The downward trend of inflation in the Georgian economy will continue in case of absence of further shocks, Archil Mestvirishvili, the Vice President of the National Bank of Georgia, has said. Mestvirishvili said the domestic economy passed the peak of inflation in 2021, noting expectations were influenced by exchange rate and inflation dynamics. “Higher salary…
The insured patients who suffer from high blood pressure will benefit from the compensated medicine with the international denomination, nebivololum from April 1. According to the Health Ministry, the decision on extending the therapeutic indications for the nebivololum preparation belongs to the council for medicines compensated from the Mandatory Health Insurances Accounts (FAOAM). Thus, the…
Ukraine and Iceland will step up cooperation in the energy sector, in sanctions policy against the aggressor, as well as in the establishment of a Special International Tribunal for russia. These issues were raised during a meeting between Prime Minister of Ukraine Denys Shmyhal and Prime Minister of Iceland Katrin Jakobsdottir on March 14. “The…
Ukrainian agricultural producers need about UAH 40 billion to carry out the spring sowing campaign. The relevant statement was made by Deputy Chairman of the Ukrainian Agrarian Council Denys Marchuk. Marchuk mentioned that Ukrainian farmers would need significant financing, i.e. about UAH 40 billion, to carry out the spring sowing campaign. Thus, it is important…
Small and medium enterprises in the Republic of Moldova will have access to a low-interest credit fund, supported by the state. The regulation on the activity of the Fund for Entrepreneurship and Economic Growth of Moldova (FACEM) was published on March 14 in the Official Journal. Through this new program, businesses in strategic and priority…
Seventeen units of insignificant amounts of individual state aid were issued in Georgia in 2022 for a total amount exceeding GEL 30 million ($11.63 million), the National Competition Agency of Georgia announced on March 14. The body made the report as part of its annual statistical update on the types of aid that involved granting…
More Polish firms plan to hire more staff than fire in the second quarter of this year, according to a survey published on March 14. In its report the ManpowerGroup HR also wrote that the majority of firms expected to make no changes to the number of their employees. It found that 28% of firms…