Lithuanian airline GetJet will resume flights in Georgia by offering multiple charter connections between the Baltic States and the country, Deputy Economy Minister Mariam Kvrivishvili has announced. Kvrivishvili said the Baltic States had been “one of the important” tourist markets for Georgia and noted the Government “actively worked” to increase the awareness of the country’s…
Lithuania’s Ministry of Defence was going to buy possibly Russia-made equipment for NATO fighter jets, but cancelled the purchase after the media became interested in the acquisition. Last year, the Defence Ministry announced a tender and selected the winning bidder, Baltijos Tiekimas, from which it planned to buy mobile voltage frequency converters. The successful bidder…
Ukraine is in consultations with the International Monetary Fund to seal until year-end an agreement for a $15-20-billion loan to help restore its war-torn economy, the National Bank Governor Kyrylo Shevchenko has told Reuters. Kyiv has already submitted its request to the IMF and is now in consultation with the fund over the new financing.…
The balance on the special account the National Bank of Ukraine (NBU) opened to support the Armed Forces of Ukraine is about UAH 2.48 billion. “Over UAH 74 million was remitted to the special account last week,” the National Bank press service said. The NBU has already transferred over UAH 17.7 billion to meet the…
Rehabilitation of roads continues in western Georgia, where about 600 kilometres of roads are planned to be updated this year, the Infrastructure Minister Irakli Karseladze said on July 26. Karseladze said that rehabilitation of an 11-km section of Gomi-Sachkhere-Chiatura road would be completed in September. In addition, works are underway in 16 different parts of…
Freight traffic between mainland Russia and the exclave of Kaliningrad, which bordered Lithuania, resumed this week, as the first train was undergoing checks on July 26. “Yesterday, the first train set to cross the territory of Lithuania arrived,” Kotryna Dzikaraite, a spokeswoman for Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), said. A spokeswoman for the Customs Department…
The Standard & Poor’s (S&P) Global Ratings agency has lowered Poland’s GDP growth forecast in 2023 from the April figure of 3.1% to 2.1%, but raised its estimate for this year from 3.6% to 4.5%. The agency forecasts GDP growth in Poland in 2024 at 2.6% and at 2.4% in 2025. S&P forecasts the general…