Prime Minister Denys Shmyhal appealed to citizens and businesses to reduce electricity consumption from 5:00 p.m. to 10:00 p.m. in order to stabilize the power system, which had been damaged by russian missile attacks. “We are grateful to all Ukrainians who have deliberately reduced electricity consumption. The total saving was 10%. We also thank the…
Moldova’s delegation, which participated in a meeting with Azeri business people on October 11, has recorded positive results, negotiating several advantageous contracts on the spot, the government’s communication and protocol department has reported. The Barza Alba (The White Stork) stock company has signed a contract on distribution with a certain network of hypermarkets from Azerbaijan,…
Current and planned reforms in Georgia and the importance of the financial support of the European Investment Bank were discussed on October 12 in a meeting between the Georgian prime minister Irakli Garibashvili and Maciej Czura, the head of the EIB regional representation for the South Caucasus. The meeting underlined the importance of the financial…
Poland is the number-three country in terms of aid granted to Ukraine, as measured by its ratio to Gross Domestic Product (GDP), recent data from a German think tank has shown. According to the Kiel Institute for the World Economy (IfW), the first place in the ranking of countries providing aid to Ukraine belongs to…
Termoelectrica company announced that it had carried out the necessary works for the transition of the Electric Heating Plant (CET) I to the mixed use of fuel oil and natural gas. According to the company, starting from October 11 CET switched to an operating regime based on fuel oil with minimal use of natural gas…
The Lithuanian government is planning to borrow around 6.673 billion euros domestically and abroad next year. The government debt is expected to reach around 30.2 billion euros, or 43% of GDP, until the end of 2023. The government plans to borrow around 2 billion euros domestically by issuing government securities and 4 billion euros by…
Pegasus Airlines, a Turkiye-based budget airline, is set to launch flights between the Turkish capital of Ankara to the Georgian capital of Tbilisi from November 2, the Georgian economy minister has announced. The news was announced after a meeting held between the deputy economy minister Mariam Kvrivishvili and representatives from Pegasus Airlines and Turkish Airlines…