International

Germany takes steps to support companies in rebuilding Ukraine

German Chancellor Olaf Scholz’s cabinet approved measures to support companies involved in the reconstruction of Ukraine, with a focus on grants and favorable interest rates for Ukrainian firms as well as investment guarantees for their German counterparts, Bloomberg reports.

The government in Berlin is also working with Kyiv on a proposal to create an institution similar to Germany’s state development bank KfW to help with the rebuilding effort, according to a statement Wednesday. The initiative comes ahead of the next Ukraine Recovery Conference in June in Berlin hosted by Scholz and Ukrainian President Volodymyr Zelenskiy.

“Public funds alone will not be sufficient,” the German government said. The focus is therefore “on involving the private sector more in the reconstruction and modernization of Ukraine.”

Governments, business executives and investors are positioning themselves in anticipation of a rebuilding program that the European Investment Bank estimates could require more than $1 trillion of public and private capital.

Scholz’s government said that the measures approved Wednesday are part of an effort to make clear that “a stable, democratic and economically prosperous Ukraine is in the interests of Germany and Europe.”

“Reconstruction aid is always aimed at supporting reforms for Ukraine’s accession to the EU,” it added.

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Moldova faces Russian protest over blocked election observers
Political

Moldova faces Russian protest over blocked election observers

The Ambassador of the Republic of Moldova to the Russian Federation, Lilian Darie, was summoned today, November 6, to the Russian Ministry of Foreign Affairs, where officials expressed a formal protest over the Moldovan authorities’ refusal to accredit several Russian observers for the presidential elections and constitutional referendum.

Bogdan Nigai Bogdan Nigai

Bogdan Nigai

Jānis Mažeiks: The Republic of Moldova proved political maturity, but we must remain vigilant
Political
Audio

Jānis Mažeiks: The Republic of Moldova proved political maturity, but we must remain vigilant

The recent elections and constitutional referendum in the Republic of Moldova have been described as a "success," despite attempts at external interference. In an interview on "Dimineata cu Radio Moldova," the Ambassador of the European Union in Chisinau, Jānis Mažeiks, said that the elections showcased the country's democratic progress. However, he cautioned that challenges still lie ahead.

Victor Furtuna wins the competition for the position of chief prosecutor of PCCOCS
Social

Victor Furtuna wins the competition for the position of chief prosecutor of PCCOCS

Victor Furtuna won the competition for the position of chief prosecutor of the Prosecutor's Office for Combating Organized Crime and Special Cases (PCCOCS). He obtained the highest score, and the decision was made today by members of the Superior Council of Prosecutors (CSP).