The current foreign exchange rates show concerns about the Georgian lari depreciation are “groundless,” Georgian Finance Minister Lasha Khutsishvili has said. Khutsishvili asserted all sources of currency inflow in the country, including export and tourism, were “functional” and “growing”. “After an intervention, today’s official exchange rate has appreciated by around 8 tetri. The situation in…Details
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Regarding the concerns of the population on the supply of salt, the Ministry of Economy specified that the Republic of Moldova had sufficient stocks. More than a thousand tons of food salt (iodine and non-iodine) was imported in both January and February. Salt importers confirmed that there was no problem in ensuring Moldova’s domestic demand…Details
Lithuania’s Social Security Ministry has drafted a bill to offer social benefits for Ukrainian war refugees. “Those are extra social guarantees for people, in addition to the temporary protection mechanism,” Social Security and Labour Minister Monika Navickiene told MPs while presenting the draft amendments. Once a person is granted temporary protection in Lithuania, they will…Details
The Government has increased the expenditures of the reserve fund of the state budget by UAH 50.8 billion, Prime Minister of Ukraine Denys Shmyhal has announced in a video address. “This will allow the needs of the security and defense sector to be promptly met under martial law,” noted the Head of Government. Besides, Denys…Details
The Cabinet of Ministers of Ukraine approved amendments to the procedure for crediting part of the excise tax on fuel produced in Ukraine and imported into the customs territory of Ukraine to the general fund of the relevant local government budgets. The resolution establishes shares for the automatic distribution among local budgets of part (13.44%)…Details
The Lithuanian military will buy additional Javelin anti-tank missiles, launchers and other equipment for $40 million (about 36.3 million euros), the Ministry of Defence said on March 10. On March 9, Lithuania’s Defence Materiel Agency signed a contract amendment with the US administration. Discussions are also being held with the American administration on the earliest…Details
Total production of industrial enterprises in Estonia increased by 1.4% YoY in January, state agency Statistics Estonia reported. Inflation has curbed higher levels of growth, however, and the rate has slowed. Production increased by 1.8% in manufacturing and by 3.9% in mining, the agency said, while energy production grew by just 0.2%. Helle Bunder, analyst…Details