Lithuania, Latvia, Estonia and Poland are pushing other EU countries and the European Commission to agree on the Russian oil price cap and the EU’s ninth sanctions package against Moscow at the same time. The four countries have been arguing for tougher EU sanctions against Russian since the start of its war in Ukraine. According…
Poland’s national statistics office, GUS, wrote on November 22 that Poland’s industrial output rose by 6.8% YoY in October against an 8% annual growth expected in a PAP consensus survey. Compared to the previous month, it shows a decrease by 0.7%. Analysts surveyed by PAP expected a 0.2% monthly increase. Seasonally adjusted industrial output rose…
Georgian economy minister Levan Davitashvili on November 21 said the forecast of the International Monetary Fund projected the Georgian economy’s 2022 growth to be 10.5%, and highlighted the country exhibited “one of the highest” growth rates in the region. The ministry quoted Davitashvili as saying the domestic economy “continues to grow this year despite the…
Thirteen education institutions from Moldova will receive about 14.3 million euros for the implementation of 20 projects in the following sectors: Sciences of education, Engineering and engineering activities, Information and communication technologies and Health. Following their implementation, about 52 laboratories and research centres, 67 classrooms, poly-functional halls and other training areas will be endowed. More…
The number of reports on suspicious transactions jumped 2.5-fold in Lithuania in the first nine months of this year compared to the same period last year, the country’s Financial Crime Investigation Service (FNTT) said on November 21. Most of these reports – almost 94% – were received from financial institutions, electronic financial institutions, as well…
Georgian economy minister Levan Davitashvili on November 21 said there was a “definite progress” in the country’s implementation of conditions for receiving the European Union membership candidate status, and stressed the priorities would be fulfilled at a “high level”. In his remarks over the matter, Davitashvili noted both parliamentary committees and the “entire political spectrum”…
At least 5,000,000 people in Ukraine have lost jobs due to the war unleashed by Russia. The relevant statement was made by Ukrainian Economy Deputy Minister Tetyana Berezhna during the Polish-Ukrainian Economic Forum. “The war is destroying Ukraine’s labor market. Hostilities continue, where 10 million workers used to be employed. At least 5 million people…