Global ratings agency Moody’s has affirmed Poland’s long-term credit rating at the A2 level, an upper-medium grade, with stable outlook. Moody’s acknowledged Poland’s efforts to increase its energy security and bolster NATO guarantees, the resilience of the country’s economy and its strong institutional framework as well as a beneficial structure of debt and its relatively…
The Verkhovna Rada Committee on Agricultural and Land Policy has recommended that Parliament approve a draft bill on uninterrupted production and supply of agricultural products during the martial law. The relevant statement was made by the Holos Ukrainy. “On April 30, a meeting of the Committee on Agricultural and Land Policy was held in the…
President Volodymyr Zelensky has stated that Ukraine is ready to supply electricity to Bulgaria. He said this at a press briefing following his meeting with Prime Minister of Bulgaria Kiril Petkov. “We have discussed cooperation in the energy sector. Ukraine is ready to supply electricity to Bulgaria. We are also interested in diversifying gas supplies…
Lithuania’s economy grew by slightly more than 4% in the first quarter of this year, compared to the same period last year, most economists estimated. Four out of the six experts surveyed believe that the country’s GDP growth ranged from 4% to 4.4%, while one analyst said it grew by 3.2% and another analyst said…
Poland is facing double-digit inflation, the president of the Polish Development Fund has said. The warning comes, as prices of consumer goods and services (Consumer Price Index, CPI) increased by 12.3% YoY and by 2% MoM in April, the Central Statistical Office (GUS) reported in a flash estimate. Economists polled by PAP Business estimated that…
The estimated real Gross Domestic Product of Georgia increased by 10.6% YoY in March, while the average GDP grew by 14.4% in the first quarter, the latest data from the National Statistics Office of Georgia showed. The largest share of GDP growth was posted in the following sectors: manufacturing, transportation and storage, electricity, gas, steam…
From June 1 onward the general water supply and sewer tariff in Riga will increase by 22.4%, reaching 2.35 EUR/cubic meter instead of the current 1.92 EUR/cubic meter, according to the decision made by the Public Utilities Commission. The water supply tariff will be 1.02 EUR/cubic meter, which is EUR 0.17 more than it is…