Visa liberalization for Georgia has been adopted by European Parliament on February 2. Visa free entry enables the citizens to enter the Schengen area for 90 days within any 180-day period for touristic, business or other purpose, except working. “Today is a day of historical significance for Georgia,” Prime Minister…
Russia has experience an economic contraction over the past few years as Western sanctions imposed after the annexation of Crimea and the collapse in the price of crude oil have taken its toll. The Russian federal budget has also suffered due to the impact of these external shocks. Although the…
In early January, Belarus introduced a visa-free regime for citizens of 80 countries, including the US and EU member states. Citizens of these countries will be able to stay for five days in the country without a visa. In response to the country’s decision to abolish visas for short-term travelers,…
Russian manufacturing expanded at the fastest pace in six years as factory output, new orders, and employment surged. The seasonally adjusted Purchasing Managers’ Index, or PMI, climbed to a 70-month high of 54.7 in January from 53.7 in December. Strong demand pushed production higher and factories added workers to keep…
Freedom House released 2017 year report on the level of political and civil liberties in 195 countries around the world. Of these countries, 87 are rated free, 59 – partly free and 49 – not free. Russia In the report Russia is marked as authoritarian country, which stands…