russia’s illegal invasion of Ukraine is the main cause of the world crisis. This was emphasized by the Minister of Finance of Ukraine Sergii Marchenko during the discussion “War in Ukraine: Financing the victory”, organized by the Bruegel think tank. The event was attended by representatives of the European Commission, think tanks and economists. During…
On October 25, Minister of Finance of Ukraine Sergii Marchenko took part in the International Expert Conference on the Recovery, Reconstruction and Modernisation of Ukraine as part of the Ukrainian delegation headed by the Prime Minister of Ukraine Denys Shmyhal. The conference was hosted by the European Commission and the G7 presiding country, Germany, in…
The government will offer a total of PLN 800 million (EUR 168 million) to 92 Polish large energy-intensive companies, the development and technology minister has announced. Waldemar Buda said on October 26 that the PLN 800 million was the first tranche of a bigger support scheme for companies that were the most important for the…
Poland’s budget revenues have increased by more than 110% since 2015 when the Law and Justice (PiS) came to power, the government spokesperson has claimed. “When we started to rule, the budget revenues in 2015 reached PLN 289 billion (EUR 61 billion), whereas the budget revenues planned for 2023 amount to PLN 604.7 billion (EUR…
The Economy Ministry has plans to develop a green growth strategy for the country, deputy minister Romeo Mikautadze announced at a “high-level dialogue” on sustainable public procurement and eco-labelling in Georgia on October 25. The ministry cited Mikautadze as saying sustainable public procurement and eco-labelling were “essential components of a green economy”. “In sustainable public…
Poland’s unemployment rate went down to 5.1% in September from 5.2%, after correction, in August, the Central Statistical Office (GUS) reported. The number of registered unemployed measured 801,700 in September against 806,900 in August, GUS also said. Earlier, the Family and Social Policy Ministry estimated September’s unemployment at 4.8%. (The First News/Business World Magazine)
Supermarkets in Lithuania stopped stocking Russian and Belarusian goods after Ukraine’s invasion last February. Most products were not difficult to replace, with a few notable exceptions. If Russian or Belarusian goods can sometimes still be found in Lithuanian shops, retailers say it is because they are selling off their old stocks and not ordering any…