Due to the threat of Russian invasion, Ukraine loses $2 to $3 billion a month due to suspended investment and additional inflation, Rostyslav Shurma, Deputy Head of the President’s Office, has said. “We see that irreversible losses amount to $2 to $3 billion a month in such a stressful situation. This includes suspended investments, additional…
Georgia will receive up to 50,000 doses of the Pfizer vaccine for Covid-19, designated for children aged between 5 and 12, in the second quarter of this year, the head of the National Center for Disease Control Amiran Gamkrelidze has announced. As Gamkrelidze explained, preliminary discussion on vaccination of the children in the age group…
Lithuanian President Gitanas Nauseda backs Defense Minister Arvydas Anusauskas’ proposal to increase the country’s defense budget as quickly as possible. “As the security situation in the region is deteriorating, the president supports the fastest possible increase in the defence budget,” Nauseda’s spokesman Ridas Jasiulionis said. Anusauskas said he would propose to increase Lithuania’s defense budget…
Finnish national airline company Finnair will resume direct flights between Tartu and Helsinki on March 28, five times a week. On Mondays, Wednesdays and Fridays, flights will start in the evening. According to the airline, it will facilitate connecting flights on domestic routes to Asia, Scandinavia and Finland. On Tuesdays and Thursdays, flights take place…
The Northern Regional Development Agency (ADR) has recently signed financing agreements with new beneficiaries and partners in infrastructure projects that will be implemented in several localities in the Northern Development Region of the Republic of Moldova in the next two years. The respective financing agreements cover part of the 11 projects, included in the Annual…
Amid growing fears of Russian aggression, prices of U.S. dollar Eurobonds, GDP-linked bonds and other sovereign securities of Ukraine have dropped significantly. According to Bloomberg, the yield on short-term securities maturing in September 2021 rose to 24.4% against 21.3% at the end of last week. Income from securities maturing in 2023-2024 rose to 16.9-18% (15.2-15.8%).…