The Government puts the economy on a war footing and takes all necessary steps to do so. “Together with the whole world, we continue to forge our victory. For this purpose, Ukraine is switching to a war economy. Energy security and operation of critical infrastructure. Defense-industrial complex. Agro-industrial complex. Logistics. The successful operation of these…Details
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Foreign direct investments (FDI) in Georgia totaled $1.152 billion in 2021, up 2-fold YoY, the National Statistics Office of Georgia (Geostat) reported in its latest data. Geostat said an increase in equity, reinvestment of earnings and debt instruments were the main reason for the growth in FDI, with the share of reinvestment in 2021 amounting…Details
Representatives of the Chisinau municipality and RTE Chisinau presented in the Grand National Assembly Square ten trolleybuses assembled in the capital. According to the director of RTEC, Dorin Ciornai, the assembly in Chisinau of the transport units makes possible a saving of 20 thousand euros per trolleybus. “RTE Chisinau is carrying out the final assembly…Details
Trade in Estonia grew by a third YoY in January, significantly boosted by a rise exports and imports and higher prices for mineral fuels and electricity, state agency Statistics Estonia reported. In January, Estonia’s exports of goods increased by 35% and imports by 36%. Exports of goods in January amounted to EUR 1.6 billion and…Details
The current foreign exchange rates show concerns about the Georgian lari depreciation are “groundless,” Georgian Finance Minister Lasha Khutsishvili has said. Khutsishvili asserted all sources of currency inflow in the country, including export and tourism, were “functional” and “growing”. “After an intervention, today’s official exchange rate has appreciated by around 8 tetri. The situation in…Details
Regarding the concerns of the population on the supply of salt, the Ministry of Economy specified that the Republic of Moldova had sufficient stocks. More than a thousand tons of food salt (iodine and non-iodine) was imported in both January and February. Salt importers confirmed that there was no problem in ensuring Moldova’s domestic demand…Details
Lithuania’s Social Security Ministry has drafted a bill to offer social benefits for Ukrainian war refugees. “Those are extra social guarantees for people, in addition to the temporary protection mechanism,” Social Security and Labour Minister Monika Navickiene told MPs while presenting the draft amendments. Once a person is granted temporary protection in Lithuania, they will…Details