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Author Archives: admin

Georgia: budget of Adjara region triples over 10 years

GeorgiaBy admin2022-11-30Leave a comment

The budget of Georgia’s Black Sea region of Adjara has tripled over the past 10 years and crossed the GEL 50-billion ($18.08 billion) threshold, Tornike Rizhvadze, the head of the regional government, revealed on November 29. A number of “important projects and programmes” will be planned for the residents of the region with the use…

Lithuania: inflation to remain high next year

LithuaniaBy admin2022-11-30Leave a comment

Even as annual inflation continues to run excess of 20%, it edged down in the past two months and is expected to drop significantly next year, according to Lithuania’s central bank and finance minister. “Inflation is easing. It has already peaked and various institutions are forecasting an average annual inflation rate of less than 10%…

Poland: inflation to start going down in Q2 2023

PolandBy admin2022-11-30Leave a comment

Poland’s record-high inflation may start to drop in the second quarter of 2023, according to Mateusz Morawiecki, the prime minister. Poland saw the prices of consumer goods and services (Consumer Price Index, CPI) soar to 17.9% YoY, and by 1.8% MoM in October, the Central Statistical Office reported. The CPI is now at its highest…

Lithuania: Vilnius public transport authority suggests dividing city into zones

LithuaniaBy admin2022-11-30Leave a comment

Vilnius transport administrator JUDU has presented a plan for 2023-2024. The proposal includes dividing Vilnius into zones to differentiate public transport fares. JUDU has proposed dividing Vilnius into three zones: C (Centre), P (Outer City) and U (Suburbs). The Vilnius District will be included in the Suburbs zone, while most residential areas will be part…

Poland: zero VAT on food to remain in H1 2023

PolandBy admin2022-11-30Leave a comment

Mateusz Morawiecki, the prime minister, has said that Poland will keep a zero VAT rate on food in the first half of 2023. The Polish government introduced a shield, which brought in a number of VAT cuts on food and fuel, at the end of 2021 to combat rising inflation but in its present form…

Lithuania: budget vote raises tensions within ruling coalition

LithuaniaBy admin2022-11-30Leave a comment

Amid intimations of a possible split between the liberals and the conservatives in the ruling coalition, party representatives held a meeting on November 28 to discuss disagreements during a recent budget vote. “We meet all the time, today is a regular Monday meeting, we are going to continue to meet, everything is fine,” Viktorij Cmilyte-Nielsen,…

Moldova: power outages possible due to Russia’s attacks on Ukraine

MoldovaBy admin2022-11-30Leave a comment

The Ministry of Infrastructure and Regional Development (MIDR) announced that on November 29-30, due to possible massive Russian missile attacks on Ukraine, there was a risk of blackout in the country. In case of such a situation, all state services are ready to intervene and restore electricity supply in limited terms. “Let’s be cautious and…

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