Poland’s industrial output rose by 10.4% YoY in June, the Central Statistical Office (GUS) reported on July 20. Month on month, industrial output decreased by 0.3%. Economists polled by PAP expected June’s manufacturing to grow by 11.2% YoY and by 0.9% MoM. Seasonally adjusted industrial production went up by 10.5% YoY, but declined by 0.9%…Details
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German budget airline Eurowings has expanded its Georgian operation by launching new Stuttgart-Tbilisi flights to Tbilisi International Airport, the United Airports of Georgia reports. A subsidiary of the Lufthansa Group, the airline made the first connecting flight on July 20, transporting 155 passengers from the German city to the Georgian capital. Its flights will be…Details
Last month, the producer price index rose by 33.3% YoY, data from Statistics Estonia showed. The increase was driven by energy, manufacturing and food prices. While the index, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 33.3% YoY, it increased by…Details
European Commission Vice President Valdis Dombrovskis has signed a memorandum of understanding on the allocation of EUR 1 billion in macro-financial assistance to Ukraine. “Signing Memorandum of Understanding with Ukraine on behalf of the EU to provide EUR 1 billion macro-financial assistance as emergency funding. This will be paid out end-July to support Ukraine’s government…Details
In 2022, Ukraine expects to harvest about 52 million tons of grain crops and 13-15 million tons of oilseed crops. The relevant statement was made by Ukrainian Agrarian Policy and Food First Deputy Minister Taras Vysotskyi at a press conference. “Currently, we expect this year’s yield of grain crops to reach 52 million tons and…Details
June’s inflation in Latvia was higher than the average in the European Union and Eurozone, according to the latest data published by Eurostat. Compared to June 2021, inflation was registered in all EU member states in June 2022. In June, average inflation was 9.6% in the European Union and 8.6% in Eurozone. Compared to May,…Details
The Seimas Committee on National Security and Defence (NSGK) will consider an initiative to ban business relations with Russia, the committee chairman Laurynas Kasciunas has said. “We will soon have an NSGK meeting not only on this issue but also on the analysis of Russia’s participation in the market and Russia’s impact on our economy…Details