As many as 30% of Poles are planning to ask for a pay rise within the next six months, according to a new poll. Of the 30%, UCE Research and SYNO Poland pollsters found that 31.9% said they wanted to ask for a rise equaling 10-15% of their current wage while 24% said they would…Details
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Georgian external trade turnover amounted to $15.22 billion in January-October, up by 33.5% YoY, the national statistics office revealed on November 14. The value of exports rose by 34% and equaled $4.54 billion in the reported period, while imports also grew by 33.2%, amounting to $10.68 billion. Trade deficit, a measure of the negative balance…Details
Core inflation in annual terms is expected to accelerate to 21.5% in October, while remaining under the regulator’s control as its current dynamics corresponds to the trajectory laid down by the National Bank in its outlook. That’s according to an NBU report commenting on the State Statistics data on inflation. “The actual rates of price…Details
Members of the European Parliament have voted to ratify the Agreement between the European Union and Ukraine on the carriage of freight by road. After the approval of the document by the European Parliament, it will have to be ratified by the European Council. The Agreement entered into force even before the completion of ratification…Details
Singaporean group Esco Lifesciences announced it was starting the construction of a medical equipment factory worth 15 million euros in Lithuania’s central district of Kaunas. Situated in the Kaunas Free Economic Zone (FEZ), the new production facility will produce laminars and incubators to ensure optimal microclimate for cells. Elijas Civilis, CEO of Investuok Lietuvoje (Invest…Details
Moldova will receive a loan worth 100 million euros on behalf of the European Bank for Reconstruction and Development (EBRD) for the implementation of the Moldova Roads IV Project. The money will be allocated based on an amendment to the Agreement on Loan between Moldova and EBRD on carrying out of works of construction and…Details
The European Commission (EC), the EU’s executive arm, has lowered its 2022 GDP growth estimate for Poland to 4.0% from the 5.2% forecast in July. In a report published on November 11 the EC also lowered its 2023 GDP growth forecast for Poland to 0.7% from the 1.5% expected earlier. According to the European Commission,…Details