A study conducted by the Financial Intelligence Units (FIU) of Estonia, Latvia and Lithuania has found that travel restrictions associated with both the Covid pandemic and the start of the full-scale invasion by Russia of Ukraine have significantly reduced the inflow of cash, including of the ill-gotten variety, from Russia and into all three Baltic…
The State Fiscal Service (SFS) collected 41.1 billion lei to the national public budget in January-August, up by 16.4% YoY. Thus, about 17.6 billion lei was collected in the state budget, up by 14.5%. Collections worth 4.6 billion lei were registered in local budgets, up by 19.4%. Also, 14.2 billion lei was collected in the…
Anti-inflation shields, introduced to help the Polish people cope with high inflation, will remain in place if necessary, the Polish government spokesman has said. “Our government always takes action during crises. Financial, anti-crisis and anti-inflation shields were launched when the need arose,” Piotr Mueller wrote on X. “The situation will look the same in the…
On August 31, a meeting of the Interagency Coordination Council for countering violations affecting the financial interests of Ukraine and the EU was held, chaired by Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna. The participants focused on Ukraine’s fulfilment of its obligations under the Association Agreement in terms of financial…
Poland’s economy will expand by 2-2.5% in the fourth quarter of the year, while inflation will fall to 6.5-7%, the president of the Polish Development Fund (PFR) has said. “Real incomes are likely to grow by 2-3%,” Pawel Borys wrote on X on August 31, adding that this should increase consumption. “But investments and exports…
Parliament Speaker Igor Grosu on August 30 had a meeting with the new head of the Mission of the Unites States Agency for International Development (USAID) in Moldova, Jeff Bryan, the parliament’s communication and public relations department reported. The speaker wished the head of the USAID Mission success in his office and thanked for the…
The development of an advanced public procurements system is the basic principle promoted through the national programme on the development of public procurements system for 2023-2026, approved by the Cabinet on August 30 at an initiative of the Finance Ministry. The main goals provided for in this programme refer to: approximation of the national legislation…