A Georgian-Polish enterprise Delta WB will begin producing Georgia-made unmanned aerial vehicles until the end of the year, Defence Minister Juansher Burchuladze has said. During his address to MPs at the Parliament, the official said the enterprise, which had already been established, would also produce “suicide” and reconnaissance drones in the country. He further noted…Details
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Financial stability is in less abundance now than it was, the head of the largest lender in Estonia, Swedbank, says, while in adapting to the new norms after a period of getting used to growth, the economy will need to be more flexible. Olavi Lepp, Swedbank’s CEO, said that Estonians had become less well-off in…Details
Lithuanian Finance Minister Gintare Skaiste has called for the suspension of Russia’s membership in the World Bank, saying the country has violated its fundamental principles. She has also said the world should not give in to Russia’s “blackmail” over the looming global food crisis. Russia is trying to change the narrative and make the international…Details
The Minister of Energy of Ukraine German Galushchenko met with the Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to Ukraine Anka Feldhuzen. The parties discussed the current state of Ukraine’s energy sector, the situation on the gas market, plans to accumulate fuel for the heating season and the need to vacate the…Details
With the effective interaction of domestic and foreign logistics, the volume of grain exports from Ukraine by land and river can be increased to 2.5 million tons per month, or up to 50% of the total pre-war export volume, deputy chairman of Ukrainian Agrarian Council Denis Marchuk said on June 8. “While in March Ukraine…Details
In May, Riga International Airport serviced 474,000 passengers or 66% of the pre-pandemic number, according to data available about the airport’s operations. Since the start of the year the airport has serviced 1.67 million passengers. The percentage of direct passengers was 84%, whereas the percentage of transit passengers was 16%. A similar situation for direct…Details
A new EU directive sets out common rules for setting the minimum wage. This will be felt in Lithuania, where pay disparities remain high. Algis, who works as a plumber in the Panevezys Emergency Service, makes a few euros more than the minimum wage, which is currently 730 euros on paper or 550 after tax.…Details