Poland: metals group KGHM signs nuclear reactor deal with Romanian firm

Polish metals group KGHM signed a memorandum of understanding on September 6 with Romanian nuclear energy company SN Nuclearelectrica on developing Small Modular Reactors (SMRs). KGHM said the non-binding memorandum included exchange of experience and knowledge over 36 months on technical, economic, legal, financial and organisational aspects of SMR development with the US firm NuScale.…

Poland: unemployment to rise in 2023

In the assumptions for next year’s budget, the Polish government forecasts unemployment to grow by 1%, the minister for family and social policy has said. Marlena Malag was asked on public radio on September 7 whether unemployment would remain at its current level. On September 6, she said August’s jobless rate stood at 4.9%, the…

Ukraine: international reserves up in August 2022

In August, Ukraine’s international reserves increased by 13.6%, to $25.436 billion. “As of September 1, Ukraine’s international reserves amounted to $25,436.0 million according to preliminary data. In August, they increased by 13.6% due to the receipt of a significant amount of international aid amid the country’s moderate debt payments in foreign currency and less NBU’s…

Poland: unemployment unchanged in August 2022

The initial Labour Ministry reading showed that the rate of unemployment was at 4.9% in August, unchanged from the previous month, Marlena Malag, the minister of labour, said. If the rate is confirmed by the country’s stats office, it would mean that unemployment has remained the same for three months. “In August, the level of…

Lithuania: problems on its Boxer IFV platform fixed

Lithuania’s armed forces have now fixed technical and software problems on their Germany-made Boxer IFV platform that houses an Israeli turret, the country’s Defence Ministry reports. “Upgrades are now being installed in vehicles delivered to Lithuania and this process will be finalised in November. The delivery of new Vilkas Infantry Fighting Vehicles (IFVs) to the…