The Lithuanian fintech company Paysera has halted transfers to and from Russia. The decision was made in solidarity with Ukraine and to reduce risks from the Russian market. The company will no longer process transactions in Russian rubles, close its Russian clients’ accounts and restrict money transfers to and from Russian and Belarusian banks, it…
The Government prolongs active cooperation with the International Monetary Fund, the Prime Minister Denys Shmyhal announced during a Government meeting on February 23. “We welcome the start of another mission of the International Monetary Fund. Economically resilient and stable Ukraine is one of our main long-term responses to the aggressor’s actions,” stressed Denys Shmyhal. The…
The so-called Ministry of State Security of Donetsk People’s Republic, a terrorist organization created and supported by Russian, spread fake information that on February 18 a Ukrainian sabotage group attempted to commit an attack at the Stirol plant (the city of Horlivka, Donetsk), which could have led to a large-scale environmental disaster, but happily, it…
On February 22, drivers of the ride-hailing app Bolt were striking against the planned increase in the commission fees. The following day, some of them were suspended from the app. In March, Bolt is planning to increase its commission fees for drivers in Vilnius from 20% to 25% and from 10% to 15% or 20%…
Pegasus Airlines, a Turkey-based low-cost airline, is set to launch flights between Izmir and Tbilisi starting this May, the Georgian Civil Aviation Agency reports. Starting with the current summer season, the airline will carry passengers on a regular Izmir-Tbilisi-Izmir direction. The twice-a-week flights will be offered on Wednesdays and Sundays, between May 4 – October…
Estonia’s largest natural gas distributor network operator Eesti Gaas is cutting the price of gas for household customers by 8% from March, following the fall in world gas prices. Natural gas prices reached record levels in Estonia from last fall. “We have decided to lower the price of the flexible package for residential customers by…
Minister of Economy Vahan Kerobyan has commented on the sanctions imposed on Russia by the West and several other countries and declared that Armenia is worried about the situation. According to him, the government will try to mitigate the possible consequences of sanctions against Russia on the Armenian economy. “We are studying all the factors.…