Lithuania: railways risk falling under US sanctions for transporting Belarusian cargo

Lithuania’s state-owned railway company Lietuvos Gelezinkeliai (LTG) risks falling under US sanctions as it continues to transport Belarusian fertilizers, Prime Minister Ingrida Simonyte has warned. She was commenting on LTG’s statement that it had received an official confirmation from the US Treasury Department’s Office of Foreign Assets Control (OFAC) that Washington’s sanctions against Belaruskali, one…

Latvia: unemployment up in November 2021

In November, actual unemployment rate comprised 7.1%, up by 0.4% MoM. The unemployment rate for males increased by 0.3%, to 7.9% in November, while for females it rose by 0.6%, to 6.3%, according to data of the Labour Force Survey conducted by the Central Statistical Bureau (CSP). The unemployment rate registered with the State Employment…

Georgia: economy up in Q3 2021

Nominal Gross Domestic Product in Georgia equaled 15.99 billion GEL in the third quarter of 2021 and real GDP grew by 9.1%, while the GDP deflator (inflation measure) increased by 9.4% in the reporting period, preliminary data from the National Statistics Office of Georgia (Geostat) showed. The highest real GDP growth was registered in the…