60% of Poles have reduced their shopping budgets, up by 20% YoY, a survey by the UCE research pollster and Grupa Blix revealed. Over 27% of this group declared budget cuts of up to 10-15%. Most frequently they save on clothing (46.9%), condiments and snacks (44.5%) and alcohol (40%). Over 26% said they had not…
The Georgian Agriculture Ministry said it was expecting an “abundant” apple harvest of between 130-135 thousand tons in the country this year. The forecast has been made by the ministry, while it also points out effects of bad weather and frequent rains, noting the latter has a “significant impact” on the quality of apples. The…
Inflation will continue on a two-digit level until the end of the year, with a slight rise in August and a fall in Q4, the Polish Economic Institute (PIE), a state-owned think-tank, has said citing the latest figures from the Central Statistical Office (GUS). GUS reported that commodity and service prices in July were up…
Lithuania is looking at options to backfill weapons it plans to send to Ukraine, the country’s Defence Ministry says. Speaking during a donor conference for Ukraine held in Denmark, Lithuania’s Deputy Defence Minister Margiris Abukevicius said the country could send more weapons to Kyiv if NATO agreed to backfill the depleted stocks. Lithuania has already…
Turkey’s Baykar is planning to build a factory in Ukraine to produce not only Bayraktar TB2 unmanned combat aerial vehicles but also new models, such as Bayraktar Akinci and Bayraktar Kizilelma. The relevant statement was made by Baykar CEO Haluk Bayraktar in an interview with the “Come Back Alive” Foundation. According to Bayraktar, his company…
Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna has signed an additional agreement with the European Union on financing the EU Energy Efficiency Support Program for Ukraine – EE4U, aimed at increasing funding for the Energy Efficiency Fund. “This involves a three-year extension of the program until 2028 and an increase…
Growing exports to the Indo-Pacific countries are offsetting a decline in exports to China, the Foreign Ministry has said citing statistics. “Proactive economic diplomacy and the development of a network of diplomatic missions and representatives contribute to the overall goal of diversifying trade and increasing economic resilience. The total volume of Lithuanian exports to the…