Poland: inflation to stay high

Inflation will remain at a high level in the coming months but it should soon start declining owing to a drop in the annualised growth of energy prices, Adam Glapinski, governor of the National Bank of Poland (NBP), has said. Glapinski made the statement at a press conference on September 8, which followed the central…

Ukraine: GDP decline slowing down

The Ministry of Economy of Ukraine predicts a slowdown in GDP growth in 2022 to 33.2%, confirmed by the trends observed in the second quarter and August. On September 8, the State Statistics Service of Ukraine published data noting the GDP decline in the second quarter amounted to 37.2% (compared to the second quarter of…

Ukraine: Ukroboronprom and Honeywell sign framework cooperation agreement

Ukroboronprom State Concern has signed a framework cooperation agreement with the American corporation, Honeywell. The relevant statement was made by Ukroboronprom State Concern on Telegram. “Ukroboronprom State Concern has signed the framework cooperation agreement with the American multinational corporation, Honeywell. The areas of cooperation will include aviation, unmanned aerial vehicles, navigation and radars,” the report…

Lithuania: howitzers from reserve sent to Ukraine

Lithuania has sent 105-mm howitzers from its reserve to Ukraine, Defence Minister Arvydas Anusauskas has announced. “M50/M101 105 mm howitzers held in reserve of the Lithuanian Armed Forces were sent to Ukraine,” he said in a Facebook post. The minister added that Lithuania’s total military assistance to Ukraine, including the current and other planned shipments,…

Moldova: state budget law for 2022 amended

MPs convened at an extraordinary session adopted in the second reading amendments to the State Budget Law for 2022. The document was voted by 53 MPs. Following the amendments, the revenues of the state budget for this year increase from 52.701 billion lei to 57.971 billion lei (+10%) and the expenses – from 72.087 billion…