Lithuania is doubling the scope of training courses for Ukrainian soldiers, the Defence Ministry has said. “Around 500 Ukrainian troops have already been trained during the courses organised by the Defence Ministry and the Lithuanian Armed Forces in 2022,” the ministry said in a statement. “To strengthen Ukraine’s resilience as soon as possible, the training…
Deputy Minister of Economy of Ukraine Ihor Fomenko took part in the meeting of the Partnerships and Cooperative Security Committee (PCSC) held at NATO Headquarters in Brussels. “During the work, we certainly paid considerable attention to urgent issues. In particular, the technical assistance that the Alliance can provide us for the rapid restoration of critical…
In January to November, Ukraine exported 50.9 million tons of agricultural and food products for a total sum of $21.1 billion, Ukraine’s First Deputy Prime Minister – Minister of Economy Yuliya Svyrydenko said in an interview with CNN. “Over 11 months of the current year, Ukraine exported 50.9 million tons of agricultural and food products…
Lithuania’s total assistance to Ukraine is currently estimated at 660 million euros, including 240 million euros in military aid, Defence Minister Arvydas Anusauskas has said. “The estimated cost of Lithuania’s nationwide assistance to Ukraine, refugees, etc. totals 660 million euros and the amount includes around 240 million euros in military assistance,” Anusauskas told reporters on…
Russia’s war in Ukraine has fundamentally changed Rail Baltica’s function, making this project important not only for the region’s economy but also for its defence, Catherine Trautmann, the European coordinator of the North-Sea Baltic TEN-T Corridor, has said. Therefore, the European Commission has decided to finance up to 85% of the project’s costs, according to…
Mykolas Majauskas, Chairman of the Seimas Committee on Budget and Finance (BFK), announced on December 6 that he was stepping down from office after the no-confidence motion against him at the Lithuanian parliament. Over fifty MPs turned up for the secret ballot vote initiated by the opposition, while at least 71 votes were required to…
The Georgian Government’s economic team has prepared amendments to the Tax Code of the country with regards to fiscal and tax policy parts of the code that concern the financial sector, Finance Minister Lasha Khutsishvili has said. Khutsishvili said banking institutions, credit unions, microfinance organisations and lending entities would see the “classical model” of income…