A third mine countermeasures ship is expected to be delivered to the Lithuanian armed forces until the end of next year, according to the plans presented on March 31 by the commanders of the Baltic and Polish navies. “With a third ship, the Lithuanian Navy will be able to fully meet NATO’s mine clearance objectives…Details
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The Parliament adopted on March 31 in the first reading a draft ratification of financing agreement between Moldova and European Investment Bank (EIB) for implementation of the Energy Efficiency in the Republic of Moldova Project. The contract provides for the granting of 30 million euros to increase energy efficiency in public institutions, primarily to those…Details
Lithuania may face economic stagnation, which would be a major blow to the fast-growing economy, President Gitanas Nauseda has warned. “We could face economic stagnation, if not a recession,” he said, adding that this “would deal a significant blow to Lithuania, which is used to a fairly fast economic growth”. The economic situation is changing…Details
The Ministry of Economy has prepared a preliminary version of the forecast of macroeconomic indicators. According to preliminary projections, Moldova’s economy will grow by 0.3% in 2022. According to the ministry, the accelerated rise in foreign prices, the war near the border with the Republic of Moldova, the difficulties in international supply chains, which will…Details
Georgia’s gross external debt reached $21.8 billion as of December 31, 2021, accounting for 116.8% of its 2021 annual gross domestic product (GDP), the National bank of Georgia (NBG) announced. In the fourth quarter of 2021, the gross external debt of Georgia increased by $775.7 million. In the public sector, the external debt was $10.7…Details
The Verkhovna Rada of Ukraine has developed a draft bill on compensation for the housing lost by Ukrainians due to hostilities. The relevant statement was made by Servant of the People Faction Head Olena Shuliak on Telegram. “The state is preparing to provide compensation to the Ukrainians, whose housing has been damaged or destroyed during…Details
This year, agricultural producers will increase the area under sugar beets with the support of “Ukrprominvest-Agro”. The management of the holding held a working meeting with almost 40 agricultural producers on the work of the joint food program “Sugar beet – the choice of the smart” in wartime. The meeting was held at “Zorya Podillya”,…Details