Georgia: unemployment down in Q4 2021

The unemployment rate in Georgia decreased by 1.4% YoY in the fourth quarter of 2021, amounting to 19%, the National Statistics Office of Georgia (Geostat) announced. In urban areas, the unemployment rate reduced by 2.1% and in rural areas by 0.2%. The economic activity rate, or the percentage of the country’s population that is able…

Lithuania: Financial Times puts Vilnius second in fDi Intelligence ranking

Lithuania has come in second in the Financial Times’ latest ranking of Europe’s financially and economically advanced and entrepreneurial cities. Vilnius was assessed in the general category of medium-size cities as part of the ranking, the Lithuanian capital’s development agency Go Vilnius said. Produced by the Financial Times’ investment arm fDi Intelligence, the European Cities…

Ukraine: London steps up financial support

The United Kingdom steps up funding for projects in support of Ukraine and its energy independence up to GBP 100 million. “When the Prime Minister visited Kyiv earlier this month, he announced the allocation of GBP 88 million to support Ukrainian democracy and energy independence. Today, I can announce the next component of our support:…