Prices of consumer goods and services (Consumer Price Index, CPI) increased by 15.6% YoY and by 1.5% MoM in May, the Central Statistical Office (GUS) reported in a flash estimate. Economists polled by PAP Business estimated that CPI would reach 15.5% YoY and 1.4% MoM. This is the highest CPI reading in Poland since 1997.…
The European Commission has not yet taken a decision on Kaliningrad transit sanctions, Lithuanian MEP Petras Austrevicius has said. “On June 30, European Commission officials, in response to my request to discuss the Kaliningrad transit issue in the EP Committee on Foreign Affairs, confirmed that there was currently no final decision on the matter,” he…
European grid operators are ready to implement immediately a long-term plan to bring the Baltic States, which rely on the Russian grid, into the European Union system in the event Moscow cuts them off, three sources familiar with the matter say. Concern about depending on Russia for any form of energy has mounted across Europe…
Saudi Arabian budget airline Flyadeal has made its inaugural flight to Georgia from the capital Riyadh and resort city of Jeddah with brand new Airbus A320neo aircraft, the United Airports of Georgia reports. The jet landed at Tbilisi International Airport last night, with an official welcoming ceremony hosted to mark the maiden connection. The Director…
Estonia and Latvia are jointly to procure mid-range air defense systems following an agreement at the NATO Madrid Summit. Defense minister Kalle Laanet (Reform) and his Latvian counterpart Artis Pabriks signed a letter of intent while in the Spanish capital, which would create a legal framework for the systems’ joint procurement. Laanet said: “The NATO…
The European Commission has waived customs duties and VAT on the import of life-saving goods from third countries for Ukrainians affected by the war. The relevant statement was released on the website of the European Commission. “The European Commission has adopted a Decision enabling Member States to temporarily waive customs duties and VAT on the…
Just three months after the visa-free energy regime was launched, Ukraine began to export electricity towards Europe, namely to Romania. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal on Telegram. “On June 30, from 01:00 a.m., such exports were launched to Romania. The initial volume is 100 megawatts. The visa-free energy regime…