Representatives of all three Baltic States met in Tallinn to discuss Baltic space cooperation. All three countries are in full cooperation with the European Space Agency (ESA) and contribute to its programs, but say that in a rapidly developing field, joint projects in space tech and business would benefit all players. Paul Liias, head of…
The new deregulation package, approved by the Government at the initiative of the Ministry of Economic Development and Digitalization and which brings significant changes in areas such as digitalization, labor relations and state control of entrepreneurial activity will allow saving about 50 million lei annually (2.5 million euros). Deputy Prime Minister Dumitru Alaiba, Minister of…
The average inflation rate in Poland will reach 11.9% this year, 5.7% in 2024 and 3.5% in 2025, the National Bank of Poland has said in a forecast. “Over the projection horizon, CPI inflation will decline as factors currently boosting its level subside,” the NBP said in its March 2023 inflation report published on March…
The specific projects were reviewed on March 9 by Georgian Prime Minister Irakli Garibashvili and Mohamed Alabbar, the founder of Emaar Properties and Chair of Eagle Hills, as well as Ahmed bin Ali Al Sayegh, the State Minister in the United Arab Emirates. The favourable business environment in Georgia and the “great potential” of the…
On March 9, Minister of Finance of Ukraine Sergii Marchenko and Minister of Finance of Norway Trygve Slagsvold Vedum held an online meeting during which they discussed the current financial situation in Ukraine and the importance of external financial support. The meeting was also attended by Deputy Minister of Finance of Ukraine Olga Zykova and…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, has kept the reference interest rate at 6.75%. The National Bank of Poland’s Lombard rate remained at 7.25%, the rediscount rate at 6.80% and the discount rate at 6.85%, the RPP announced after its sitting on March 8. The RPP also left the deposit…
The Georgian technology startup is seeing an ecosystem emerge for the field in the country, however it needs “growth, refinement and adaptation”, a new report by the Asian Development Bank shows. The report from the bank, a social development organisation with focus on Asia and the Pacific, is entitled “Georgia’s Emerging Ecosystem for Technology Startups”…