Poland’s Gross Domestic Product (GDP) increased by 8.5% YoY in the first quarter of 2022, the Central Statistical Office (GUS) said in a flash estimate on May 17. Economists polled by PAP expected GDP to rise by 8.1%. Quarter on quarter, Poland’s GDP grew by 2.4% in the first three months of this year, GUS…
The Lithuanian parliament on May 17 voted to raise the non-taxable income threshold by 80 euros to 540 euros as of July. This means an increase in income for the lowest earners whose annual income does not exceed the national average. The amendments to the Law on Personal Income Tax were passed with 93 votes…
Georgian wine-producing companies are participating in ProWein-2022, an annual international wine and alcoholic beverages exhibition in the German city of Dusseldorf, the National Wine Agency of Georgia reports. With the support of the Agency and the Georgian Wine Association, a total of 24 Georgian companies are featured in the exhibition where Georgia has been represented…
Construction work on the Moldovan-Slovak project “Improving the quality of life of the citizens of Rezina: ensuring access to the sewerage system” started on May 16 in Rezina. The implementation of the project is planned until March 2023. The project works include the construction of a part of the sewer system in Rezina, with a…
The production costs of domestic tomatoes and cucumbers have increased by several dozen percent. The sale price of cucumbers, however, has decreased, and initially high tomato prices have returned to last year’s level. Even if producers want to increase prices, they can’t, as consumers wouldn’t be able to afford them anymore. Parnu County’s Voiste Aiand…
President Volodymyr Zelensky of Ukraine says introducing an embargo on Russian oil is in the interests of both Ukraine and the whole of Europe. That’s according to the president’s latest video address, issued overnight on May 17. “We are also working to ensure that the European Union agrees on a sixth package of sanctions on…
The Ministry of Finance of Ukraine signed a Loan Agreement with Japan International Cooperation Agency for $100 million. “On May 16, Minister of Finance of Ukraine Sergii Marchenko and President of Japan International Cooperation Agency (JICA) Dr. Akihiko Tanaka signed a $100-million loan agreement for Ukraine,” the ministry press service said. “The concessional loan of…