Tbilisi City Hall will redesign 12 road junctions in the capital to ensure “safe and sustainable” traffic in the city, Mayor Kakha Kaladze has announced. The works will aim to ensure “safe movement” of pedestrians and solve interruptions in operations of public transport on 12 “problematic junctions” throughout the city. Set to be launched with…
The central Polish city of Lodz has once again headed the list of the country’s most congested cities, according to a report by satellite navigation maker TomTom published on February 15. TomTom’s Traffic Index report said that due to traffic jams, Lodz’s drivers lost 77 hours in 2022. However, in terms of the slowest-moving traffic,…
Georgian Economy Minister Levan Davitashvili said domestic inflation had passed its peak and the country’s authorities succeeded in stabilising it at 9.4% at the end of last year, noting he expected a further reduction of prices on basic consumer products and fuel in figures this month. Davitashvili said it was important to “ensure a competitive…
This January, the inflation rate dropped to 27.3%. In the coming period, it will continue to decrease, with average annual inflation forecast at 13.7% in 2023 and 5.5% in 2024. The data were presented by governor of the National Bank of Moldova (BNM) Octavian Armasu. “Inflation reached its maximum level in October 2022, being 34.6%.…
The latest GDP data show that Poland may see a “soft landing” and avoid a recession, the Finance Ministry has said. Poland’s Gross Domestic Product (GDP) increased by 2% YoY in the fourth quarter of 2022, the Central Statistical Office (GUS) reported in a flash estimate. Poland’s economy expanded by 3.6% YoY in the third…
According to the Minister of Energy of Ukraine German Galushchenko, on February 15, electricity generation continued to meet the demand. “All 9 nuclear power units are in operation, providing more than half of the electricity generated in Ukraine. Favorable weather conditions this winter allow hydropower generation to operate efficiently, and the volume of electricity generation…
The Government has adopted a resolution that will speed up and simplify the import of military goods to the maximum extent possible. In particular, the import of UAVs and components to the territory of Ukraine. This will allow the defenders to receive and use technology at the front more quickly. The document was developed jointly…