Georgia and the UK assessed Georgia’s investment potential and business opportunities. The issue was discussed at the meeting between the Head of the London Chamber of Commerce Richard Burge and the MPs of the Georgian Parliament on their official visit to the UK. According to Nikoloz Samkharadze, a member of the delegation and the Chairman…
It is expected for inflation in Latvia to remain at 7.5-8% throughout the entire first half-year of 2022. This will be dictated mostly due to the energy and food product price climb, as reported by the Ministry of Finance. In the second half of the year, inflation will gradually decrease, the ministry predicts. The latest…
Inflation rate in Georgia will remain double digit in the beginning of 2022 before decreasing sharply in March, the Renaissance Capital investment bank reports. Meanwhile, inflation rate in Georgia in December 2021 increased by more than 11% YoY, to 13.9%. Renaissance Capital considers the tightening of monetary policy by the National Bank of Georgia was…
As part of a new strategy for cooperation, Sweden will allocate EUR 22 million to Ukraine annually within the next seven years. Minister for International Development Cooperation of Sweden Matilda Ernkrans announced this at a briefing following the meeting with Ukrainian Deputy Prime Minister – Minister for Reintegration of the Temporarily Occupied Territories, Iryna Vereshchuk…
MPs adopted the package of laws providing for the establishment of the National Fund for Regional and Local Development. The fund will become the main source of financing for investment projects for local public authorities, in the field of energy, rural development (especially water supply and sewerage projects), local infrastructure, tourism attractiveness, economic infrastructure development,…
On February 9, the Prime Minister of Ukraine Denys Shmyhal met with the Minister of Foreign Affairs, European Union and Cooperation of Spain Jose Manuel Albarez Bueno. Denys Shmyhal emphasized that Spain remained one of Ukraine’s major trading partners in the European Union. He noted that in the first 11 months of 2021, trade between…
The Cabinet of Ministers has signed the draft agreement between Moldova and Romania on the implementation of the program on technical and financial assistance, based on a non-refundable financial assistance worth 100 million euros, provided to Moldova by Romania, the government’s communication and protocol department has reported. The document’s goal is to consolidate the cooperation…