Lithuania dropped four notches to rank 12th out of 165 countries and territories in the Fraser Institute’s latest Economic Freedom of the World index. In the latest report, based on 2020 data, Lithuania scored 7.82 out of a possible 10 points, 1.1 points lower than a year ago. According to the Canadian think tank, Lithuania’s…
Poland’s seasonally adjusted unemployment rate remained unchanged from the previous month at 2.6% in August, Eurostat, the EU’s statistical office, reported. According to Eurostat, the unemployment rate in the eurozone countries, according to seasonally adjusted data, remained unchanged MoM in August, at 6.6%. According to Poland’s Central Statistical Office (GUS), Poland’s unemployment rate went down…
The Lithuanian Defence Ministry on September 30 signed a contract with a Polish company for the acquisition of kamikaze drones for Ukraine. The ministry has said Lithuania will use funds raised in a crowdfunding campaign to buy Warmate drone systems from Poland’s WB Group and hand them over to Ukraine. Deputy Defence Minister Vilius Semeska…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 17.2% YoY and by 1.6% MoM in September, the Central Statistical Office (GUS) reported in a flash estimate. Economists polled by PAP Business estimated that September’s CPI would reach 16.6% YoY and 1% MoM. In August, the prices of consumer goods and services…
Over 85% of the work carried out on several road sectors in Ialoveni district has been completed. The work process was inspected by Deputy Prime Minister Andrei Spinu, Minister of Infrastructure and Regional Development, the leadership of the State Road Administration (ASD) and representatives of the World Bank. According to ASD, by rehabilitating this road,…
Poland’s average corporate gross monthly wage rose by 10.8% YoY, to PLN 6,196.99 (EUR 1,274) in the first half of 2022, the Central Statistical Office (GUS) reported. The number of employed people in the 38-million nation went up by 1.6% as of June 30 and reached 9,761,000. In the first half of 2022, average employment…
The Georgian economy grew by 10.5% YoY in August and by 10.3% in the first eight months of 2022, the latest data from the National Statistics Office of Georgia showed. The estimated real growth was observed in the following activities: transportation and storage, construction, information and communication, hotels and restaurants and trade. A decline was…