Businesses are reported to have moderated their negative expectations regarding the dynamics of production volumes for the next 12 months, a survey run among top managers by the National Bank in Q4 2022 shows. “Businesses have slightly softened their negative expectations regarding the dynamics of the volume of production of goods and services in Ukraine…
Exports of goods to the European Union countries in January-November 2022 amounted to $2354 million, up by 36.2% YoY. They have a share of 59.1% in total exports, down by 2.2%. According to the National Statistics Bureau (BNS), exports of goods to the CIS countries had a value of $929.3 million dollars, up 2.2-fold. The…
The European Bank for Reconstruction and Development has allocated a sovereign loan of EUR 50.6 million, including an investment grant of about EUR 5 million, from its Green Climate Fund to finance the renovation of up to 12 metro stations in the Georgian capital city of Tbilisi. Georgian Finance Minister Lasha Khutsishvili said by signing…
Moldovan apple producers will benefit on January 16-28 from free consulting on creation of marketing cooperatives from a volunteer of the US Agency for International Development (USAID) Farmer-to-Farmer Program, implemented by CNFA (Cultivating New Frontiers in Agriculture) Moldova. USAID volunteer Bruce Bailey has extensive experience in agricultural development and food security in a number of…
Lithuanian Transport Minister Marius Skuodis will travel to Warsaw by train on the new Vilnius-Kaunas-Mockava-Warsaw route, which was launched in December last year. His trip using the newly launched connection is expected to highlight the project’s significance. Meanwhile, Rail Baltica, a European-gauge railway due to link the Baltic States and Poland, is scheduled to be…
Seven entrepreneurs will access grants worth up to 2 million lei (100,000 euros) on behalf of the state for the promotion of products and services on foreign markets. The businesses were selected for financing within the Programme on Enhancement of Competitiveness of Small- and Medium-sized Enterprises (SMEs) and their Internationalization. The contracts on non-refundable financing…
Due to infrastructure works, the popular Vilnius-Klaipeda link will see reduced service between February and May. The Kaunas-Siauliai connection will also be affected. “There will be two train connections to Klaipeda on normal days,” said Linas Bauzys, head of the passenger service branch of the Lithuanian railways, LTG Link. Meanwhile, trains will not run on…