Poland’s current account deficit rose to EUR 5.78 billion at the end of Q3, against a revised deficit of EUR 4.42 billion recorded at the end of Q2, according to central bank figures released on December 29. Exports of goods in the third quarter grew by 24.8% YoY and imports by 27.1%. The country recorded…Details
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According to preliminary estimates by Statistics Lithuania, prices in December grew by 20% YoY. Annual inflation was mainly driven by increases in the prices of food and non-alcoholic beverages, housing, water, electricity, gas and other fuel goods and services, and transportation, the statistics service said in a press release on December 29. Meanwhile, monthly inflation…Details
The number of Polish firms planning to lay people off has increased sharply, despite employment standing at a record level, a new study has revealed. Grant Thornton’s report, published on December 29, found that in the coming 12 months, employers planned to decrease the number of jobs rather than create new ones. “The CEOs of…Details
Lithuania mulls forming an army division, Defense Minister Arvydas Anusauskas has said. “We have the ambition to form a Lithuanian division in the future while receiving division-level capabilities, such as HIMARS,” he said. An army division is usually made up of several brigades and includes 10,000 to 15,000 soldiers. Some 11,500 professional soldiers, almost 3,500…Details
Ukraine is and will continue to be a leader in global efforts for food security. President of Ukraine Volodymyr Zelensky said this in his annual address to the Verkhovna Rada on December 28. “We are already becoming – and we will become! – leaders in global efforts for food security. This year has shown that…Details
As a result of cooperation between the Ministry of Foreign Affairs, the State Service of Ukraine on Food Safety and Consumer Protection, the Embassy of Ukraine in Canada and the Embassy of Canada in Ukraine, the Canadian market was opened for Ukrainian producers of poultry meat and poultry products in December. The relevant work began…Details
Some 77.88 million euros and $9.46 million (8.9 million euros) in Russian and Belarusian companies’ funds have been frozen in Lithuania so far, the Interior Ministry said on December 28, citing data from the Financial Crime Investigation Service (FNTT). FNTT imposed sanctions on 16 legal and natural persons on December 20, freezing the funds of…Details