbank’s credit risk on newly issued sub-loans worth 200 mill...
Kyiv Independent (UK)
Editor’s Note: This is issue 127 of Ukrainian State-Owned Enterprises Weekly, covering events from April 6-12, 2024. The Kyiv Independent is reposting it with permission. BanksEBRD extends 200-million-euro lending guarantee to Oschadbank. On April 10, the European Bank for Reconstruction and Development (EBRD) extended a 50-million-euro ($53 million) unfunded portfolio risk-sharing facility to Oschadbank to unlock 200 million ($212 million) euros of new financing for Ukraine’s private sector. The facility will cover up to 50% of Oschadbank’s credit risk on newly issued sub-loans worth 200 mill...
Kyiv Independent
Editor’s Note: This is issue 127 of Ukrainian State-Owned Enterprises Weekly, covering events from April 6-12, 2024. The Kyiv Independent is reposting it with permission. BanksEBRD extends 200-million-euro lending guarantee to Oschadbank. On April 10, the European Bank for Reconstruction and Development (EBRD) extended a 50-million-euro ($53 million) unfunded portfolio risk-sharing facility to Oschadbank to unlock 200 million ($212 million) euros of new financing for Ukraine’s private sector. The facility will cover up to 50% of Oschadbank’s credit risk on newly issued sub-loans worth 200 mill...
Kyiv Independent (CA)
Europe needs its own industrial strategy to face up to aggressive support from the US, EU leaders are set to be told on Thursday (18 April) in a report by former Italian premier Enrico Letta, a recent draft of which was seen by Euronews. EU countries could be forced to contribute to fund pan-European initiatives as the bloc faces up to sluggish growth, in a move that may provoke fears of a global subsidy war. “The EU must step up its efforts to develop a competitive industrial strategy capable of counteracting instruments recently adopted by other global powers, such as the US Inflation Reduct...
Euronews (English)
Iran's retaliatory attack on Israel has injected fresh anxiety into oil markets already roiled by regional tensions, but analysts stress that it is unclear if a durable price spike is imminent. Saturday's overnight drone and missile barrage was Iran's first-ever direct assault on Israeli territory. Tehran says it was triggered by the April 1 Israeli airstrike on its consulate building in the Syrian capital. The Iranian mission to the United Nations warned on X of "considerably more severe" actions should Israel "make another mistake", raising the prospect of intensifying violence in the days a...
The New Arab
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