After the European Commission published new guidelines on the Kaliningrad transit, which allowed for the transportation of sanctioned goods by rail through Lithuania, the EC said that Vilnius did everything correctly, given the information it had. “Regarding the clarification, it is a technical change, there is no change in position – our recommendations are in…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 15.5% YoY and by 1.5% MoM in June, the Central Statistical Office (GUS) reported. The final figure is 0.1% lower than the flash estimate for June published by GUS two weeks ago. In May, the prices of consumer goods and services increased by…
With Lithuania recording one of the highest inflation rates in the euro zone, Finance Minister Gintare Skaiste says it is because the country’s economy has avoided a significant downturn during the pandemic. “During the pandemic, Lithuania’s economy, like of the other Baltic States, was relatively less affected than the other European Union countries,” Skaiste has…
Since the beginning of the full-scale war, the National Bank has purchased UAH 225 billion worth of domestic government military bonds, Deputy Chairman of the National Bank, Serhiy Nikolaychuk has said. “Since the beginning of the war, the National Bank has purchased UAH 225 billion ($7.6 billion) worth of military bonds from the government. Of…
Turkish Airlines has extended the cancellation of flights to and from Ukraine until August 31 inclusive, as well as to and from certain destinations in Belarus and Russia. “Our flights to and from Ukraine have been cancelled until August 31,” reads the announcement on the carrier’s website. As noted, passengers who have tickets for flights…
Poles purchased a record amount of bonds worth PLN 14.72 billion (EUR 3.05 billion) in June, the Finance Ministry announced on July 13. The total surpassed the previous record of PLN 2.4 billion (EUR 497 million) set in May. “In June, the sales of treasury savings bonds reached a record high,” Deputy Finance Minister Sebastian…
Georgia exported $439 million worth of goods in June, up by 25% YoY, preliminary data from the National Statistics Office of Georgia showed. The update has not included detailed data on the types of goods exported or re-exported last month, with figures on external merchandise trade to be published on July 19. Imports grew by…