Georgia: fast economic recovery underway

Georgia is leading the South Caucasus region with a projected rebound of 8% this year, says the latest edition of the World Bank’s Economic Update for the region. “Georgia’s recovery is expected to edge down to 5.5% in 2022 and 5% in 2023, as macroeconomic support continues to be removed”, reads the report. The World…

Latvia: gas reserves to be created

Looking at the impact of growing gas prices on Europe, the Latvian government should think about ways of creating and managing different material reserves, wrote Latvia’s Minister of Defence Artis Pabriks on Twitter. The minister also said the Ministry of Defense was already working on solutions. Law on the State Material Reserves explains that nomenclature…