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Daily Archives: 2022-05-27

Georgia: $11 billion to be spent in 10-Year Development Plan

GeorgiaBy admin2022-05-27Leave a comment

The Georgian Government will spend GEL 32 billion (about $11 billion or EUR 10 billion) over the next 10 years in developing infrastructure and raising living standards of citizens, Irakli Karseladze, the Minister of Regional Development and Infrastructure, has said. Speaking in the Minister’s Hour format at the Georgian Parliament, Karseladze said the construction of…

Latvia: share of lasting unemployed persons down in Q1 2022

LatviaBy admin2022-05-27Leave a comment

In January-March, Latvian unemployment rate constituted 7.3%. Over the quarter unemployment rate grew by 0.2%, while over the year it fell by 0.8%. In Q1, there were 68 thousand unemployed persons aged 15-74 (inclusive), down by 6.7 thousand YoY, but up by 1.5 thousand QoQ, according to data of the Labour Force Survey (LFS) conducted…

Ukraine: Druzhba pipeline – great leverage over Hungary

UkraineBy admin2022-05-27Leave a comment

Hungary has taken advantage of Russia’s war against Ukraine, actually blackmailing the European Union, but Ukraine has something to respond with. The relevant statement was made by Advisor to Ukrainian Energy Minister Olena Zerkal during the Kyiv Security Forum. According to Zerkal, Hungary’s appetites for EU funds are growing every day. “They decided that their…

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