Gas prices for industrial consumers in Romania will rise by a thumping 24 per cent as of next month, with a sharp impact likely on industry and jobs, experts say.
The move is part of a deregulation schedule agreed with international lenders including the International Monetary Fund, IMF and the World Bank.
The Bulgarian Photovoltaic Association (BPVA) has proposed the establishment of an energy board for the financial stabilization and restructuring of the energy sector.
Meglena Rusenova, BPVA Chair, explained Monday that the proposal had been triggered by the processes taking place in the energy sector over the past few days.
KOPAONIK - The World Bank (WB) will start negotiations with the new Serbian government on a USD 250 million loan towards budgetary support as soon as reform laws are adopted and a restructuring of 153 state and socially-owned companies is initiated, Tony Verheijen, the World Bank Country Manager for Serbia, told Tanjug on Tuesday.
BELGRADE - Serbia has great potential in the field of innovative technologies, and by aiding this sector it can achieve the fastest progress towards the EU, European Union and World Bank officials agreed in Belgrade on Friday at a ceremony staged to announce 12 projects to be funded with EUR 8.4 million as part of efforts to help innovation in Serbia.