Prices on food, alcoholic beverages, housing, water, electricity, gas and other types of fuel increased in Georgia in December 2022, while prices for transportation decreased, the latest inflation data from the National Statistics Office of Georgia showed. Prices for food and non-alcoholic beverages marked a 0.4% MoM increase, including: vegetables (+3%), fish (+2.1%) and milk,…
There are currently no discussions in Lithuania on extending the retirement age, a representative of the Ministry of Social Security and Labour has said. “At the moment, there are neither discussions nor decisions taken to extend it (retirement age) more than it is being extended now,” Inga Buskute, head of the ministry’s Pension Group, said…
The State Regulatory Service has drafted a bill proposing to increase at least 100 times fines for officials guilty of excessive administrative pressure on businesses. This was announced by the head of the SRS, Oleksiy Kucher. “We have an imbalance between responsibility for violations in state-business relations. If entrepreneurs disregard law, they face a fine…
Poland’s Purchasing Managers’ Index (PMI) rose to 45.6 points in December 2022 from 43.4 points in November 2022, economic researcher S&P Global reported on January 2. Despite the rise, the PMI was below the neutral 50-point mark for the eighth month in a row. Both manufacturing and new orders declined in December 2022 while employment…
Over 100 Maxima stores in Lithuania were closed on January 2 morning due to technical issues. The stores were closed due to configuration changes in the cash register system, according to Julija Vasiljeviene, head of the Process and Quality Management Department at the supermarket chain. “Some stores are currently closed due to technical difficulties related…
Ukraine’s economy has adapted to war-time conditions and is ready for new challenges. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal on Facebook. “Ukraine has entered 2023 determined, invincible, united in its desire to defeat the enemy and liberate its land. And we will definitely do so,” Shmyhal wrote. Shmyhal expressed gratitude…
The average Pole planned to spend PLN 195 (EUR 41.50) on this New Year’s Eve, up by 5% YoY. In a Quality Watch survey for debt registry BIG InfoMonitor, 24% said they would not spend any additional money on New Year’s Eve and the figure was 7% higher than last year. 5% of Poles said…