Future plans, including the possibility of starting the construction of the Kempinski hotel in Georgia, were discussed on March 7 by Georgian Prime Minister Irakli Garibashvili and Bernold Schroeder, the Chief Executive Officer of the Kempinski Group. At the meeting as part of his official visit to Germany, Garibashvili emphasised the investment opportunities and “favourable”…Details
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Ukraine’s State Property Fund has already held 81 privatization auctions this year and attracted UAH 1 billion from private investors. Some 65% of the funds have already been transferred to the state budget. “The first billion hryvnias is a signal to businessmen that our country, despite the war, is an attractive place for investment. New…Details
The Ukrainian Finance Ministry will soon prepare a draft of amendments to the state budget for 2023. Minister of Finance Sergii Marchenko said this during a discussion entitled “Will the Ukrainian economy be able to grow in 2023?”. “Yes, of course, it’s a matter of time and volume. Now it’s a necessity. That’s why we…Details
LOT Polish Airlines will add four additional weekly scheduled flights between Vilnius and Warsaw from March 28. “The route between Vilnius and Warsaw is important for both business and holiday travellers,” Tomas Zitikis, head of aviation services at Lithuanian Airports, said. “The airport of the Polish capital is an important aviation hub with many connecting…Details
Producers and traders in the food sector will have the obligation to ensure that trans fatty acids (TFA) do not exceed 2/100 grams of fat in the food content, the government’s communication and protocol department has reported. The government set at the initiative of the Ministry of Health the maximum TFA content allowed in processed…Details
Georgia: Economy Minister and German Vice Chancellor discuss economic relations and priority cooperation areas
Georgian-German economic relations, priority areas of cooperation and ways of further developing them were discussed on Tuesday by Georgian Economy Minister Levan Davitashvili and Robert Habeck, the Vice Chancellor of Germany on the sidelines of ITB Berlin, a major tourism fair showcasing Georgia as the Host Country in the German capital. Davitashvili highlighted the significance…Details
Poland’s economy is doing “surprisingly well” despite the negative effects of the Covid pandemic and the Ukraine war, the head on an industry lobby has said. Prime Minister Mateusz Morawiecki announced on March 6 that Poland’s budget deficit was much lower than planned in 2022 and reached PLN 12.4 billion (EUR 2.63 billion) in comparison…Details