The estimated real Gross Domestic Product (GDP) of Georgia increased by 14.6% YoY in February, while the average real GDP grew by 16.3% in January-February, the latest data from the National Statistics Office of Georgia (Geostat) showed. The largest share of GDP growth was posted in the following sectors: manufacturing, transportation and storage, electricity, gas,…Details
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The first volunteer-made camouflage nets have been sent to Ukraine, part of an initiative set up by two friends to combine recycling with military aid, following Russia’s invasion. The netting is around six meters in length, and also takes into account the time of year, fashion designer and co-founder of the initiative, dubbed “Aitan Kaitsta”…Details
Inspectors of the National Food Safety Agency (ANSA) have found a batch of imported strawberries with exceeded maximal limit of residuum of Acetamiprid pesticide. According to ANSA, the sale of the non-conforming consignment was prohibited and an instruction was issued to withdraw it from trade. With the appearance of new season fruits and vegetables, the…Details
A third mine countermeasures ship is expected to be delivered to the Lithuanian armed forces until the end of next year, according to the plans presented on March 31 by the commanders of the Baltic and Polish navies. “With a third ship, the Lithuanian Navy will be able to fully meet NATO’s mine clearance objectives…Details
The Parliament adopted on March 31 in the first reading a draft ratification of financing agreement between Moldova and European Investment Bank (EIB) for implementation of the Energy Efficiency in the Republic of Moldova Project. The contract provides for the granting of 30 million euros to increase energy efficiency in public institutions, primarily to those…Details
Lithuania may face economic stagnation, which would be a major blow to the fast-growing economy, President Gitanas Nauseda has warned. “We could face economic stagnation, if not a recession,” he said, adding that this “would deal a significant blow to Lithuania, which is used to a fairly fast economic growth”. The economic situation is changing…Details
The Ministry of Economy has prepared a preliminary version of the forecast of macroeconomic indicators. According to preliminary projections, Moldova’s economy will grow by 0.3% in 2022. According to the ministry, the accelerated rise in foreign prices, the war near the border with the Republic of Moldova, the difficulties in international supply chains, which will…Details