On June 28, the Finance Ministry placed government domestic bonds worth more than UAH 2 billion. A total of UAH 306.8 million was raised in the state budget through the placement of three-month hryvnia-denominated bonds, UAH 30.05 million – six-month bonds and UAH 12.6 million – 1.5-year bonds. In addition, a total of $46.4 million…
The Ukrainian court ruled to seize property belonging to Russian corporations totaling more than UAH 4.5 billion. The Office of the Prosecutor General noted that the pre-trial inquiry launched into the plotting and conducting an aggressive war against Ukraine identified assets of Russian corporations, including those hidden in offshore jurisdictions, that could be used in…
Minors will no longer be able to buy lottery tickets in Lithuania under a new law passed on June 28. The parliament adopted the amendments to the Law on Lotteries in a vote of 88 to seven with 23 abstentions. The ban will come into effect in January 2023. The new legislation will also prohibit…
Inflation in Poland is expected to continue to rise, the Polish government spokesman has said. Poland is battling one of the highest inflation rates the country has seen in years. According to the Central Statistical Office, prices of consumer goods and services (Consumer Price Index, CPI) increased by 13.9% YoY and by 1.7% MoM in…
Even before the Jani heat the estimate of summer crops in the country, Latvian Agricultural Advisory and Training Centre (LLKC) specialists admitted that even in spite of impressive rain showers the summer crop harvest is expected to be good. Nevertheless, the situation may yet change. So far summer crops have enough moisture. There are even…
Estonian experts do not expect the price of gas to fall in the coming months and see no reason for it to do so until the end of the year. Currently, there is a shortage across Europe. The price of natural gas has risen to EUR 130 per megawatt-hour. In April, it was EUR 100…
If the European Commission makes concessions to sanctions on the transit of some goods between mainland Russia and Kaliningrad, this will create additional legal problems, Lithuania’s Foreign Minister Gabrielius Landsbergis said on June 28. According to the minister, the Commission is still working on a document on how the EU sanctions should be implemented and…