Georgian lari exchange rate fluctuations have already been observed, and, more likely, will continue, Papuna Lezhava, the Vice President of the National Bank of Georgia (NBG), has said. According to Lezhava, the NBG has sufficient, adequate reserves to ensure the efficient functioning of the foreign exchange market. “Despite the use of up to $1 billion…Details
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The Ministry of Economy of Ukraine called on leading global IT companies to freeze all transactions and agreements with Russia and stop providing any services to the aggressor country. As the press service of the Ministry of Economy reports, Ukraine needs such support to stop information and technological attacks by the Russian Federation. “Russia needs…Details
According to information from seaport authorities, as of 8 a.m. on February 25, entrance/leaving of ports of Skadovsk, Kherson, Mykolaiv, Olvia, Odessa, Chernomorsk, Pivdenny, Belgorod-Dnestrovsky, Izmail, Reni, Ust-Dunaysk were stopped. Entrance/leaving of ports of Mariupol and Berdyansk were allowed. “Cargo handling in ports is suspended, except ports of Chernomorsk, Pivdenny, Mykolaiv and Reni, which are…Details
Georgia will allocate 1 million GEL ($315,457 or EUR 279,842) from the government’s reserve fund to assist the Ukrainian people affected by Russia’s ongoing military invasion. The relevant decree has been signed by Prime Minister Irakli Garibashvili, the government’s administration reports. The allocated money will be given to the Ministry of Internally Displaced Persons, Labour,…Details
Estonia will send more Javelin anti-tank missiles and anti-aircraft munitions to Ukraine, the Ministry of Defense has said. Food and medical equipment will also be sent. “We are providing additional arms assistance to Ukraine. 25,000 packages of dry food, medical equipment, personal equipment, ammunition, additional javelin missiles and anti-aircraft munitions,” said Secretary General of the…Details
People in Lithuania have already donated almost 2 million euros to Blue/Yellow, a non-governmental organization supporting the Ukrainian army, its head Jonas Ohman has said. “2 million euros – I am gobsmacked. What can I say? I have no words. I am gobsmacked, happy and determined. We are now starting to distribute resources differently than…Details
Major supermarkets in Estonia, which have been carrying food, drink and other products made in the Russian Federation, have started to remove them from the shelves in the wake of Russia’s military aggression against Ukraine. Retailers are also removing TV ad spots for products of Russian origin. Rimi Eesti CEO Vaido Pajumae said: “People of…Details