The number of reports on suspicious transactions jumped 2.5-fold in Lithuania in the first nine months of this year compared to the same period last year, the country’s Financial Crime Investigation Service (FNTT) said on November 21. Most of these reports – almost 94% – were received from financial institutions, electronic financial institutions, as well…
Georgian economy minister Levan Davitashvili on November 21 said there was a “definite progress” in the country’s implementation of conditions for receiving the European Union membership candidate status, and stressed the priorities would be fulfilled at a “high level”. In his remarks over the matter, Davitashvili noted both parliamentary committees and the “entire political spectrum”…
At least 5,000,000 people in Ukraine have lost jobs due to the war unleashed by Russia. The relevant statement was made by Ukrainian Economy Deputy Minister Tetyana Berezhna during the Polish-Ukrainian Economic Forum. “The war is destroying Ukraine’s labor market. Hostilities continue, where 10 million workers used to be employed. At least 5 million people…
Natural gas distribution companies in Georgia will invest GEL 265 million ($97.44 million) within the next five years in improving supply in the country, the Georgian national energy and water supply regulatory commission has announced. “The commission agreed on the investment plans to be implemented by the natural gas distribution companies in the next five…
Poland’s rising trade deficit is mainly caused by high prices, a government-sponsored think tank has said. Poland’s trade deficit hit EUR 14.7 billion after September, the Central Statistical Office (GUS) reported on November 17. Marek Wasinski, an expert with the Polish Economic Institute (PIE), said in a comment to the GUS data that the growth…
Georgian finance minister Lasha Khutsishvili on November 17 said reducing the country’s external debt, which currently stood at $22.3 billion, was among the government’s priorities. Presenting next year’s budget in the parliament, the official said financial bodies would take on more internal debt – obtained by issuing treasury bonds and treasury obligations – to keep…
The Lithuanian parliament decided to hold its final vote on the government’s 2023 budget on November 22 after debating the revised draft plan on November 17. The motion to set the date for the final vote passed in a vote of 66 to 14 with 33 abstentions. Mykolas Majauskas, chairman of the parliamentary Committee on…