Georgia: London event hosts wine tasting

About 150 Georgian wines were presented to visitors of an event organised in London, the National Wine Agency of Georgia announced on May 2. Hosted by Sarah Abbott, the Director of Swirl Wine Group, a contractor of the Georgian Agency, the event was attended by over 70 guests including sommeliers, professionals of the field and…

Latvia: construction companies to terminate or change road construction contracts due to war

In April, Latvian state company Latvian State Roads (LVC) received letters from all major construction companies engaged in road construction procurements. Construction companies outlined in letters they are unable to do their jobs at the prices that were proposed before February 24, when Russia invaded Ukraine. The offers received in procurements in March and April…

Estonia: flow of donations slowing

When the full-scale invasion of Ukraine began on February 24, people in Estonia responded with great zeal and donations poured in. With the war now in its third month, donors’ drive has begun to lose momentum, however help is still needed in Ukraine. Luhansk, Donetsk and Kharkiv regions are the parts of Ukraine currently in…

Poland: Moody’s upholds country A2 credit rating

Global ratings agency Moody’s has affirmed Poland’s long-term credit rating at the A2 level, an upper-medium grade, with stable outlook. Moody’s acknowledged Poland’s efforts to increase its energy security and bolster NATO guarantees, the resilience of the country’s economy and its strong institutional framework as well as a beneficial structure of debt and its relatively…