Ukraine has offered the United States a “lend-lease” agreement on the supplies of liquefied natural gas (LNG) in order to get about six billion cubic meters of fuel. “Top energy executives from Ukraine are pitching Washington and other Western capitals on a raft of potential solutions to secure supplies to last through the upcoming winter…
The North Regional Development Agency (ADR), the Floresti District Council and the designated company have signed an enterprise contract within the infrastructure project “Water for life in the Northern Region: Floresti and Soroca 2 districts”, financed from the National Fund for Regional Development and Local Government (FNDRL). According to the contract, within 11 months, the…
The National Bank of Poland (NBP) paid out PLN 10.4 billion (EUR 2.22 billion), or 95% of its annual profit in 2021, into the state budget, the NBP said in a news release on June 15. In 2021, the NBP paid PLN 8.9 billion (EUR 1.9 billion) into the state budget. “On June 15, the…
41.2% of 820.5 thousand employed persons aged 25 and over in Latvia had higher education at the beginning of 2021. Since the Population and Housing Census 2011 the indicator has gone up by 5.2%. Last year, one fourth (24.7%) of the employed persons had acquired master’s degree, 12.7% had bachelor’s degree, 3.1% college education and…
Estonian pharmacy wholesaler Magnum Grupp has made its largest investment in a decade, albeit for an undisclosed sum, after purchasing Lithuanian chain UAB Apotheca Vaistine. The company will now be the sixth-largest pharmacy chain in the southernmost Baltic State. The purchase brings the total number of pharmacy outlets Magnum operates under its Apotheka brand to…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 13.9% YoY and by 1.7% MoM in May, the Central Statistical Office (GUS) reported on June 15. GUS thus confirmed its earlier flash estimate for both annual and monthly CPI readings in May. In April, the prices of consumer goods and services increased…
At the beginning of the year housing availability index in Baltic States started limping. The shocks caused by the war in Ukraine have impacted the real estate market a lot. Growing construction costs, shortage of construction materials and rapidly growing inflation causes concerns regarding housing availability in the near future. Swedbank Baltic Housing Affordability Index…