Poland: core inflation rate up in September 2022

Poland’s core inflation, which excludes the prices of food and energy, measured 10.7% YoY in September, up from 9.9% in August, the National Bank of Poland (NBP) said on October 17. Inflation excluding fixed prices amounted to 17.8% in September, up from 16.7% in the previous month. Inflation excluding the most volatile items measured 13.6%…

Georgia: Romania to allocate $300,000 to strength defence capability

Romania will allocate $1.4 million to NATO funds dedicated to strengthening the resilience of defence capabilities of Ukraine, Moldova, Georgia and Jordan, the Romanian foreign office has said. The Romanian foreign office specified that $300,000 from the amount would be allocated to specifically improving the defence capacity of Georgia. The decision corresponds to Romania’s foreign…

Lithuania: Vilnius and Kaunas launch heating season

Lithuania’s two biggest cities, Vilnius and Kaunas, are turning on central heating this week. In the Lithuanian capital, municipal heating will be switched on gradually starting with Fabijoniskes, Seskine, Pilaite, Senamiestis, Snipiskes, Karoliniskes, Lazdynai, Naujoji Vilnia, Baltupiai and Grigiskes on Monday and Tuesday. From Tuesday, central heating will be switched on in the districts of…

Ukraine: government’s new program to allow certain portion of businesses to resume operations

The Government continues to support businesses through soft credit programs, Prime Minister Denys Shmyhal has said. During a meeting, the Cabinet of Ministers has approved a resolution facilitating the attraction of up to UAH 60 million in preferential loans by enterprises that lost their production facilities due to the war. “We are talking about facilities…