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…
As part of a new strategy for cooperation, Sweden will allocate EUR 22 million to Ukraine annually within the next seven years. Minister for International Development Cooperation of Sweden Matilda Ernkrans announced this at a briefing following the meeting with Ukrainian Deputy Prime Minister – Minister for Reintegration of the Temporarily Occupied Territories, Iryna Vereshchuk…
The total amount of deposits of individuals in banks-participants of the Deposit Guarantee Fund of Ukraine amounted to UAH 675.6 billion in 2021. “As of January 1, the total amount of deposits of individuals (including private entrepreneurs) in banks-participants of the Deposit Guarantee Fund of Ukraine amounted to UAH 675.6 billion, up by 11.2% or…
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…
MPs adopted the package of laws providing for the establishment of the National Fund for Regional and Local Development. The fund will become the main source of financing for investment projects for local public authorities, in the field of energy, rural development (especially water supply and sewerage projects), local infrastructure, tourism attractiveness, economic infrastructure development,…
The influence of the price of natural gas on consumption may be evaluated after some time, says gas transmission system operator Gaso chairman of the board Ilze Petersone-Godmane. She said currently there was information both about multiple legal persons considering restricting production and how residents were trying to save money and reduce costs. State support…
A newly purchased vessel will cut seaborne journey times between Tallinn and the island of Aegna in half, once she enters service in spring. The new boat can also carry twice the passenger complement of her predecessor. The boat, the Vegtind, will start serving the route on May 1 and will be operated by Spinnaker,…