Financed by the Federal Ministry for Economic Affairs and Energy, the Kyiv School of Energy Policy and Berlin Economics organised an online-training for Ukrainian decision makers on EU Energy market for the fourth time.
The speakers were:
On 23 October 2020, the Gagauzia Investment Forum was held at Comrat, Autonomous Province of Moldova. The Managing Director of Berlin Economics Dr. Ricardo Giucci was invited to give a “Key-note speech” on the impact of the Corona crisis on the Moldovan economy and Gagauzia as a location of investment. The speech was followed by a panel discussion in which the Moldovan Minister of Economy, the Head of the Economic Council of the Prime Minister and the Director of the Investment Agency participated. Gagauzia hopes to benefit in particular from the trend of so-called nearshoring.
Berlin Economics to consult the Gagauzia Investment Agency on its further development. The Gagauzia Investment Agency is a young organisation tasked with promoting investments and exports of Moldova’s autonomous region Gagauzia. The investment agency can already point to a number of successfully attracted investment projects among them a new plant of the Japanese car parts manufacturer “Fujikura”. Berlin Economics together with Vogler Economic Development Consultants will support the agency with its further strategic planning and through coaching and workshops.
Financed by the Federal Ministry for Economic Affairs and Energy, the Kyiv School of Energy Policy and Berlin Economics organised for the third time an online-training for Ukrainian decision makers on EU Energy market.
The speakers were:
Source of Funding: Federal Ministry for Economic Affairs and Energy
Period: 2017 – 2021
The German Economic Team advises the governments of Ukraine, Belarus, Moldova, Georgia and Uzbekistan regarding the design of economic policy reform processes and a sustainable development of the economic framework. As part of the project we also work in other countries, especially Armenia, on selected topics.
In a continuous dialogue with high-level decision makers of the project countries, we identify current problems in economic policy and then provide concrete policy recommendations based on independent analysis.
In addition, GET supports German institutions in the political, administrative and business sectors with its know-how and detailed knowledge of the countries’ economies.
The biannual information meeting on high-level government advice in Ukraine, Belarus, Moldova, Georgia, Uzbekistan and Armenia was held – divided into two blocks – on 18 and 24 June, with the Federal Ministry for Economic Affairs and Energy (BMWi). The event was opened by Andreas Nicolin, Deputy Head of Department and moderated by Yildiz Götze, Head of Division.
On December 2, upon the invitation of Berlin Economics, Jens Münzer from the Federal Financial Supervisory Authority (BaFin) gave a talk on the regulation of cryptocurrencies at the American University of Armenia, exemplified by German legislation. The Armenian government wants to boost the IT sector and has opened a free economic zone with a centre for crypto mining. There are initiatives in Armenia to regulate cryptocurrencies only lightly, which would entail significant risks for the banking sector and the country’s reputation. Against this background, regulation of cryptocurrencies is of particular significance in Armenia.
Despite the increased global interest in cryptocurrencies, there exists no international consensus on how to regulate them. Berlin Economics invited Jens Münzer from the Federal Financial Supervisory Authority (BaFin) to give a presentation on the topic of regulation of cryptocurrencies, exemplified by German legislation. On December 2, the seminar was held in the Central Bank of Armenia with ca. 35 attendees from the CBA. Many interposed questions and a vivid discussion clearly demonstrated keen interest and current relevance of the topic.
During a trip to Tbilisi, Dr. Alexander Lehmann, financial sector expert of the German Economic Team (GET) Georgia, presented the second issue of the Financial Sector Monitor.
This product is consistently done in several countries in the region and reveals that the Georgian financial sector is a major asset in the investment environment. The publication analyses the sector in a regional context. It sketches the sector’s potential to further support growth and innovation in Georgia and to provide wider access to credit for households and enterprises. It also highlights the strengths and weaknesses of the banking sector for Georgia’s future development.