Georgia: inflation on verge of sharp drop

Inflation rate in Georgia will remain double digit in the beginning of 2022 before decreasing sharply in March, the Renaissance Capital investment bank reports. Meanwhile, inflation rate in Georgia in December 2021 increased by more than 11% YoY, to 13.9%. Renaissance Capital considers the tightening of monetary policy by the National Bank of Georgia was…

Lithuania: Stinger anti-aircraft missiles to reach Ukraine within days

Stinger anti-aircraft missiles from Lithuania will be handed over to Ukraine in the upcoming days, Prime Minister Ingrida Simonyte said on February 10 during her visit to Ukraine. “We are increasing the number of military instructors in Ukraine and providing the country with additional weapons and equipment,” Simonyte said. “Stinger anti-aircraft missiles from Lithuania will…