The budget for the government’s Railway Plus program, aimed to develop local rail connections, will be doubled to PLN 11 billion (EUR 2.37 billion), Mateusz Morawiecki, the prime minister, has said. Speaking in the south-eastern town of Janow Lubelski on April 20, Morawiecki said the Cabinet would approve the program later in the day. “It…
The ruling coalition in Latvia has reached a conceptual agreement in favour of the proposal from the Ministry of Welfare to perform pension indexation earlier this year, as confirmed by Prime Minister Krisjanis Karins. According to the politician, this will be part of the promised aid to half a million Latvian residents who “truly need”…
On the sidelines of a working visit to the United States, Deputy Prime Minister Nicu Popescu, Minister of Foreign Affairs and European Integration attended a roundtable discussion with representatives of the American-Central European Business Association (ACEBA). According to the MAEIE press service, Popescu expressed the country’s interest in strengthening economic and investment relations with ACEBA…
Poland’s high inflation in recent quarters has been fuelled by rising manufacturing costs owing to growing prices of oil and gas as well as government decisions, the Polish Chamber of Commerce (KIG) has said. Core inflation, which excludes the prices of food and energy, reached 6.9% YoY in March, the National Bank of Poland (NBP)…
In March, the producer price index of industrial output increased by 3% compared to February and by 30.3% compared to March 2021, data from Statistics Estonia showed. The index shows changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export. Eveli Sokman, leading analyst at Statistics Estonia,…
The Government supported the draft law designed to ensure the free circulation in Ukraine of goods that meet the requirements for the safety of EU non-food products. This was announced by Prime Minister Denys Shmyhal. “Our main goal is a European future, European standards in everything. After the war, we plan to build a new…
Russia’s invasion has damaged or destroyed up to 30% of Ukraine’s infrastructure valued at $100 billion. The reconstruction could be achieved in two years using frozen Russian assets to help finance it. “Practically all components of our transport infrastructure have suffered in one form or another,” Infrastructure Minister of Ukraine Oleksander Kubrakov told Reuters. He…