Ukraine has the potential to become a green energy hub for Europe that will replace Russia’s dirty energy resources. “Ukraine can and, I am sure, will definitely become a green energy hub for Europe. We are capable of replacing dirty Russian energy resources. Ukraine has a huge natural potential for establishing capacities in green energy…Details
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In August, Ukraine’s international reserves increased by 13.6%, to $25.436 billion. “As of September 1, Ukraine’s international reserves amounted to $25,436.0 million according to preliminary data. In August, they increased by 13.6% due to the receipt of a significant amount of international aid amid the country’s moderate debt payments in foreign currency and less NBU’s…Details
The initial Labour Ministry reading showed that the rate of unemployment was at 4.9% in August, unchanged from the previous month, Marlena Malag, the minister of labour, said. If the rate is confirmed by the country’s stats office, it would mean that unemployment has remained the same for three months. “In August, the level of…Details
Lithuania’s armed forces have now fixed technical and software problems on their Germany-made Boxer IFV platform that houses an Israeli turret, the country’s Defence Ministry reports. “Upgrades are now being installed in vehicles delivered to Lithuania and this process will be finalised in November. The delivery of new Vilkas Infantry Fighting Vehicles (IFVs) to the…Details
Since August, small and medium-sized enterprises can benefit from non-refundable financial support worth up to 2 million lei (about 100 thousand euros) from the Organization for Entrepreneurship Development (ODA). According to the government’s communication and protocol department, the money is given to replace equipment and reduce production costs, so that companies can become more competitive…Details
Levan Davitashvili, the Georgian Minister of Economy and Sustainable Development, and Zurab Pololikashvili, the Secretary General of the United Nations World Tourism Organisation, have praised the dynamics of the recovery of the Georgian tourism sector to the pre-pandemic period, noting tourism income of the country as the highest in the South Caucasus region. At a…Details
Polish retail sales went up by 7.6% YoY in July after a 7.9% increase in June, Eurostat, the EU’s statistics agency, reported on September 5. Month on month, retail sales went up by 1.5%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat…Details