In January-February, the port of Ventspils handled 2.34 million tons of cargo, up by 3.9% YoY. The port handled 925 thousand tons of liquid bulk cargo (-37%), 997 thousand tons of dry bulk cargo (up 2.6-fold) and 420 thousand tons of general cargo (+2%). In the reporting period, the port welcomed 225 ships including 177…Details
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German Development Bank (KfW) plans to launch a new financial cooperation program in Georgia in cooperation with the EU and the European Bank for Reconstruction and Development (EBRD) to increase the country’s energy efficiency, the German Federal Ministry for Economic Cooperation and Development reports. According to the ministry, the key areas of German development cooperation…Details
Due to active hostilities, there occur recurring and new damages to power grids as well as power outages. The enemy is deliberately destroying the infrastructure, cases of theft of equipment, capture of workers of emergency and repair crews have been recorded. However, Ukrainian energy companies, despite the risk to their health and lives, managed to…Details
The 2022 sowing campaign in Ukraine will start wherever possible, considering military actions. The relevant statement was made by Ukrainian Agrarian Policy and Food Minister Roman Leshchenko during a telethon. “We have no choice but to go and sow. In general, we are working on the following mechanism: where we can sow, where the situation…Details
The Moldovan authorities have already taken some insurance decisions and are constantly monitoring the country’s food security in the context of the war in Ukraine. The statement was made by the Prime Minister Natalia Gavrilita during a press conference. “We have imposed some restrictions on the export of corn and other foodstuffs, and we intend…Details
The trends and dynamics of the economic growth, exports and tourism in Georgia were at the top of the agenda of a meeting between Georgian Prime Minister Irakli Garibashvili and chairpersons of the Business Association and Georgian banks on March 8. Garibashvili highlighted the “positive economic trends”, naming the country’s 18% growth in January and…Details
All political groups in the Lithuanian parliament, Seimas, support increasing the country’s defence budget as early as this year, Prime Minister Ingrida Simonyte has said following meetings with the groups’ leaders to discuss ways to bolster national security amid Russia’s invasion of Ukraine. “I would like to express my delight and pride there’s no disagreement…Details