Lithuania: IMF warns of economic overheating

The International Monetary Fund (IMF) has warned Lithuania about risks of overheating – both in particular sectors and in the economy as a whole. Among the risks, the IMF listed uneven recovery of the country’s main trade partners, geopolitical tensions, disruptions to the vaccination process and a lagging absorption of the European Union’s (EU) economic…

Armenia: Moody’s affirms country rating at Ba3

Moody’s Investors Service has affirmed the Government of Armenia’s Ba3 local and foreign currency long-term issuer ratings and foreign currency senior unsecured rating. The outlook remains stable. The affirmation of the Ba3 ratings is driven by the credit profile’s resilience to the significant shocks of the coronavirus pandemic and geopolitical and domestic political tensions, and…

Ukraine: cooperation with Westinghouse to help strengthen energy security

Ukrainian Energy Minister German Galushchenko hopes that the deepening of cooperation between Ukraine’s National Nuclear Energy Generating Company Energoatom and U.S. nuclear power company Westinghouse will help strengthen Ukraine’s energy security. “The deepening of Energoatom’s partnership with Westinghouse will help strengthen our country’s energy security. We will expand our cooperation with the American company with…