Poland’s central bank (NBP)’s rate-setting Monetary Policy Council (RPP) decided to leave the reference interest rate at 6.75% for the eighth consecutive month on May 10 arguing that a series of external and internal factors should bring inflation down. “The Council assessed that the weakening of the external economic conditions, together with a decline in…
Georgian Deputy Economy Minister Mariam Kvrivishvili on May 10 responded to the Russian Government’s decision to lift its ban on flights with Georgia and visa requirements for citizens of the country by saying that sanctioned airlines and ships would not be able to operate in Georgia, while unsanctioned ones would have an opportunity to perform…
Since Russia’s full-scale invasion of Ukraine, the National Agency on Corruption Prevention (NACP) has included 25 big companies in the list of international sponsors of war. “NACP has already included 25 of the world’s leading companies in the list of international war sponsors since the large-scale invasion of Ukraine by the Russian terrorist state. Ranging…
As of May 10, Russians continued to shell the energy infrastructure, leaving some consumers in six regions without power, the Energy Ministry reported on Telegram. “The enemy continues to destroy Ukraine’s civilian energy infrastructure. Yesterday one of the buildings of Kharkivoblenergo JSC in the region was damaged during an artillery attack. No one was killed…
Western Georgia’s Kutaisi International Airport recorded its record-high passenger flow last month, servicing 122,410 passengers in an 81% increase compared to the same month of the pre-pandemic year of 2019, the United Airports of Georgia said on May 10. The number of flights at the airport increased by 64%, with the facility servicing 359 flights…
Agreements between Moldova and Romania on the modernization of three bridges across the Prut River, from north to south: Sculeni-Sculeni Bridge, Leuseni-Albita Bridge and Cahul Oancea Bridge, were signed in Chisinau on May 9. The documents were signed by Infrastructure and Regional Development Minister Lilia Dabija and the state secretary at the Transports Ministry of…
Latvia and Estonia have agreed to work together to ensure gas supplies for both countries during times of crisis, Latvian Prime Minister Krisjanis Karins has said. The agreement will be signed on May 12. The two countries plan to use the liquified natural gas (LNG) terminal at Paldiski. Karins said using the terminal was a…