With skyrocketing electricity and gas prices, businesses in Lithuania are looking for ways to save money. Business associations suggest that big firms could have their employees work on weekends, when electricity is cheaper. Meanwhile, trade unions say now is the time to talk about a four-day working week. The Lithuanian Business Confederation is calling on…Details
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From September 1, massive privatization should start in Ukraine. This was emphasized by Prime Minister Denys Shmyhal during a conference call with heads of regions on August 3. “The President of Ukraine has set the task of starting privatization from September. For this purpose, the Verkhovna Rada has adopted relevant legislation and the Government has…Details
The Razoni bulk carrier has passed the inspection of the Joint Coordination Center and is ready to proceed to its destination. As the press service of the Ministry of Infrastructure of Ukraine posted on Facebook, the ship carrying Ukrainian corn left the Odesa port on August 1 and headed to the port of Tripoli in…Details
In 2022-2023 academic year, the Government will finance, from the state budget, 23 places in the postdoctoral study programs. A decision in this sense was approved on August 3 during the meeting of the Cabinet of Ministers, the government’s communication and protocol department reported. Thus, seven places will be allocated for research in the field…Details
Polish retail sales went up by 9.3% YoY in June after an 11.2% increase in May, Eurostat, the EU’s statistics agency, reported on August 3. Month on month, retail sales went down by 1%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat…Details
The National Bank of Georgia has decided to keep the refinancing rate unchanged at 11% following a meeting of its Monetary Policy Committee on August 3. The country’s financial institution highlighted inflationary risks still remained a “current global challenge”, noting elevated prices on international markets “severely affected” most countries worldwide, including Georgia. “The sanctions imposed…Details
An important goal for Ukraine is to ensure the regularity of grain supplies for export, President Volodymyr Zelensky has said in his video address. “Our goal now is to have regularity: so that when one ship leaves the port, there are other ships as well – both those loading and those approaching the port. Continuity…Details