Increasing the energy security of Europe may be ensured by Ukrainian underground storage facilities, which should be filled with Azerbaijani gas, said Deputy Energy Minister of Ukraine Yaroslav Demchenkov. According to him, Azerbaijan is an important strategic partner of Ukraine. Moreover, energy is the main area that both states intend to develop. If Baku accepts…Details
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Ukraine extracted 2.4 billion cubic meters of natural gas from its underground gas storage facilities in January, the press service of JSC Ukrtransgaz reported. “In January, 2.4 billion cubic meters of natural gas were extracted from Ukrainian underground gas storage facilities, down by 7.8% YoY. Since the beginning of the 2021-2022 extraction season, 7.5 billion…Details
Small- and medium-sized entrepreneurs will be able to easier access loans provided by commercial banks-partners of the Organization for Small- and Medium-sized Sector Development (ODIMM). MP Dumitru Alaiba and Economics Minister Sergiu Gaibu informed about the simplification of the procedure of accessing credit guarantees, which guaranteed the loans asked by Small and Medium-sized Enterprises (SMEs)…Details
Lithuania’s central bank head has welcomed President Gitanas Nauseda’s recent proposals to increase the incomes of low-earners. However, he is more critical of the government’s proposal to temporarily cut the value added tax on central heating. The measure is “a good thing”, Gediminas Simkus said, pointing out that other EU member states had also taken…Details
The planned increase in the ticket price for ferries to Estonia’s largest islands, Saaremaa and Hiiumaa, may affect their tourism sectors, mayor of Saaremaa Madis Kallas says. While the increase in the price of a large commercial ferry trip back and forth could be 2 euros more than at present, the biggest jump in the…Details
About 54.5 million lei will be allocated this year from the National Fund for Regional Development (FNDR) in order to implement nine projects in the Southern Development Region, which are found in the Program Document 2022-2024. The decision was taken at a meeting of the National Council for the Coordination of Regional Development (CNCDR), which…Details
The Consumer Price Index in Georgia increased by 1.1% in January compared to the previous month, while the annual inflation rate stood at 13.9%, the latest inflation data of the National Statistics Office of Georgia (Geostat) showed. “With regard to annual core inflation, excluding food and non-alcoholic beverages, energy, regulated tariffs and transport, prices increased…Details