Remittances to Georgia from abroad reached $183.4 million in February, up by 13.7% YoY, the National Bank of Georgia (NBG) announced on March 15. The largest remittance senders were in Italy ($32.96 million), Russia ($21.94 million) and the United States ($21.10 million), the data also showed. Overall, a vast majority – 93.1% – of all…
In January, the number of foreign and resident visitors comprised 79.3 thousand, up 2.1-fold YoY, but twice as less than before the beginning of pandemic in January 2020. As compared to January last year, the number of nights spent by visitors comprised 146.6 thousand nights, up by 84.9%. In January, tourist accommodation establishments hosted 49.9…
President of Ukraine Volodymyr Zelensky promises maximum deregulation of business and calls for the resumption of business activities where there is no fighting. The Head of State made a corresponding statement in his evening address on March 14, after 19 days of resistance to the Russian aggression. According to him, the Cabinet of Ministers of…
The Lithuanian government is considering lowering excise duty on fuel in a bid to bring down soaring gasoline and diesel prices, Deputy Finance Minister Gediminas Norkunas said on March 14. “I cannot discuss anything until measures have been approved by the cabinet, but yes, we are looking at possible measures,” Norkunas told the parliamentary Committee…
In January, the foreign trade turnover of Latvia amounted to EUR 2.95 billion, which at current prices was 32.9% larger than a year ago, of which the exports value of goods was 29.6% higher and but imports value of goods – 35.8% higher. Latvia exported goods in the amount of EUR 1.37 billion and imported…
President Maia Sandu has approved the signing of the Financing Agreement for the project that will improve water and sewerage infrastructure in several localities, including Comrat and Soroca. “Due to this project, thousands of households in Rascani, Cahul and Vulcanesti districts will have access to quality water. The wastewater infrastructure in the municipalities of Soroca…
Lithuanian businesses are rushing to help those fleeing the war in Ukraine, as more than 800 companies have already offered around 8,000 jobs for Ukrainian refugees. The Lithuanian government has also simplified their employment procedures and is preparing to pay one-off settlement allowances. Svetlana Palenko came to the registration centre in Lithuania’s Alytus from the…