Poland should remain a “green island” in 2023 and avoid the recession threatening other European countries, with GDP growth estimated at 1.7%, a deputy finance minister has said. Artur Sobon said that the 4.9% GDP growth for 2022 reported by the Central Statistical Office (GUS) on January 30 was a “very good result.” It followed…
While annual inflation in Georgia has “passed the peak” and is on a downward trend, the country’s National Bank (NBG) will pursue a “tight monetary policy” throughout the year to “reduce the risk of rising inflationary expectations” in the medium term. The NBG made the statement following the decision of its Monetary Policy Committee to…
The first segment of the Chisinau municipality’s belt road was opened for movement on February 1. The sector has a length of 6.6 km, four movement lanes, two intersections with circle junction and about 90 road signs set. The segment was rehabilitated with the support of the European Investment Bank (EIB). During the ceremony of…
PKN Orlen, Poland’s state-owned oil and gas company, has “ambitious” plans to build 76 Small Modular (nuclear) Reactors (SMRs) in Poland until 2038, the company’s CEO has said. Daniel Obajtek made the announcement at a press conference on January 31 after signing a letter of intent on cooperation between Orlen and several Polish universities on…
Estonia, Latvia, Lithuania and Poland signed a joint agreement to depend on security cooperation and establish a new platform that spans the four countries. Minister of Foreign Affairs Urmas Reinsalu (Isamaa) and his counterparts co-signed the document in Riga, Lavia on January 31. “It lays the foundation for a cooperation platform of the four countries,…
The Government has set up an Interagency Working Group on Accelerated Deregulation. It has already presented its first recommendations – to cancel 47 licenses and permits under the jurisdiction of the Ministry of Economy, Prime Minister Denys Shmyhal announced during a Government meeting on January 31. “These are the rules governing the export and import…
The Government has adopted amendments to the Rules for the provision of passenger road transport services. Now, carriers will have the opportunity to shorten the route at their own discretion if it crosses the front line and choose the destination to which they are ready to take passengers. Previously, this required new tenders for carriers,…