Polish retail sales grew by 14.5% YoY in March after a 14.2% increase in February, Eurostat, the EU’s statistics agency, reported on May 4. Month on month, retail sales went up by 0.7%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data…
The Cabinet of Ministers has allocated another sum worth UAH 500 million for the purchase of medicines, medical purpose goods and equipment, the Prime Minister Denys Shmyhal has announced. “The support of our citizens remains the topmost priority. From the first weeks of the war, we triggered and are actively implementing a program of free…
In April, inflation rate in Ukraine was at 15.9%, and it might exceed 20% until the end of the year. “We have a significant level of price rise, but it is controlled. And such indicators cannot be compared with 2015 when inflation reached 60% in some months,” Governor of the National Bank of Ukraine Kyrylo…
The Organization for Economic Co-operation and Development (OECD) has suggested that Lithuania should scrap the existing VAT concession for hotels and restaurants. The existing VAT concession for the catering sector expires at the end of this year. It was introduced last year to help businesses affected by the Covid-19 pandemic. Hotels have been subject to…
Passenger traffic at Polish airports increased by 35% last year against 2020, but was still down by 60% compared to 2019, due to the recurring waves of the Covid-19 pandemic, the Civil Aviation Authority (ULC) said. “Due to the pandemic, new restrictions on air travel continued or were imposed, which made it difficult to rebuild…
Moldovan apple growers have begun to diversify their fruit markets. In recent weeks, exports to the markets of the European Union, from the former Soviet Union and the Middle East, intensified. Following several meetings and debates with fruit growers, the relevant associations and due to the cooperation of producers with the Government, as well as…
Georgia and the Czech Republic have signed an agreement on priority directions in trade and economic relations between the two countries, the Georgian Economy Ministry announced on May 2. The agreement was revealed during the 6th Session of the Intergovernmental Commission on Economic Cooperation, where questions of deepening relations in trade, investment, energy, transport, tourism,…