The income of 21.7% of Latvian households has decreased in the last twelve months and for 18.5% households income has increased. Negative and positive changes with income of Latvian households were observed more clearly in cities these past twelve months – 20.2% of city-based households mentioned their income has increased (14.3% in the countryside), 23.2%…
Over 32,500 households received 1,000 lei each as one-off aid offered by the European Union. A total of 40,000 households will get it in response to the energy crisis. Distribution of support to vulnerable groups is done through the non-governmental organization People in Need Moldova and with the involvement of the Government of the Republic…
Taiwan will offer strategic proposals to Lithuania’s semiconductor industry, according to Eric Huang, head of the Taiwanese representation office in Vilnius. “We are going to talk with a lot of companies, research centres and government institutions and we will form some of the suggestions of strategies for Lithuanian companies and government of the semiconductor industry,”…
Switzerland will provide 2 million francs to the Republic of Moldova for the fight against corruption and has already delivered over 2 tons of humanitarian aid for refugees. The statements were made in Chisinau by the President of Swiss Confederation Ignazio Cassis, during a joint press conference with head of state Maia Sandu. During the…
On March 22, Lithuanian lawmakers gave their initial backing to proposed amendments on one-off payments to highly qualified Ukrainians and other nationals who were fleeing war. MPs accepted the proposed amendments to the Law on Employment, expected to help attract more highly qualified professionals from abroad and help skilled refugees from Ukraine. The amendments will…
People fleeing the conflict in Ukraine have been able to find work, this is often at a fraction of the wage offered to local hires. Wages for refugees as low as one quarter of that offered to a local worker have been reported, while the influx of Ukrainian people seeking work has caused confusion among…
The refinancing rate in Georgia is predicted to increase in March, the Managing Director of Galt & Taggart investment bank Otar Sharikadze has said. According to Sharikadze, the National Bank of Georgia (NBG) will increase the refinancing rate by 1-1.5% at the next meeting of the Monetary Policy Committee of the NBG scheduled for the…