In the current 2021-2022 financial year (September 1, 2021 – August 31, 2022), Ukraine produced 1,450,000 tons of sugar, or 130.5% of the production of the previous financial year. Sugar was produced by 33 factories. According to the sugar supply and demand balance calculated by the Ministry of Agrarian Policy and Food of Ukraine, the…
Since the beginning of 2022, Ukraine has paid off $1.5 billion in foreign debt, Oleh Ustenko, adviser to the President of Ukraine on economic issues, has said. “We had to repay $3 billion for this year. We have already repaid $1.5 billion this year and we have another $1.5 billion left to pay off until…
Commercial banks in Georgia loaned GEL 43.65 billion ($14.85 billion) and received deposits of GEL 38.27 billion ($13.02 billion) in June, the latest data from the National Bank of Georgia showed. The volume of loans increased by 1.24% in June compared to the previous month, while the number of deposits increased by 3%. Last month,…
The Customs Service (SV) collected over 623.4 million lei (about 31.1 million euros) to the state budget on July 18-24, up by 8.5%from the budgetary task set for this time interval. According to SV, private people brought goods, the value of which in customs exceeded the non-taxable limit, with over 17.2 million lei collected, which…
Lithuania would have no difficulty meeting the European Commission’s recommendation to reduce its natural gas consumption if there is a shortage of gas this coming winter, Energy Minister Dainius Kreivys has said. Kreivys said Lithuania could replace gas used for heating in Vilnius with fuel oil, noting that businesses were cutting their gas use as…
Poland’s unemployment rate fell to 4.9% in June from 5.1% in May, the Central Statistical Office (GUS) reported on July 25. The number of registered unemployed measured 818,000 in June against 850,200 in the previous month, GUS also said. Earlier, the Family and Social Policy Ministry estimated June’s unemployment at 4.9%. (The First News/Business World…
LTG Cargo, the freight subsidiary of Lithuania’s state-owned railway group Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), informed its customers on July 22 that it was resuming the transit of sanctioned goods between mainland Russia and its Kaliningrad exclave, in line with the European Commission’s guidance. “In accordance with the relevant EU Council Regulation and the EC…