In Kyiv region, more than a hundred enterprises were affected by Russian invasion. Forty-four of them were completely destroyed. Oleksiy Kuleba, the head of the Kyiv regional military administration, spoke of this on Telegram. “We are doing everything to restore business operations in the region as soon as possible. After all, both the well-being of…
Georgia’s cooperation with the International Finance Corporation, the ongoing and future financial projects and their impact on the country’s economic development were discussed in a meeting between Levan Davitashvili, the Georgian Economy Minister, and Ivana Fernandes Duarte, the Regional Director of IFC. The meeting focused on the financial support of the IFC for the development…
Even if the situation becomes dire, there will be enough gas for households, Latvian Prime Minister Krisjanis Karins has saod. Looking at the price rise for most goods, fuel included, Karins stressed that as long as Russia continued warr in Ukraine the global economy would remain fractured. The PM said the situation in which there…
Director of the Estonian Institute of Economic Research (EKI) Marje Josing said that Estonia was heading into another hugely expensive heating season, which was the result of decades of work not done. Senior economist for Swedbank Liis Elmik believes Estonia should once again offer support to less fortunate families. “It is work not done in…
Lithuania is taking significant steps to bolster oversight within the cryptocurrency sector. According to a draft law prepared by the government, the country plans to ban anonymous accounts and establish more detailed requirements for customer identification, a move that aims to regulate activities related to trading bots and enhance transparency in the digital currency market.…
As many as 209,000 Ukrainians have been employed under a simplified procedure introduced to help them find work, the Polish family and social policy ministry said on June 8. Under a special law, Ukrainian citizens who arrived in Poland after February 24, when Russia invaded their country, can take up employment without the need to…
Lithuania has seen a huge increase in the number of sailing yachts in the last few years. But the demand for these recreational boats has surged during the coronavirus pandemic and the country is now facing an infrastructure problem. A few years ago, there was plenty of space to park yachts in Lithuania. But now,…