The estimated real Gross Domestic Product of Georgia grew by 9.7% YoY in July, while the average real GDP increased by 10.3% in January-July, the latest data from the National Statistics Office of Georgia showed. The GDP growth in July was observed in the following sectors: transportation and storage, construction, information and communication, mining and…Details
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The coming months should bring a slight inflation fall, with inflation expected at 14.5% at the close of Q4, an economic expert said commenting CPI results published by the Central Statistical Office (GUS) on August 31. GUS wrote that August inflation stood at 16.1% YoY and increased by 0.8% MoM. Jakub Rybacki from the Polish…Details
Turto Bankas (Property Bank), Lithuania’s centralised public property management company, was hit by a cyberattack on August 30, which briefly knocked out its external websites. The company believed it was a response to its “putinOut” campaign. The websites turtas.lt and valstybesturtas.lt were down between 12:30 and 13:00 as a result of a distributed denial of…Details
The international partners have provided Ukraine with $17.5 billion since the start of Russia’s full-scale invasion. “In total, our international partners have provided Ukraine with $17.5 billion since the beginning of Russia’s full-scale invasion. We are grateful to everyone for this assistance, which allows us to ensure the economic stability of our state. At the…Details
Deputy Prime Minister – Minister for Reintegration of the Temporarily Occupied Territories of Ukraine Iryna Vereshchuk, wound up her working trip to Odesa and Mykolaiv region and expressed her sincere thanks to international humanitarian organizations that had been constantly helping Ukrainians since the beginning of the full-scale invasion of the russian federation. “The state and…Details
Poland was one of the EU’s three biggest beer producers in 2021, Eurostat, the EU’s statistical office, reported on August 30. Last year, just as in 2020, Germany was the top producer with 7.5 billion litres. This represents 23% of the total EU production of 33.1 billion litres of beer containing alcohol. Germany was followed…Details
Work is getting underway to refit HMS Quorn, a former British Royal Navy mine-hunting vessel purchased by Lithuania. The ship is expected to be ready for service with the Lithuanian Navy in two years. The Lithuanian Defence Ministry, which acquired HMS Quorn from the UK Ministry of Defence under a contract signed in April 2020,…Details