Lithuanian government on January 18 renounced the agreement signed with Belarus 16 years ago on the principles of cross-border cooperation. The Interior Ministry, which initiated the process, says the implementation of this agreement is impossible in the existing geopolitical situation and will not be possible in the near future. “This would also be an expression…Details
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51 projects within the European Village National Programme were successfully finished last year. Their overall value is 59 million lei (2.95 million euros). Thus, 251 mayoralties received money for the works carried out, the National Office for Regional and Local Development (ONDRL) reported. As many as 490 out of the total number of 492 projects,…Details
Some EU member states are ready to increase their financial assistance to Ukraine, Lithuanian Finance Minister Gintare Skaiste has said after a meeting of EU finance ministers in Brussels. Ukraine is estimated to need more than 40 billion euros in aid this year to maintain schools, hospitals and other essential services. The EU plans to…Details
The massive russian missile attack, which was carried out on January 14, had destructive consequences for the Ukrainian energy sector. This was stated by Prime Minister Denys Shmyhal during a Government session on January 17. “Generation facilities were damaged: 1 unit of a thermal power plant in the East and 8 units of thermal power…Details
Businesses are reported to have moderated their negative expectations regarding the dynamics of production volumes for the next 12 months, a survey run among top managers by the National Bank in Q4 2022 shows. “Businesses have slightly softened their negative expectations regarding the dynamics of the volume of production of goods and services in Ukraine…Details
Exports of goods to the European Union countries in January-November 2022 amounted to $2354 million, up by 36.2% YoY. They have a share of 59.1% in total exports, down by 2.2%. According to the National Statistics Bureau (BNS), exports of goods to the CIS countries had a value of $929.3 million dollars, up 2.2-fold. The…Details
The European Bank for Reconstruction and Development has allocated a sovereign loan of EUR 50.6 million, including an investment grant of about EUR 5 million, from its Green Climate Fund to finance the renovation of up to 12 metro stations in the Georgian capital city of Tbilisi. Georgian Finance Minister Lasha Khutsishvili said by signing…Details