Energy will definitely remain expensive in the future, governor of the Bank of Latvia Martins Kazaks has said. “There is no reason to keep glancing hopefully at the past – it will not come back, last year’s snow has already melted, so to speak,” said Kazaks in regards to the rise of energy prices. He…
Lithuania is ready to continue and step up its expert support to Ukraine, Prime Minister Ingrida Simonyte has said. “It is necessary to use this moment of mobilisation and political will for the decisive implementation of reforms, and Lithuania is ready to continue and strengthen the expert support it is already providing,” she said in…
A total of 14 Georgian wine companies participated in the international Wine and Spirits Expo held between June 30 and July 1 in Seoul, the National Wine Agency of Georgia announced. In what is regarded as one of the largest annual wine and spirits events in the Asian region, local media interviewed Davit Tkemaladze, the…
At a meeting in Lugano, Prime Minister of Ukraine Denys Shmyhal discussed measures to support the economy during the war with Alfred Kammer, Director of the IMF’s European Department. As Shmyhal posted on Telegram, cooperation with the IMF was one of the important priorities of the government’s financial policy. Shmyhal also told Kammer about the…
The State Nuclear Regulatory Inspectorate of Ukraine and IAEA Director General Rafael Mariano Grossi have reached a full understanding that it is impossible to ensure the safety of the agency’s mission at the Zaporizhia NPP while it remains occupied by the Russian military. That’s according to the agency’s statement issued by the press service. “At…
A Bayraktar combat drone has been delivered to Lithuania to be handed over to Ukraine, Defence Minister Arvydas Anusauskas said on July 4. “The Bayraktar “Vanagas” (Hawk) with all the bought ammunition is already in Lithuania!” the minister wrote on Twitter. “On July 6, we will have a quick presentation of it in the Siauliai…
Special discounts on petrol, such as the one introduced by PKN Orlen, the dominant Polish fuel company, may play an important role in lowering inflation, PKO BP’s chief economist said on July 4. Piotr Bujak said that “energy prices continue to rise, mainly those for natural gas, due to Russia limiting supplies to the European…