The port city of Poti on western Georgia’s Black Sea coast has seen updates to its public infrastructure as part of an ongoing state programme that has been running since 2021. Renovation of the city’s David Aghmashenebeli Street, select public squares and 25 buildings was completed under the Renewed Regions programme. The programme was in…
For the first time since its foundation, in 2006, the Nut Growers Association in Moldova (ANRM) participates as an exhibitor in one of the largest specialized international exhibitions, held on February 8-10 in Berlin (Germany) and which brings together thousands of fruit producers, processors, distributors, technology and equipment suppliers from several countries of the world.…
The European Union will transfer EUR 20.87 million to support the implementation of “key reforms” in various sectors of the Georgian economy, from economic and business development to rural advances and food safety, the EU Delegation to Georgia has announced. Supporting development of skills and a reform of the labour market and contributing to regional…
One advantage of the GE Hitachi modular reactor selected by Fermi Energia, is its passive safety system, which, in the event of a malfunction, would ensure the nuclear plant remains safe, says energy professor Alar Konist. However, introducing nuclear power to Estonia would still require a long period of preparatory work, he said. “Fermi Energia…
Despite the war, Ukraine managed to increase exports to the EU, which amounted to $27.9 billion in 2022. This was achieved thanks to trade liberalization, in particular, the removal by the EU of quotas and duties for Ukrainian products, as well as of road transport permits, for the period of martial law in Ukraine. This…
In 2023, the Government has allocated UAH 1.8 billion for the microgrant program “Own Business”, which will allow Ukrainians to receive more than 7,000 microgrants for starting and developing a business. This was announced by Deputy Minister of Economy of Ukraine Tetiana Berezhna during the National Telethon. “This year’s budget for the “Own Business” program…
The annual rate of inflation will trend downward rapidly throughout this year. More precisely, the average annual inflation is forecast at 13.7% this year and 5.5% in 2024. Governor of the National Bank of Moldova Octavian Armasu unveiled the data. BNM data showed that the annual inflation rate, in the fourth quarter of 2022, outlined…