The bid prices for corn decreased in the Ukrainian ports of the Danube (Reni and Izmail) last week. High supply on the domestic market that exceeded the demand as well as limited capacity of ports and overloaded logistics pressured the prices. The bid prices of corn decreased to $215-235/ton CPT-port and $280-285/ton FOB in the…
Up to one in three Poles are now actively looking for a new job, according to a new poll published on May 10. The poll, carried out by the employment services company Pracuj.pl, found that 36% were looking for a new employer. More than half of the respondents in this group (51%) were aged 18-24.…
Construction works on 88 bridges and 51 tunnels are “actively underway” at the Rikoti Pass, a mountain section dividing Georgia into its eastern and western parts, the Roads Department announced on May 10. The state body said the works were intended to speed up travel across the Pass, with an “almost doubled” traffic speed anticipated…
Lithuania is considering using the US Lend-lease Act to backfill the weapons it has sent to Ukraine, Chief of Defence Lieutenant General Valdemaras Rupsys said on May 10. “My suggestion to the leadership of the Defence Ministry is to use it, but this involves a lot of technical details,” Rupsys told reporters in Rukla, in…
Apples produced in the Republic of Moldova were exported to 18 destinations in April, the Moldova Fruit Association reported. The producers managed to sell in the previous month more than 25 thousand tons of apples, compared to 20 thousand tons sold in the same period last year. Moldovan fruits have reached the Russian Federation, Romania,…
The European Bank for Reconstruction and Development (EBRD) has revised down Poland’s projected GDP growth in 2023 to 3.5% from 4.5%, according to the EBRD’s latest report. At the same time, the EBRD has maintained its forecast for Poland’s 4% GDP growth this year. According to the report, the downside risks related to geopolitical uncertainty…
Boosted by sales of mineral fuels and electricity, Estonia’s imports and exports reached a record high in March, growing by more than 30% YoY, data from Statistics Estonia showed. In March, exports increased by 35% and imports by 31% compared to March 2021. Compared to the first quarter of last year, exports grew by 30%…