Hungarian budget airline Wizz Air will add new routes from Georgia’s western Kutaisi International Airport to five European cities starting in June 2023, the United Airports of Georgia reports. Next summer the company will launch flights to Brussels, Madrid, Frankfurt, Hamburg and Poznan. The direct flights between the Kutaisi Airport and the cities will be…
On December 12, the European Commission and the Nordic Investment Bank signed the InvestEU guarantee agreement. The value of this agreement reaches EUR 114 million, as confirmed by the European Commission’s office in Latvia. This agreement will allow for attracting funding from the Nordic Investment Bank worth up to EUR 480 million for investments into…
Georgian external trade turnover amounted to $17.02 billion in January-November, up by 32.2% YoY, the National Statistics Office revealed. The value of exports rose by 31.8% and equaled $5.03 billion in the reported period, while imports grew by 32.5%, amounting to $11.98 billion. Trade deficit reached $6.94 billion, and the share of trade turnover hit…
Towns and cities in Lithuania are looking for ways to save even more electricity. Some have switched off lamps in parks and squares, while others are limiting how long drivers can charge their electric cars. Klaipeda is starting its second round of savings: after midnight, many cycling lanes will remain dark for five hours. Every…
Russia’s recent drone attack on energy infrastructure in the Odesa region has not only left millions of Ukrainians without electricity but also destroyed important power equipment. The relevant statement was made by Ukrainian Energy Minister German Galushchenko at a meeting of the G7+ Energy Coordination Group. The Energy Coordination Group includes the representatives of the…
All Ukrainian thermal and hydroelectric power plants have been damaged as a result of eight waves of Russian missile attacks on Ukraine. In addition, 40% of the high-voltage network facilities are damaged to varying degrees. “Ukraine’s energy system sees a significant power deficit. After eight waves of missile attacks on the country, all thermal and…
The gross domestic product of Georgia will reach GEL 80 billion ($30.08 billion) next year, Prime Minister Irakli Garibashvili said at the Government meeting on December 12, adding the figure had increased by almost GEL 30 billion ($11.28 billion) over in the last two to three years. Garibashvili said his Government was continuing its support…