Last week, Latvia banned Russian and Belarusian nationals and firms from holding stakes or managing companies key to national security. Lithuania has already similar controls in place, according to an MP. “We already have what Latvians have done, as companies that do not meet the Euro-Atlantic security criteria simply cannot participate in transactions, let alone…
Inflation in Poland will probably reach its peak either in the third or fourth quarter of 2022 and then will start to fall, a deputy finance minister has said. Piotr Patkowski also said the predicted peak for inflation would occur “if the current geopolitical situation does not change”. “It seems that this moment is not…
Management of the Ministry of Infrastructure and Regional Development and the State Road Administration (ASD) assessed the level of execution of the rehabilitation works of the national road R6 Chisinau-Orhei-Balti and found that they were 76% ready, according to a statement of ASD. The route is 29.7 km long and provides for the reconstruction of…
Georgian citizens have saved GEL 51 million ($17 million or EUR 16.6 million) since the beginning of imports of affordable medicines from the Turkish market that has caused a reduction of domestic prices, Georgia’s Deputy Health Minister Ilia Ghudushauri has said. The official presented updates on the effects of the imports from the Turkish pharmaceutical…
Estonia could have 2,000 vacancies for truck drivers until the end of 2022, which is why carriers want an exception for hiring Belarusians. Even now, Estonian logistics companies are looking for drivers from Uzbekistan and even India. Europe is short of some 400,000 truck drivers for almost 10% of vacant jobs. The problem will only…
Lithuania’s state railways have banned the transit of sanctioned Russian goods to and from the exclave of Kaliningrad, Anton Alikhanov, the region’s governor, has said. In a post on Telegram, he said the ban would affect up to half of products imported and exported through Lithuania. “We consider this to be a most serious violation…
The Ministry of Foreign Affairs negotiates the re-opening of McDonald’s restaurants in Ukraine. As Foreign Minister Dmytro Kuleba posted on Facebook, with the beginning of the full-scale Russian invasion, McDonald’s, like many other companies, suspended the operation of restaurants in Ukraine for security reasons. But the MFA believes that now there are conditions to resume…