All Ukrainian thermal and hydroelectric power plants have been damaged as a result of eight waves of Russian missile attacks on Ukraine. In addition, 40% of the high-voltage network facilities are damaged to varying degrees. “Ukraine’s energy system sees a significant power deficit. After eight waves of missile attacks on the country, all thermal and…
The gross domestic product of Georgia will reach GEL 80 billion ($30.08 billion) next year, Prime Minister Irakli Garibashvili said at the Government meeting on December 12, adding the figure had increased by almost GEL 30 billion ($11.28 billion) over in the last two to three years. Garibashvili said his Government was continuing its support…
Talks on further support for Kyiv and sanctions on Russia are “stuck in the cold mud”, Lithuanian Foreign Minister Gabrielius Landsbergis said ahead of December 12’s meeting of EU Foreign Affairs Council in Brussels. “There is not a single more important issue than Russia’s war against Ukraine. Unfortunately, with many things that we have to…
Georgian Prime Minister Irakli Garibashvili on December 12 said his Government expected an investment of $400-500 million in two of the country’s three major airports, located in capital Tbilisi and the western city of Batumi. Garibashvili revealed the Government had already started work for the purpose, noting discussions at its Economic Council. “Let’s say directly…
Lithuanian President Gitanas Nauseda insists that Minsk’s proposal to allow the transit of Ukrainian grain through its territory is “a trap”, while the Foreign Ministry has ruled out lifting sanctions on Belarusian fertilisers. Belarus told the United Nations last week that it would allow the transit of Ukrainian grain for export via Lithuanian ports without…
Parliament voted on December 12 in the first reading some amendments to the state budget law for 2022, as a result of the increase in the share capital of Energocom company. Thus, the state budget revenues for this year are set at 59.3 billion lei, expenses – 73.9 billion lei and the deficit – 14.6…
More than 20 flights were canceled at Vilnius and Kaunas airports due to heavy snowfall between 21:00 on December 11 and 05:00 on December 12. “The flights were canceled due to extreme weather conditions: heavy snowfall in Vilnius and Kaunas,” Tadas Vasiliauskas, spokesperson of Lietuvos Oro Uostai (Lithuanian Airports), said. Flights at Palanga Airport operated…