The Georgian Parliament approved the updated 2023 Georgian state budget, with the document planned with an economic growth forecast of 5%, the Ministry of Finance announced on December 15. The document was approved by 84 votes in favour and one against and involved estimation of the nominal gross domestic product at GEL 79.7 billion ($30…
Airports in the UK and Ireland are testing systems that will relax some security rules on liquids and items, such as laptops, in hand luggage. Lithuanian Airports say they are also planning similar changes. The British government has set a deadline of June 2024 for most UK airports to install new high-tech 3D scanners that…
The wine sector in the Republic of Moldova has increased potential to become sustainable and demonstrate care for nature, man and society, states an evaluation report on the degree of alignment of Moldovan wineries with the Fair-and-Green sustainability standard presented to the National Vine and Wine Office (ONVV) and USAID Rural Competitiveness and Resilience Activity…
The Baltic States and Poland on December 15 blocked the adoption of new sanctions for Russia over the exemptions for grain and fertiliser exports, Lithuanian Foreign Minister Gabrielius Landsbergis reported. The exemptions proposed by Germany, France and the Netherlands could provide a loophole to circumvent sanctions, according to Landsbergis. “Half an hour ago, Lithuania and…
Sweden will grant more than $4.5 million for enhancing export capacities of entrepreneurs from both banks of the Dniester. These funds are provided in the framework of the “Advanced cross-river capacities for trade” (AdTrade) project, which has been implemented since December 2018 by UNDP, with the financial support of Sweden and from the summer of…
VAT revenues of the state budget increased by 40% compared to the first months of the full-scale war. This was stated by the Minister of Finance of Ukraine Sergii Marchenko in an interview with The Economist. “Despite systematic missile attacks by russia and blackouts, Ukraine’s economy continues to operate. Domestic consumption is growing, and international…
The Federal Government of Germany has announced a contribution of EUR 30 million within the framework of the German-Ukrainian Energy Partnership for the purchase of equipment to restore Ukraine’s energy infrastructure damaged by russian shelling. The corresponding funds will be allocated to the Ukraine Energy Support Fund, established by the Energy Community Secretariat. “pootin wants…