In February, the consumer price index rose by 12% YoY, data from Statistics Estonia showed. Prices increased by 1.5% compared to January. Viktoria Trasanov, leading analyst at Statistics Estonia, said, compared to February 2021, the consumer price index was affected the most by housing-related price changes, which contributed over a third of the total rise…Details
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Spain is interested in signing the Memorandum of Understanding on Mobility, Transport and Urban Agenda with Georgia, the Ministry of Foreign Affairs of Spain reports. “Economic relations between Spain and Georgia are limited, although there is a growing interest of Spanish companies stemming from a considerable improvement of the climate for foreign investments in Georgia,”…Details
Ukraine: government negotiating financial assistance with all international organizations and countries
The Government has already authorized the responsible ministries to open four accounts with the National Bank, to which funds from individuals, organizations, companies and international financial organizations will be credited. Prime Minister of Ukraine Denys Shmyhal said in a video address on March 6. “We are talking about the Economic Recovery and Transformation Fund, the…Details
Kyiv aims to integrate into the European Network of Transmission System Operators for Electricity (ENTSO-E) as early as this month. This was reported by the press service of the Ministry of Energy of Ukraine with reference to the interview of Energy Minister German Galushchenko to Reuters. The official reiterated that Ukraine would no longer power…Details
Romania allows the transportation of Moldovan containers of goods through the Constanta Port, without special authorizations. Deputy Prime Minister, Infrastructure and Regional Development Minister Andrei Spinu has said. “In the wake of the situation in Ukraine, more containers with destination of Moldova, which were to reach Ukrainian ports, were redirected to the Constanta port. To…Details
Local women entrepreneurs in the central Georgian city of Gori will exhibit their handmade crafts and other products for sale on International Women’s Day, in an effort to support Ukrainian citizens amid Russia’s ongoing assault on the country. The sale of crafts items will bring together products by 15 women to a marketplace on Merab…Details
Once the dust has settled on the entry into the Estonian market of German cut-price supermarket chain Lidl, established competitors say they hope customers will remain loyal and return to their previous stores of choice. One issue which some of the other supermarkets have highlighted is the lack of locally sourced items in Lidl’s product…Details