Georgian external trade turnover amounted to $17.02 billion in January-November, up by 32.2% YoY, the National Statistics Office revealed. The value of exports rose by 31.8% and equaled $5.03 billion in the reported period, while imports grew by 32.5%, amounting to $11.98 billion. Trade deficit reached $6.94 billion, and the share of trade turnover hit…
Towns and cities in Lithuania are looking for ways to save even more electricity. Some have switched off lamps in parks and squares, while others are limiting how long drivers can charge their electric cars. Klaipeda is starting its second round of savings: after midnight, many cycling lanes will remain dark for five hours. Every…
Russia’s recent drone attack on energy infrastructure in the Odesa region has not only left millions of Ukrainians without electricity but also destroyed important power equipment. The relevant statement was made by Ukrainian Energy Minister German Galushchenko at a meeting of the G7+ Energy Coordination Group. The Energy Coordination Group includes the representatives of the…
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…