Georgia received $582 million from international tourist visits between January-April, up by 463.1% YoY, the Georgian National Tourism Administration reported. Revenues from international tourism have recovered by 68.9% compared to the pre-pandemic 2019, said the GNTA. Other data from the National Statistics Office of Georgia showed Georgia hosted 431,300 international visitors in the first quarter…
On May 18, the European Commission presented plans for the European Union’s response to address Ukraine’s funding shortfall and long-term reconstruction. This is stated in a press release from the European Commission. In the short-term, the European Commission proposes to launch additional macro-financial assistance in the form of a loan of up to 9 billion…
Latvian State Audit said that the report on Ministry of the Interior 2021 annual account underlined multiple capacity problems at multiple institutions that answered to the ministry – the Ministry of the Interior Information Centre, Provision State Agency and Office of Citizenship and Migration Affairs. Ministry of the Interior Information Centre has used up only…
A report by the Polish Economic Institute (PIE) reveals that the green transformation may accelerate economic growth by as much as 1.1% per year and does not have a negative impact on achieving sustainability targets. According to PIE analyses published in the report “Green economy – the impact of the green economy on the climate…
Lithuania is among the worst European Union member states in terms of opening up and using data crucial for public interest, according to a global data barometer. Lithuania scored 37 out of 100 points in the first-ever survey and was ranked the last in the region, alongside Greece and Malta, Transparency International Lithuanian Chapter said…
The market value of the volume of Estonia’s stabilization reserve shrank by EUR 3.6 million last year, to land on EUR 428 million in March, a Finance Ministry report suggested. The market value in volume of the stabilization reserve for use in crisis situations was EUR 427,686,221 in late March, down by EUR 3.58 million…
At a meeting on May 17, the Cabinet of Ministers has endorsed a resolution to attract a soft loan of up to EUR 150 million from the State Bank of Germany “Credit Institute for Reconstruction” (KfW). The loan is provided for a period of 15 years, taking into account the grace period for the first…