Ukraine will receive another $20 billion in aid and support from international partners this year. Prime Minister Denys Shmyhal said this during the nationwide telethon on Ukrainian TV channels. “Until the end of the year, we will get about $20 billion more in aid and support from our partners,” Shmyhal said. The Prime Minister noted…
Negotiations on the opening of grain corridors are ongoing, and there are several most important steps that are not easy to reach an agreement on, including those on security guarantees for Ukraine, Foreign Minister Dmytro Kuleba has said. Kuleba said a number of logistical details needed to be worked out in talks brokered by Turkey…
Daikin, a Japanese heat pump and air conditioning company, will build a facility in Ksawerow, central Poland, for EUR 300 million. Mateusz Morawiecki, the Polish prime minister, attended an inauguration ceremony of Daikin’s investment on July 7. The Japanese conglomerate’s first Polish facility will be operational in July 2024. “We want Poland to be a…
Kutaisi International Airport serviced 76,052 passengers and received 298 flights in June, marking a 21% increase in flights from the pre-pandemic period, the United Airports of Georgia said on July 7. The body noted passenger flow had “fully recovered” from the pre-pandemic figures in 2019. Five airline companies currently operate at the airport, with flights…
As many as 94% of Polish companies have felt the negative effects of Russia’s war in Ukraine, a government think-tank has reported. According to a research carried out by the Polish Economic Institute (PIE), on July 1, 94% of Polish companies felt a “stronger or weaker” impact of the war in Ukraine on at least…
Economics Minister Sergiu Gaibu and World Bank Country Manager for Moldova Inguna Dobraja have signed an agreement, which provides for the financing for the project on Competitiveness of the Micro-, Small- and Medium-sized Enterprises (IMMM) worth $50 million. The project on the competitiveness of IMMM will support the access to financing for enterprises through loan…
Latvia’s Ministry of Economics predicts the national economy will increase by an average of 4.2% a year between 2022 and 2030. Between 2031 and 2040 the average growth of the national economy is expected to reach 3% annually, according to the ministry’s report on the labour market’s medium and long-term outlooks. The report explains that…