Poland’s GDP is expected to rise to 4.6% in 2022, according to projections from Poland’s central bank released on November 14. The bank also put GDP at 0.7% in 2023 before rising to 2% in 2024 and 3.1% in 2025. The central bank also predicts that Consumer Price Index inflation will run at 14.5% in…
The number of refugees arriving in Lithuania from Ukraine is going down, Evelina Gudzinskaite, the head of Lithuania’s Migration Department, says, adding that the drop has been recorded in recent weeks. “At the moment, the inflow has gone down. Last month, we had over a hundred incoming war refugees from Ukraine every day. And now,…
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…
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…
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…
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…
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…