Prices of consumer goods and services (Consumer Price Index, CPI) increased by 11.5% YoY and by 0.1% MoM in June, the Central Statistical Office (GUS) reported in a flash estimate on June 30. Economists polled by PAP Business estimated that June’s CPI would reach 11.7% YoY and 0.2% MoM. In May, the prices of consumer…
Estonia and Lithuania have agreed to jointly procure EUR 200 million worth of explosives, explosive materials and charges. Local companies are likely to benefit. Explosives are needed to detonate enemy landmines if minefields are impassable, the commander of the Engineer Battalion Lt. Col. Priit Heinloo has said. “In order to get through a larger minefield…
The state budget of Ukraine has received grant funds in the amount of $1.215 billion through the World Bank’s Multi-Donor Trust Fund. In particular, Ukraine received $1.2 billion from the United States of America and $15 million from Finland. The grants were provided as part of the fifth additional financing under the PEACE in Ukraine…
The State Agency for Infrastructure Recovery and Development plans to renovate about 40 bridges in 2023. “In Ukraine, 346 artificial structures have been destroyed, 157 on state roads. The agency has ensured passage through 85 destroyed bridges by building temporary crossings. Last year only, 41 bridges were repaired, including those destroyed during the hostilities. This…
Moldova hosts an international conference titled “Combatting the energy poverty in Europe: challenges, lessons learned and ways to be followed”. During the high-level dialogue, the guests discuss the way Moldova managed to go through the energy crisis in the last years, providing compensations in invoice for the household consumers and economic agents and unveiled this…
The expenditures of Poles on travel and tourism in 2022 stood at PLN 86.6 billion (EUR 19.44 billion), up by 50.1% YoY, the Central Statistical Office (GUS) reported on June 29. Of the total spent, domestic travel and accommodation accounted for PLN 42.1 billion (EUR 9.45 billion), up by 31.9%, and foreign travel and accommodation…
Lithuania still continues attempts to convince colleagues in Latvia and Estonia to speed up the synchronisation of their power networks with continental Europe, Prime Minister of Lithuania Ingrida Simonyte announced on June 29. “It would be optimal for Baltic States to make a joint decision,” she told Ziniu radijas, adding that decision-making would be easier…