Moves to lift EU sanctions on Belarusian fertiliser exports, seen as a cash cow for the Minsk regime, are seeing backlash from the Baltic States and Poland. Member states have been locked in a stand-off since January over new sanctions against Belarus. Negotiators do not agree on exemptions that would facilitate the transit of Belarusian…
Estonia and Latvia are planning an agreement, which would permit the joint purchase of Liquefied Natural Gas (LNG), in the event of a shortage. Minister of Climate Kristen Michal (Reform) said late last week: “We are preparing an agreement with Latvia, in case the situation on the natural gas market should change to the extent…
Bolt has signed framework leasing agreements with Luminor and Swedbank, whereby the banks will provide up to EUR 126 million to finance new Bolt Drive cars and triple the company’s fleet in the Baltic States. Swedbank will provide up to EUR 80 million and Luminor will provide up to EUR 46,2 million for the purchase…
The International Monetary Fund has scheduled frequent reviews of the Enhanced Financing Program for Ukraine (EFF): one in the summer and one in the fall. This was stated by the Permanent Representative of the International Monetary Fund (IMF) in Ukraine, Vagram Stepanyan. “The fund’s programs are evaluated through regular reviews involving IMF experts who update…
The business activity expectations index (BAEI) in Ukraine continues to demonstrate positive dynamics due to improvement in the situation in the energy sector, increase in supply of food and fuel, better inflation and exchange rate expectations and stronger consumer confidence of households. “In April, the BAEI rose to 51.5, up from 49.5 in March, exceeding…
Georgian Finance Minister Lasha Khutsishvili will join finance ministers, central bank governors and government officials from Asian Development Bank member countries in the bank’s 56th annual meeting in Incheon, Korea. The Ministry of Finance said Khutsishvili would address a session entitled Reinvigorating Regional Cooperation in Central and West Asia – the Role for the Central…
Over 67% of Poles are of the opinion that that the government will be unable to combat high inflation, a recent poll has found. Prices of consumer goods and services (Consumer Price Index, CPI) increased by 14.7% YoY and by 0.7% MoM in April, according to a flash estimate published by the Central Statistical Office…