On July 17-23, the Customs Service collected over 700.6 million lei (about 35 million euros) to the state budget. Private people brought goods with customs value exceeding the non-taxable limit, and payments of over 25.2 million lei were collected, which represented 3.6% of the total amount. The money collected from taxpayers is paid directly into…
Krakow’s Balice Airport, located in southern Poland, crossed the threshold of 5 million passengers serviced since the beginning of this year, the president of the airport announced on July 24. Radoslaw Wloszek said that these numbers indicated that the scale of passenger traffic was returning to levels seen before the Covid-19 pandemic. He pointed out…
Sense Bank, used to be owned by Russian oligarchs, is now controlled by Ukraine and will operate as usual. The relevant statement was made by Ukrainian President Volodymyr Zelensky in his video address. “Today, the procedure regarding one of the systemic banks, which belonged to Russian oligarchs, ended. Now, it has public management. The rights…
On July 20, Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, met with a World Bank delegation led by Antonella Bassani, Vice President for Europe and Central Asia. The Ministry of Economy and the World Bank are stepping up their cooperation to mobilise funding from donors and international financial institutions for…
Poland’s retail sales decreased in real terms by 4.7% YoY, but rose by 0.9% MoM in June, the Central Statistical Office reported. Economists polled by PAP expected June’s retail sales to fall in real terms by 4.9% YoY and to grow by 1% MoM. In current prices, retail sales increased by 2.1% YoY in June…
According to SEB Bank’s available data, although residents can register a payment card for their children starting from the age of seven, information indicates most children in Latvia receive their first payment card at the age of 16. Similarly in Lithuania, where children receive payment cards at the age of 15. In Estonia children generally…
The gross industrial output decreased by 7.4% YoY in May. Figures to this effect were unveiled by the National Statistics Bureau (BNS) on July 20. According to the quoted source, the gross industrial output reduced cumulatively by 6.4% since the beginning of this year. The drop of the production in January-May was triggered by the…