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While Romania, Bulgaria and Serbia continue to attract foreign capital, structural delays in electrification and infrastructure risk diminishing long-term value, according to the International Trade Centre (ITC) Trade Map.
The EU will extend EUR 130mn to Lithuanian companies affected by the trade restrictions China has imposed on the Baltic country, the European Commission (EC) announced on Tuesday afternoon. The scheme will run until 31 December 2027 or until the “discriminatory” restrictions are lifted, the EC wrote in a statement.
French Trade Minister Franck Riester said the EU will resolutely back Lithuania in its escalating trade war with China, on Sunday, Euractiv reported. Riester underlined that the small Baltic nation was “a victim of coercion from Beijing” after meeting his opposites numbers in Marseille. As the current holder of the