The US Embassy in Ukraine has welcomed the departure from the Odesa port of the first ship loaded with unblocked Ukrainian grain. “We welcome the departure of the first vessel from Ukraine’s Black Sea ports since Russia’s full-scale invasion on February 24. The world will be watching for continued implementation of this agreement to feed…
In August, Moldovagaz will pay $1,458.5 for every thousand cubic meters of natural gas bought from Gazprom, compared to $980, which was paid in July. Moldovagaz director Vadim Ceban made the statement on August 1. He said that the price was calculated according to the contract signed with the Russian concern. According to the contract…
Poland’s Purchasing Managers’ Index (PMI) fell to 42.1 points in July from 44.4 points in June, economic researcher S&P Global reported on August 1. Economists polled by PAP predicted the PMI would reach 43.7 points in July. The July reading was the lowest since May 2020. High inflation and lower demand resulting from poor economic…
Teltonika Telemedic, a company that is a part of the Lithuanian high-tech group Teltonika, has completed another stage in the development of its artificial lung ventilator and plans to launch its serial production until 2024. The company says the latest version of its prototype has already been tested by doctors at Vilnius and Kaunas clinics,…
Poland’s inflation, which reached 15.5% in July, would start going down after the summer holidays and would fall within the central bank’s target range in 2024, said Adam Glapinski, governor of the National Bank of Poland (NBP). “Of course, we have a very acute inflation,” Glapinski told the Sieci weekly on August 1. “It will…
Fitch Ratings, a global financial ratings firm, has affirmed Georgia’s Long-Term Foreign-Currency Issuer Default Rating status at a BB level, with a “stable” outlook for the country’s financial developments. The international credit rating agency said Georgia’s rating was underpinned by “a credible and effective policy framework and stronger governance indicators” relative to peers with the…
Lithuania has eased the requirements for employers to hire foreign nationals, effective from August 1. Asylum seekers and foreigners who have arrived in the country irregularly will now be able to become employed or self-employed 12 months after their registration with the Lithuanian Migration Department. They will be obliged to obtain a permission from the…