As much as 93.9 million cubic metres of natural gas was consumed in February, down by 31.4% YoY. At the same time, the consumption dropped by 22 million cubic metres or by about 2.3% MoM. The Moldovagaz enterprise unveiled figures to this effect on March 10. According to Moldovagaz, compensations worth 552.3 million lei (27.6…
The specific projects were reviewed on March 9 by Georgian Prime Minister Irakli Garibashvili and Mohamed Alabbar, the founder of Emaar Properties and Chair of Eagle Hills, as well as Ahmed bin Ali Al Sayegh, the State Minister in the United Arab Emirates. The favourable business environment in Georgia and the “great potential” of the…
On March 9, Minister of Finance of Ukraine Sergii Marchenko and Minister of Finance of Norway Trygve Slagsvold Vedum held an online meeting during which they discussed the current financial situation in Ukraine and the importance of external financial support. The meeting was also attended by Deputy Minister of Finance of Ukraine Olga Zykova and…
In February, Ukrainians registered almost 1,300 used electric vehicles and 413 new electric vehicles, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). “Over the past month, the domestic fleet was replenished with almost 1,300 used electric vehicles. This is three times more than the number of new electric vehicles purchased for the same period,”…
The cost of construction index across Georgia decreased by 5.2% in January compared to the preceding month, the National Statistics Office of Georgia said on March 9. The statistics body said the change had been mainly caused by the 23.4% decrease in the average monthly nominal salary of employees in the industry, which caused a…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, has kept the reference interest rate at 6.75%. The National Bank of Poland’s Lombard rate remained at 7.25%, the rediscount rate at 6.80% and the discount rate at 6.85%, the RPP announced after its sitting on March 8. The RPP also left the deposit…
The Georgian technology startup is seeing an ecosystem emerge for the field in the country, however it needs “growth, refinement and adaptation”, a new report by the Asian Development Bank shows. The report from the bank, a social development organisation with focus on Asia and the Pacific, is entitled “Georgia’s Emerging Ecosystem for Technology Startups”…