Lithuania: president and PM back swift increase in defense budget

Lithuanian President Gitanas Nauseda backs Defense Minister Arvydas Anusauskas’ proposal to increase the country’s defense budget as quickly as possible. “As the security situation in the region is deteriorating, the president supports the fastest possible increase in the defence budget,” Nauseda’s spokesman Ridas Jasiulionis said. Anusauskas said he would propose to increase Lithuania’s defense budget…

Moldova: financing agreements signed with new beneficiaries of infrastructure projects

The Northern Regional Development Agency (ADR) has recently signed financing agreements with new beneficiaries and partners in infrastructure projects that will be implemented in several localities in the Northern Development Region of the Republic of Moldova in the next two years. The respective financing agreements cover part of the 11 projects, included in the Annual…

Ukraine: Eurobonds decrease in price amid escalation

Amid growing fears of Russian aggression, prices of U.S. dollar Eurobonds, GDP-linked bonds and other sovereign securities of Ukraine have dropped significantly. According to Bloomberg, the yield on short-term securities maturing in September 2021 rose to 24.4% against 21.3% at the end of last week. Income from securities maturing in 2023-2024 rose to 16.9-18% (15.2-15.8%).…