Over 100,000 Georgian citizens have purchased drugs imported from Turkey over the two months since the launch of the Government initiative to lower medication costs on the local market by importing products from Turkey, Health Minister Zurab Azarashvili has said. Speaking to MPs in the Minister’s Hour format of the Georgian Parliament, Azarashvili said the…
This week’s E-smaspaev, Estonia’s semiannual version of Cyber Monday, boosted one-day online shopping turnover more than threefold, according to overviews by payment solutions providers Maksekeskus and Montonio. While people in Estonia typically spend some EUR 5-7 million per day shopping online, on May 9, they spent EUR 15-21 million buying from online stores, Estonian E-Commerce…
The number of electric car charging stations in Lithuania is expected to increase at least 10-fold within the upcoming eight years, Transport and Communications Minister Marius Skuodis has said. On May 11, the minister presented a roadmap for developing an infrastructure for electric vehicle charging points until 2030. According to Skuodis, there are around 9,000…
Relevant talks between the Minister of Infrastructure of Ukraine Oleksandr Kubrakov and the Minister of Infrastructure and Development of Poland Andrzej Adamczyk took place on the Ukrainian-Polish border. “In the context of the blocking of Ukrainian ports, Poland has become a strategically important partner of Ukraine in the export of Ukrainian agro-industrial products and transportation…
The World Bank will disburse an average of $200 million a month for salaries to Ukrainian civil servants and teachers. A total of $1.5 billion will be allocated for this purpose, Deputy Minister of Finance of Ukraine Roman Yermolychev has said. He assured that the Ministry of Finance was constantly looking for alternative sources to…
The Ministry of Finance will start issuing one-year bonds with coupons equal to the National Bank of Poland’s (NBP) interest rate, Mateusz Morawiecki, the Prime Minister, has announced. “The Ministry of Finance is launching a new type of one-year bond based on the NBP’s reference rate, now at 5.25%,” Morawiecki said on May 11. Morawiecki…
The National Bank of Georgia is keeping the refinancing rate unchanged at 11% following a meeting of its Monetary Policy Committee on May 11. The NBG explained that the Russian invasion of Ukraine had created “new risks” for the economy, leading to the decision of the Committee that makes decisions on changes to monetary policy…