Lithuania: finance minister slams president’s proposal for dealing with inflation

Monetary payments to hard-pressed households, proposed by President Gitanas Nauseda in response to rising prices, may exacerbate inflation even further, according to Finance Minister Gintare Skaiste. “Such helicopter money could, in principle, make the inflationary mill spin even faster,” she said on February 8. “One should be very cautious about such measures, and I’d say…

Moldova: 20 new trolleybuses to start operating in capital in late February 2022

Electric transport company in Chisinau is currently assembling 20 new trolleybuses, which will start operating in late February. The General Directorate of Transport and Communications announced that 20 new AKSM trolleybuses, manufactured at the Minsk plant and brought to Chisinau for assembly, were assembled in the repair shop of the above-mentioned utility. Vitalie Mihalache, the…