Lithuania may face economic stagnation, which would be a major blow to the fast-growing economy, President Gitanas Nauseda has warned. “We could face economic stagnation, if not a recession,” he said, adding that this “would deal a significant blow to Lithuania, which is used to a fairly fast economic growth”. The economic situation is changing…
The Ministry of Economy has prepared a preliminary version of the forecast of macroeconomic indicators. According to preliminary projections, Moldova’s economy will grow by 0.3% in 2022. According to the ministry, the accelerated rise in foreign prices, the war near the border with the Republic of Moldova, the difficulties in international supply chains, which will…
Georgia’s gross external debt reached $21.8 billion as of December 31, 2021, accounting for 116.8% of its 2021 annual gross domestic product (GDP), the National bank of Georgia (NBG) announced. In the fourth quarter of 2021, the gross external debt of Georgia increased by $775.7 million. In the public sector, the external debt was $10.7…
The Verkhovna Rada of Ukraine has developed a draft bill on compensation for the housing lost by Ukrainians due to hostilities. The relevant statement was made by Servant of the People Faction Head Olena Shuliak on Telegram. “The state is preparing to provide compensation to the Ukrainians, whose housing has been damaged or destroyed during…