Ukraine: blockchain business development to contribute to economic recovery

Deputy Minister of Digital Transformation for IT Development Oleksandr Bornyakov joined the panel discussion “Crypto at War: Behind Ukraine’s Historic Crypto Fundraiser”. The event took place within the framework of the global cryptoconference Consensus in Austin, USA. During the panel discussion, Oleksandr Bornyakov spoke about the development of the legal field in Ukraine for the…

Lithuania: two more companies to be put under administration due to Russia sanctions

Two more Lithuania-based companies may be placed under administration due to EU sanctions on Russian, says the Financial Crime Investigation Service (FNTT). One company, the phosphate fertiliser producer Lifosa, has so far been the only company put under temporary administration after sanctions on its Russian owners threatened its operations. “The Finance Ministry has thus far…

Poland: interest rates to be cut at end-2023

The governor of Poland’s central bank has announced that Poland seems to be getting closer to the end of the monetary policy tightening cycle rather than to its beginning. “It cannot be ruled out that the Monetary Policy Council (RPP) will start cutting interest rates in the last quarter of 2023,” Adam Glapinski told reporters…