News

At the invitation of the German Ambassador in Tbilisi, H.E. Hubert Knirsch, the German Economic Team was given the opportunity to speak on the economic impact of the war in Ukraine on Georgia.

The Ukraine war and the sanctions imposed on Russia have a wide range of economic impacts. Particularly affected are countries that have close economic ties with Ukraine and Russia. Russia itself is experiencing a significant drop in GDP.

The Ukrainian banking sector has so far shown remarkable resilience to the consequences of the war. What are the reasons for this, will the sector remain stable in the future and how can stability be secured and expanded?

The article, published in EURACTIV, cites Garry Poluschkin on the implications of the war for the Ukrainian IT-sector.

Every six months, the German Economic Team publishes the economic monitors for the project countries. The information event at the Federal Ministry for Economic Affairs and Climate Action provides an opportunity to present these to a wider circle of interested parties.

The 20th High-Level Event on Government Adivce took place during the week of 21 February – 25 February 2022.