The European Union has officially suspended all duties on imports coming into the EU market from Ukraine to boost Ukraine’s economy affected by the Russian aggression. The relevant statement was made by the European Commission Spokesperson for Trade and Agriculture Miriam Garcia Ferrer at a briefing in Brussels. According to Miriam Garcia Ferrer, the regulation…
Delays at airports across Europe have been caused by a sudden surge in demand coupled with a labor shortage, Estonian experts have said. Air traffic has returned to pre-pandemic levels, Eero Pargmae, Commercial Director of Tallinn Airport, has said. “In May last year, we serviced 54,000 passengers in the whole month and 271,000 passengers in…
Polish retail sales grew by 21.1% YoY in April after a 19.4% increase in March, Eurostat, the EU’s statistics agency, reported. Month on month, retail sales went down by 3.3%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data also include small…
The turnover received by the Georgian business sector increased by 33.2% YoY and amounted to GEL 38.6 billion (about $12.95 billion or EUR 12.05 billion) in the first quarter of 2022, the latest data published by the National Statistic Office of Georgia showed. The trade sector (including repair of motor vehicles and motorcycles) had the…
In April-May, Moldovan producers managed to export over 63 thousand tons of apples. In the same period of last year, 39 thousand tons of apples were exported, the Moldova Fruit Association reported. “The fruits reached Romania, Saudi Arabia, the United Arab Emirates, Turkey, Iraq, the Russian Federation, etc. Exports to Romania increased. While in April-May…
As many as 59% of the Polish public cannot afford to go on holiday this year, a new survey has shown. The June 3 edition of the Super Express daily, which commissioned the research, highlighted the effects of inflation on Poles’ vacation plans. “Inflation stood at almost 14% in May and according to economists, the…
Lithuania’s former president (2009-2019) Dalia Grybauskaite has slammed the EU’s response to Russia’s invasion of Ukraine. In Grybauskaite’s view, rambling over sanctions shows the weakness of democratic countries, cause great reputational damage to the West and, at the same time, give Pootin the green light for further aggression. – The war in Ukraine has been…