The Standard & Poor’s (S&P) Global Ratings agency has lowered Poland’s GDP growth forecast in 2023 from the April figure of 3.1% to 2.1%, but raised its estimate for this year from 3.6% to 4.5%. The agency forecasts GDP growth in Poland in 2024 at 2.6% and at 2.4% in 2025. S&P forecasts the general…
The mixture of asphalt concrete with addition of recycled plastic materials MR8 has been use on two road segments from the central Straseni district. The mixture is made of an arrangement of recycled polymers and is conceived to extend the bituminous binder in a mixture of asphalt, thus reducing the volume of bitumen needed by…
In the current 2021-2022 financial year (September 1, 2021 – August 31, 2022), Ukraine produced 1,450,000 tons of sugar, or 130.5% of the production of the previous financial year. Sugar was produced by 33 factories. According to the sugar supply and demand balance calculated by the Ministry of Agrarian Policy and Food of Ukraine, the…
Since the beginning of 2022, Ukraine has paid off $1.5 billion in foreign debt, Oleh Ustenko, adviser to the President of Ukraine on economic issues, has said. “We had to repay $3 billion for this year. We have already repaid $1.5 billion this year and we have another $1.5 billion left to pay off until…
Commercial banks in Georgia loaned GEL 43.65 billion ($14.85 billion) and received deposits of GEL 38.27 billion ($13.02 billion) in June, the latest data from the National Bank of Georgia showed. The volume of loans increased by 1.24% in June compared to the previous month, while the number of deposits increased by 3%. Last month,…
The Customs Service (SV) collected over 623.4 million lei (about 31.1 million euros) to the state budget on July 18-24, up by 8.5%from the budgetary task set for this time interval. According to SV, private people brought goods, the value of which in customs exceeded the non-taxable limit, with over 17.2 million lei collected, which…
Lithuania would have no difficulty meeting the European Commission’s recommendation to reduce its natural gas consumption if there is a shortage of gas this coming winter, Energy Minister Dainius Kreivys has said. Kreivys said Lithuania could replace gas used for heating in Vilnius with fuel oil, noting that businesses were cutting their gas use as…