Lithuania: trade with Taiwan to grow

Lithuania expects trade with Taiwan to grow after it opened a Trade Representative Office in Taipei on November 7, Economy and Innovation Minister Ausrine Armonaite said. “Clearly, I would like to see higher trade volumes, but it’s only been a year since Lithuania deepened relations with Taiwan, so we expect that once the momentum picks…

Poland: no rate hike due to global slowdown

Poland’s rate setting council said on November 9 that its decision to put interest rates on hold was based on expectations that the global economic slowdown along with monetary tightening in Poland and abroad would lower inflation towards the central bank’s inflation target. In a statement issued after its decision to keep interest rates level,…