Georgia: pension loan interest rates to decrease annually

Georgian Deputy Finance Minister Mikheil Dundua on January 4 announced interest rates on pension-backed loans would see annual reduction, in comments on Government initiatives for pensioners and socially vulnerable citizens. Georgian Public Broadcaster cited Dundua as saying the Government would work to apply the newly reduced upper interest rate limits for pension-backed loans to loans…

Poland: fuel prices among Europe’s lowest

Poland’s fuel prices are among the lowest in the EU, the government spokesperson has said responding to opposition claims that fuel prices are being inflated. On January 3, the main opposition party, Civic Platform (PO), accused the state-owned fuel corporation PKN Orlen of unnecessarily raising fuel prices. According to PO, the hike in prices cost…