At its meeting on July 29, the Cabinet of Ministers approved changes to the regulations regarding targeted lending programs. This was announced by Prime Minister Denys Shmyhal. “After the NBU raised the discount rate, such programs as “5-7-9″, financial leasing and state portfolio guarantees slowed down. This is what the business says. Therefore, the Government…
The Lithuanian Foreign Ministry said that it had received and was looking into a Russian diplomatic note on the alleged suspension of payments for Kaliningrad transit services. “We confirm that we have received the note from the Russian Federation,” the ministry said. “We are currently examining it.” Russia’s media reported that the note was handed…
The exports of medicines from Ukraine have been resumed at the level of 80-90%. To facilitate this process, Moldova accepted packing with inscriptions in the Ukrainian language, for the period of the emergency state, the director of the Medicines and Medical Devices Agency (AMDM), Dragos Gutu, informed. According to the AMDM leadership, Ukraine has always…
People in Lithuania are spending 63.9% of their income on essentials, like food and housing, according to the latest Eurostat data. The expenditures have increased by 50% compared to 2016. “The year 2021 was an unusual year in terms of consumption, as Covid-19 led to a reduction in tourist trips and fewer events,” said Inga…
The Georgian economy grew by 7.2% in June and by 10.5% in the first six months of 2022, the latest data from the National Statistics Office of Georgia showed. Last month the estimated real growth was observed in the following activities: transportation and storage; electricity, gas, steam and air conditioning supply; information and communication; hotels…
Lithuania will soon send additional military assistance to Ukraine, Defence Minister Arvydas Anusauskas told his Ukrainian counterpart, Oleksii Reznikov, in Kyiv. “Additional military assistance will arrive in Ukraine soon,” the Lithuanian Defence Ministry quoted Anusauskas as saying in a press release. “The country is getting plenty of M113 APCs, therefore, we could train the corresponding…
In 2022, inflation will reach 31%, and GDP will decrease by a third. In the coming year, the economy is expected to return to growth, while inflationary dynamics will decline, the press service of the National Bank reports. “Until the end of 2022, inflation will accelerate and reach 31% given the persistence of the impact…