The European Commission’s recommendations for Estonia include expanding unemployment insurance benefits to cover non-standard forms of work and updating vehicles. The European Commission on May 23 published its country-specific recommendations for the next six months. The Commission urges Estonia to expedite renewable energy projects, secure cross-border energy links and render the transport sector more environmentally…
Lithuanian President Gitanas Nauseda has signed the revised 2022 state budget bill into law but criticised the government for being too slow in countering inflation. “People pay taxes to contribute to a bigger budget and better public services in good times and to receive timely state support in difficult times,” he said in a statement…
Poland’s retail sales increased in real terms by 19% YoY, but fell by 0.1% MoM in April, the Central Statistical Office said on May 23. Economists polled by PAP expected April’s retail sales to grow in real terms by 17.8% YoY and drop by 0.5% MoM. In current prices, retail sales increased by 33.4% YoY…
Lithuanian cities will be able to introduce cycle streets from June 1. The special streets, marked with a new road sign, will be dedicated to mixed traffic of bicycles and cars. “The opening of cycle streets is a new step in promoting sustainable mobility in cities. These are streets where cyclists will be able to…
President of Poland Andrzej Duda considers that it is very important for global food security to unblock the port in Odesa so that Ukraine will be able to export food to countries that need it. Duda said this at a joint press conference with President of Ukraine Volodymyr Zelensky in Kyiv. As Duda stressed, not…
As of May 19, 182 thousand hectares of sugar beets were sown in Ukraine. According to the press service of the Ministry of Agrarian Policy and Food, Ukraine continues sowing campaign. 182 thousand hectares of sugar beets have been sown in the territories controlled by Ukraine. Sowing of spring crops is carried out by 23…
The central Bank of Lithuania has set up a specialised Centre for Financial Market Development to promote continuous successful growth of the country’s financial market. The centre will look for ways to strengthen the existing financial market participants and attract new ones, promote sustainable FinTech development, implement capital market development measures. The Bank of Lithuania’s…