Minister of Finance of Ukraine Serhii Marchenko had a telephone conversation with the Minister of Economy and Finance of Italy Daniele Franco. Serhii Marchenko thanked his Italian counterpart for financial support of Ukraine during the difficult period of Russia’s military aggression. Ukraine received EUR 110 million in grant aid from Italy. “We are very grateful…
Ukroboronprom State Concern continues to supply military equipment to the Ukrainian Armed Forces and other security forces. The relevant statement was made by Ukroboronprom’s press service on its Facebook page. In particular, since the military actions started, the Ukrainian Defense Ministry, the National Guard of Ukraine, the Ukrainian State Border Guard Service, the Territorial Defense…
The Civil Aviation Authority (AAC) authorized several flights on February 28, in the context of Moldova’s airspace being closed to civil and state aircraft. Thus, according to AAC, the following were authorized: a repatriation flight of Moldovan citizens from Sharm El-Sheikh, Egypt, performed by the national air operator Fly One; a repositioning flight; three cargo…
The estimated real Gross Domestic Product (GDP) of Georgia increased by 18% YoY in January, the latest data from the National Statistics Office of Georgia (Geostat) showed. The agency also released a breakdown of the highest real GDP growth by sectors, with the most increase observed in: manufacturing, transportation and storage, electricity, gas, steam and…
On February 28, the Lithuanian government is set to approve medical and military assistance to Ukraine, worth around 4 million euros, to fight the ongoing Russian invasion. The support will come from the state reserve and the health ministry reserve. It will include medication, facemasks, surgical kits, bandages, surgery gowns, various kits to stop bleeding…
In the fourth quarter of 2021, sales revenue (+13%), adjusted EBITDA (+6%) and profit (+14%) increased, the Port of Tallinn Group said in its press release. Growth in passenger volume and ferry calls increased revenue in the passenger harbours segment, which made the biggest contribution to the improvement in the group’s financial performance. However, profitability…
Georgian lari exchange rate fluctuations have already been observed, and, more likely, will continue, Papuna Lezhava, the Vice President of the National Bank of Georgia (NBG), has said. According to Lezhava, the NBG has sufficient, adequate reserves to ensure the efficient functioning of the foreign exchange market. “Despite the use of up to $1 billion…