Vilnius launched its Christmas market on November 26, resuming the tradition that was suspended in 2020 and 2021 due to the coronavirus pandemic. Despite inflation, sellers say business is going fine and visitors are happy to pay up to 8 euros for a serving of mulled wine. Karolina, who runs a stand in the Christmas…
Despite the constant shelling of the energy system, it remains integral. All regions of Ukraine are connected, except for Kherson region, where the area is densely mined and the damage is very significant, Prime Minister Denys Shmyhal stated in his opening statement during a Government session on November 29. According to him, currently, electricity production…
First Deputy Prime Minister – Minister of Economy of Ukraine Yuliia Svyrydenko and Secretary of State for Transport of the United Kingdom Mark Harper discussed the special importance of infrastructure in preserving the resilience of the Ukrainian people. Destruction of the electricity grid, blocking of ports and other infrastructure damages is a barbaric attempt by…
Siauliai municipality in northern Lithuania took a slew of measures to cut energy bills, but stopped the experiment after a month. In October, the Siauliai municipal administration set out to make significant savings. Air conditioner remotes were taken away from employees to prevent them from hiking up the heat. The number of kettles in the…
The budget of Georgia’s Black Sea region of Adjara has tripled over the past 10 years and crossed the GEL 50-billion ($18.08 billion) threshold, Tornike Rizhvadze, the head of the regional government, revealed on November 29. A number of “important projects and programmes” will be planned for the residents of the region with the use…
Even as annual inflation continues to run excess of 20%, it edged down in the past two months and is expected to drop significantly next year, according to Lithuania’s central bank and finance minister. “Inflation is easing. It has already peaked and various institutions are forecasting an average annual inflation rate of less than 10%…
Poland’s record-high inflation may start to drop in the second quarter of 2023, according to Mateusz Morawiecki, the prime minister. Poland saw the prices of consumer goods and services (Consumer Price Index, CPI) soar to 17.9% YoY, and by 1.8% MoM in October, the Central Statistical Office reported. The CPI is now at its highest…