Georgia: economy up in January-August 2022

The Georgian economy grew by 10.5% YoY in August and by 10.3% in the first eight months of 2022, the latest data from the National Statistics Office of Georgia showed. The estimated real growth was observed in the following activities: transportation and storage, construction, information and communication, hotels and restaurants and trade. A decline was…

Ukraine: preparations for “customs visa waiver” discussed with EU

Ukrainian Prime Minister Denys Shmyhal and Executive Vice President of the European Commission Valdis Dombrovskis have discussed expanding cooperation between Ukraine and the European Union and increased bilateral trade. During an online conversation, the parties raised the issue of replacing sanctioned Russian products in the EU with Ukrainian products. In addition, they discussed preparations for…

Ukraine: nuclear safety information to be exchanged with Finland

Ukraine’s State Nuclear Regulatory Inspectorate and Finland’s Radiation and Nuclear Safety Authority (STUK) have signed a memorandum of cooperation and exchange of information in the field of nuclear and radiation safety. The relevant statement was made by the Ukrainian State Nuclear Regulatory Inspectorate. “The document provides that the parties will exchange technical information and cooperate…

Poland: country banks among digital leaders

The degree of digitisation of the Polish banking sector is above the global average, a study by the consulting company Deloitte has shown. The “Digital Banking Maturity 2022” report, published on September 29, is based on an analysis of 304 banks in 41 countries. The banks analysed were divided into four categories: digital champions who…

Moldova: apple producers to test Egypt market

Representatives of the Moldova Fruct Association and business people from the sector of import and export of farming products last week paid a working visit to the Arab Republic of Egypt, in order to discuss the potential of export of Moldovan fruits to the market of Egypt. According to the Moldova Fruct Association, the discussions…

Lithuania: restaurants under energy squeeze

High electricity bills are pushing many restaurants and cafes in Lithuania to close down, but the government is not planning any relief. The Tabera restaurant in Vilnius is celebrating its 27th anniversary this year. Such longevity in the catering business is rare. However, it is now operating in crisis mode – only three employees are…