The Ministry of Finance of Ukraine signed a Loan Agreement with Japan International Cooperation Agency for $100 million. “On May 16, Minister of Finance of Ukraine Sergii Marchenko and President of Japan International Cooperation Agency (JICA) Dr. Akihiko Tanaka signed a $100-million loan agreement for Ukraine,” the ministry press service said. “The concessional loan of…Details
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Poland’s GDP will increase by 3.7% this year and by 3% in 2023, the European Commission (EC) said in its spring forecast on May 16. The country’s HICP inflation will reach 11.6% on average this year and by 7.3% in 2023, according to the EC. The war in Ukraine will have a significant impact on…Details
Lithuania has thrown away some 46,600 coronavirus vaccines after they expired, the Health Ministry has said. Some 36,200 doses were disposed of in April and another 10,400 in May. “So far, we have only disposed of Moderna vaccines due to their expiration date,” Lukas Galkus, an adviser at the Health Ministry, said, adding that there…Details
As many as 73% of Poles support sanctions on Russian oil, gas and coal in reaction to Russia’s aggression against Ukraine, a survey shows. In an SW Research poll carried out for rp.pl, the online service of Poland’s national daily Rzeczpospolita, only 11.7% of respondents were against sanctions, while 15.3% had no opinion on the…Details
Georgian Prime Minister Irakli Garibashvili and members of the Government’s Economic Council met on May 14 to review steps and measures to be made towards ensuring growth in the country. Garibashvili said Georgia was experiencing a “double-digit” growth and while the tourism sector had recovered by almost 70% compared to the pre-pandemic year of 2019,…Details
A drop in passenger rail traffic was recorded during the COVID-19 pandemic, when related restrictions were imposed throughout Estonia. In mid-March, however, the government began walking these restrictions back, and rail ridership began to see an increase again. “It’s possible that a few weeks ago there were still somewhat fewer riders than in 2019, but…Details
A working group on May 13 finalised a cross-party agreement on beefing up Lithuania’s national security. The final draft excludes commitments to introduce universal military service and a specific percentage of GDP to be spent on defence, as previously expected. The agreement, to be signed by all parties represented in the Lithuanian parliament, is meant…Details