The European Union on December 15 agreed on the ninth package of sanctions against Russia. However, Lithuanian Foreign Minister Gabrielius Landsbergis called the agreement “a missed opportunity”. “The 9th sanctions package was a missed opportunity. Sad that we had to spend so much time discussing derogations, not stronger sanctions. Together with Poland we have managed…
The government has offered small and medium-sized businesses a number of support programs to help restore losses caused by the war. This was stated by Deputy Minister of Economy of Ukraine Tetyana Berezhna during a speech at the Interregional Business Forum in Ivano-Frankivsk. “Ukrainian business has shown great resilience during the war and the Government…
The leadership of the European Union Funds Audit Department (AFCOS, OLAF Contact Point in Latvia) of the Ministry of Finance of the Republic of Latvia conducted a training for the staff of the Economic Security Bureau of Ukraine (ESBU). The topic of the training was “Institutional and legal framework for the protection of EU finances”.…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 17.5% YoY and by 0.7% MoM in November, the Central Statistical Office (GUS) reported on December 15. In a flash estimate, GUS said that November’s CPI would reach 17.4% YoY and 0.7% MoM. In October, the prices of consumer goods and services increased…
The Georgian Parliament approved the updated 2023 Georgian state budget, with the document planned with an economic growth forecast of 5%, the Ministry of Finance announced on December 15. The document was approved by 84 votes in favour and one against and involved estimation of the nominal gross domestic product at GEL 79.7 billion ($30…
The Baltic States and Poland on December 15 blocked the adoption of new sanctions for Russia over the exemptions for grain and fertiliser exports, Lithuanian Foreign Minister Gabrielius Landsbergis reported. The exemptions proposed by Germany, France and the Netherlands could provide a loophole to circumvent sanctions, according to Landsbergis. “Half an hour ago, Lithuania and…
Sweden will grant more than $4.5 million for enhancing export capacities of entrepreneurs from both banks of the Dniester. These funds are provided in the framework of the “Advanced cross-river capacities for trade” (AdTrade) project, which has been implemented since December 2018 by UNDP, with the financial support of Sweden and from the summer of…