Poland’s industrial output fell by 2.9% YoY in March, the Central Statistical Office (GUS) reported on April 24. Month on month, industrial output increased by 14.1%. Economists polled by PAP expected March’s industrial production to fall by 1.8% YoY and to grow by 15.2% MoM. Manufacturing prices increased by 10.1% YoY in March, but fell…
Latvia’s government has halted plans to build a liquified fossil gas (LNG) terminal, although campaign groups warn that relying on fossil gas from Estonia, an option the two governments are now exploring, is a false solution. Few countries in Europe managed to slash their use of fossil gas in 2022 as much as the three…
Bilateral cooperation and the implementation of joint recovery projects were discussed during a meeting in Kyiv between Prime Minister of Ukraine Denys Shmyhal, Minister Delegate for Transport at the French Ministry of Ecological Transition and Territorial Cohesion Clement Beaune and Special Envoy of the President of France for Ukraine’s Relief and Reconstruction Pierre Heilbronn. “The…
A rehabilitation center intended for Ukrainian defenders is likely to be built in the Chernihiv region’s Nizhyn. The construction works are expected to be financed by the French Republic. The relevant statement was made by Nizhyn City Council on Facebook. “We are actively working to establish a rehabilitation center in Nizhyn, as there is a…
The International Monetary Fund’s updated forecast, projecting the “highest” economic growth for Georgia – 5% average – among the countries of the wider region and Europe, in the medium term between 2023 and 2028 was discussed on April 22 by the Georgian Government’s Economic Council, led by Prime Minister Irakli Garibashvili. The council highlighted Georgia’s…
A drop in inflation could result in a faster rise in real wages in the second half of the year, an economist from the Polish Economic Institute (PIE) said. Dawid Sulkowski said economic stagnation had led to a shrinking labour market, which in turn hampered wage growth. But, he said that if inflation were to…
MPs Radu Marian, Dan Perciun and Andrian Cheptonar, on a working visit to Great Britain, had a discussion with Director of the Eastern Europe and Central Asia Directorate of the UK Foreign and Commonwealth Office Rupert Ainley. Idea of organizing a forum of businessmen from the two countries and connecting business associations from Great Britain…