Representatives of the companies Wikborg Rein Advokatfirma AS from Norway and Forensic Risk Alliance & Co of the United Kingdom, nominated by the Public Property Agency (APP) to make the audit of the historical debts of MoldovaGaz company to the Gazprom giant, came to Chisinau on a documentation mission on October 18. The British and…
Lithuania will continue to support the introduction of a gas price cap at the European Council meeting as a solution to the energy cost crisis, says Asta Skaisgiryte, a senior foreign policy adviser to President Gitanas Nauseda. “What we are saying is that we must have a wholesale price ceiling for gas, that we must…
Georgia received $387.2 million from abroad in September, up by 84.6% YoY, the national bank of Georgia said on October 17. Russia ($173.94 million), Italy ($36.29 million) and the United States ($28.68 million) were the largest remittance senders last month. Overall, the vast majority (97.5%) of all money transfers from abroad came from 23 countries.…
Poland’s core inflation, which excludes the prices of food and energy, measured 10.7% YoY in September, up from 9.9% in August, the National Bank of Poland (NBP) said on October 17. Inflation excluding fixed prices amounted to 17.8% in September, up from 16.7% in the previous month. Inflation excluding the most volatile items measured 13.6%…
The Government continues to support businesses through soft credit programs, Prime Minister Denys Shmyhal has said. During a meeting, the Cabinet of Ministers has approved a resolution facilitating the attraction of up to UAH 60 million in preferential loans by enterprises that lost their production facilities due to the war. “We are talking about facilities…
Poland’s current account deficit rose to EUR 3.97 billion at the end of August, against a revised deficit of EUR 1.89 billion recorded at the end of July, according to central bank figures released on October 14. Market analysts expected the deficit to amount to between EUR 0.22 billion and EUR 2.1 billion with the…
Current and future projects funded in Georgia by the European Bank for Reconstruction and Development were discussed during a meeting between the Georgian finance minister Lasha Khutsishvili and Jurgen Rigterink, the first vice president of EBRD. Khutsishvili thanked Rigterink for the support provided by the EBRD to Georgia on its “path of European aspirations”. The…