Georgia: Georgian Railway dismisses media reports on sanctioned cargo in Batumi as “fake”

Georgian Railway on October 13 dismissed reports by opposition-minded TV channels on an alleged presence of railway freight subject to international sanctions on Russia in Georgia’s western city of Batumi as “fake”. In rejecting the information, the company said the freight carriages in question carried fuel oil belonging to a Kazakh company. It also explained…

Moldova: electric energy to be bought from Romania

Moldova will be able to buy electric energy from Romania at a price of 450 Romanian lei/MWh (about 90 euros/MWh), due to amendments to the legislation made by the Romanian government on October 13, following discussions with the Moldovan Cabinet. According to Deputy Prime Minister, Infrastructure and Regional Development Minister Andrei Spinu, Romania helps Moldova…

Poland: state bank props up zloty on FX market

Poland’s special-purpose development bank BGK has been actively trading on the FX market, increasing its activity in recent days to limit the weakening of the Polish currency, financial market insiders have said. “BGK has certainly been present regularly since the onset of the war,” one insider said, referring to Russia’s war on Ukraine. At first,…

Lithuania: self-propelled mortars and armoured vehicles to be sent to Ukraine

Lithuania will send self-propelled mortars and armoured vehicles, as well as other necessary equipment, to Ukraine, Lithuania’s Defence Ministry has said. “Lithuania continues and will continue to support Ukraine. We will provide the Ukrainian army with winter clothing and winter equipment, we will allocate additional funds for next year’s material support, we will provide 120…