Baltic States: Russian money flow falling

A study conducted by the Financial Intelligence Units (FIU) of Estonia, Latvia and Lithuania has found that travel restrictions associated with both the Covid pandemic and the start of the full-scale invasion by Russia of Ukraine have significantly reduced the inflow of cash, including of the ill-gotten variety, from Russia and into all three Baltic…

Poland: anti-inflation shields to continue if needed

Anti-inflation shields, introduced to help the Polish people cope with high inflation, will remain in place if necessary, the Polish government spokesman has said. “Our government always takes action during crises. Financial, anti-crisis and anti-inflation shields were launched when the need arose,” Piotr Mueller wrote on X. “The situation will look the same in the…

Ukraine: work on legal mechanisms to combat fraud with EU funds intensified

On August 31, a meeting of the Interagency Coordination Council for countering violations affecting the financial interests of Ukraine and the EU was held, chaired by Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna. The participants focused on Ukraine’s fulfilment of its obligations under the Association Agreement in terms of financial…