Moldova: IMF to grant $27 million

The Executive Board of the International Monetary Fund (IMF) concluded the second review under the 40-month Extended Credit Facility (ECF) and Extended Fund Facility (EFF) Arrangements for the Republic of Moldova. This allows for the immediate disbursement of SDR 20.65 million (about $27 million), usable for budget support, bringing Moldova’s total disbursements under the blended…

Poland: Croatian euro switch a warning

Price hikes in Croatia after it adopted the euro can serve as a warning to Poland, the Polish prime minister said on January 10. Mateusz Morawiecki told a press conference that Croatia’s use of the euro, which began on January 1, had resulted in a rapid rise in the prices of fuel, consumer goods and…

Lithuania: wrong time to raise retirement age

It’s necessary to focus on increasing healthy life expectancy in Lithuania, instead of weighing up the idea of increasing the retirement age, a presidential adviser has said. “The existing average in Lithuania is now 57.5 years,” Irena Segaloviciene said on January 10, adding that Lithuania expected to reach a life expectancy of 65 years only…