European Council President Charles Michel has tweeted that the deadline for disbursement of macro financial assistance is looming and “it is time for the Georgian government to demonstrate its commitment to the agreements and notably the reform agenda”. Michel’s tweet comes after a meeting with Georgian PM Irakli Garibashvili during the Crimea Platform forum in…
Listed Estonian port company Tallinna Sadam (Port of Tallinn) is looking for the best ways to convert ferries to hydrogen fuel and to provide hydrogen refueling capacity for cruise ships in the Old City Harbor of Tallinn. The company has unveiled an ambitious plan to lay out the hub of the Baltic Sea green infrastructure…
President Shavkat Mirziyoyev saw the presentation of construction and landscaping projects under way in the capital city. These projects are aimed at the construction of educational, healthcare, trade and service, as well as industrial facilities. On October 16 last year, Mirziyoyev got acquainted with the construction of the Academy of the State Security Service and…
Trade turnover between Georgia and Azerbaijan from January through July amounted to $586.89 million, up by 9.17% or by $49.34 million YoY, the National Statistical Office of Georgia reported. During this period, Georgia’s imports from Azerbaijan amounted to $291.55 million, down by 1.8%. The share of Azerbaijan in the total Georgian import amounted to 5.6%.…
Ukraine has received 1.9 billion Special Drawing Rights (SDRs), equivalent to about $2.7 billion, from the International Monetary Fund, First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has announced on Facebook. “Today, 1.9 billion SDRs came to Ukraine’s account from the IMF! A great gift ahead of Independence Day! Glory to…
President of Ukraine Volodymyr Zelensky has approved a strategy for the development of the defense-industrial complex of Ukraine, according to his press service. The head of state signed decree No. 372/2021 “On the decision of the National Security and Defense Council of Ukraine dated June 18, 2021 “On the Strategy for the Development of the…
The leading investment bank in Georgia Galt and Taggart revised 2021 growth upwards to 8.6% in Georgia. “The recovery has gained impressive traction since April,” says the recent report pointing at figures. The real GDP growth came in at 29.8% YoY in Q2 after shrinking by 4.5% in Q1. As a result, the economy expanded…