Lithuania’s state-owned energy group Ignitis starts offering a world-first online service where residents can rent a part of a wind turbine. Until now, residents were only able to rent or acquire remote solar parks, Ignitis said in a press release. Around 1,000 private customers will be able to rent up to 5 kW of the…
Travel time from the Georgian capital of Tbilisi to the central part of the country’s eastern Kakheti region will be reduced to one hour and 20 minutes thanks to a new highway that is due to become operational over the next two years, the Ministry of Infrastructure has announced. The state body said the construction…
Kestutis Budrys, Lithuanian President Gitanas Nauseda’s chief national security adviser, has urged caution in public comments about the transfer of weapons and military equipment to Ukraine. Budrys was commenting on a recent statement by Defence Chief Valdemaras Rupsys that he would suggest at the next meeting of the country’s State Defence Council not to hand…
A legislative initiative, which provides for the cancellation of the duty-free regime in Moldova, was approved by the Cabinet on October 26. The document sees amendments to the Customs Code and Fiscal Code, in order to promote the principle of fiscal equity through the imposing of taxes on goods sold in Moldova, including at the…
In 2022, the trade turnover between Georgia and Hungary has doubled, which emphasises the “intensified” relations between the two countries in economy, Georgian economy minister Levan Davitashvili has said. Davitashvili said that after the “long term” negotiations, an agreement on the protection of investments was signed between Georgia and Hungary, which would be officially approved…
The new British Prime Minister Rishi Sunak has little experience in international relations. However, his country is an important ally of Ukraine and the Baltic States. Could the region expect continuous British support? In the race for the premiership, Lizz Truss, who stayed in the top post for 45 days, emphasised the importance of the…
russia’s illegal invasion of Ukraine is the main cause of the world crisis. This was emphasized by the Minister of Finance of Ukraine Sergii Marchenko during the discussion “War in Ukraine: Financing the victory”, organized by the Bruegel think tank. The event was attended by representatives of the European Commission, think tanks and economists. During…