Georgia’s cooperation with the International Finance Corporation, the ongoing and future financial projects and their impact on the country’s economic development were discussed in a meeting between Levan Davitashvili, the Georgian Economy Minister, and Ivana Fernandes Duarte, the Regional Director of IFC. The meeting focused on the financial support of the IFC for the development…
Lithuania is taking significant steps to bolster oversight within the cryptocurrency sector. According to a draft law prepared by the government, the country plans to ban anonymous accounts and establish more detailed requirements for customer identification, a move that aims to regulate activities related to trading bots and enhance transparency in the digital currency market.…
As many as 209,000 Ukrainians have been employed under a simplified procedure introduced to help them find work, the Polish family and social policy ministry said on June 8. Under a special law, Ukrainian citizens who arrived in Poland after February 24, when Russia invaded their country, can take up employment without the need to…
Poland’s GDP is expected to rise to 4.4% and inflation to peak at 11.1% until the end of this year, the Organisation for Economic Cooperation and Development (OECD) said on June 8 in its latest Economic Outlook report. OECD economists also estimate that next year GDP growth will slow down and inflation will decrease but…
Lithuania’s governmental commission, which examines the transactions of strategic companies, is investigating Russia links of Viada and Baltic Petroleum petrol chains. According to Neringa Andrijauskiene, head of the Central Purchasing Organisation (CPO), the screening of suppliers started in April, in line with the amendments to the Public Procurement Law, which said that suppliers and sub-suppliers…
Lithuanian trade unions will hold a picket outside the Belarusian Embassy in Vilnius in support of their arrested colleagues. The move is aimed at protesting against the persecution of democratic Belarusian trade unions, the Confederation of Lithuanian Trade Unions says. “This is an international action initiated by the International Trade Union Confederation,” the statement read.…
Lithuanian Agriculture Minister Kestutis Navickas has survived an opposition-initiated interpellation and retained his post after 64 lawmakers voted in favour of his provided answers to the opposition’s questions. The opposition claimed Navickas not only failed to respond to its comments but also ignored calls of others to communicate and cooperate on topical issues. The minister…