Georgia: Lithuania-funded solar power plant to provide free electricity for IDPs

A solar power plant has been installed in central Georgia’s Gori municipality to provide free-of-charge electricity to internally displaced persons in two villages in Georgia, with Lithuania’s Environment Ministry funding the initiative. Local media reports said the plant was expected to provide “free, ecologically clean and safe” electricity for families displaced from Georgia’s Russia-occupied regions,…

Estonia: exports and imports up in May 2022

This May, Estonia’s exports of goods increased by 31% and imports by 33% YoY, with trade growing with most of Estonia’s primary trading partners, Statistics Estonia said on July 11. Estonia’s goods exports amounted to EUR 1.9 billion and imports to nearly EUR 2.2 billion at current prices. The trade deficit stood at EUR 265…

Ukraine: consumer inflation up in June 2022

Consumer inflation in Ukraine in June reached 20.1% in annual terms, up from 18% in May, the National Bank of Ukraine said in its macroeconomic and monetary review for July. According to the report, major factors behind growing inflationary pressure are global trends, including high energy prices, and internal factors, primarily those related to the…