Prices of consumer goods and services (Consumer Price Index, CPI) increased by 17.2% YoY and by 1.6% MoM in September, the Central Statistical Office (GUS) reported. The figures are in line with the flash estimate published by GUS on September 30. In August, the prices of consumer goods and services increased by 16.1% YoY and…
The Republic of Moldova will receive about 25.5 million euros from Romania to start the implementation of projects in strategic areas, such as education and the improvement of public utility services. The decision was taken based on the requests of the authorities in Chisinau and the proposals set by the ministries at the meeting of…
The Ukrainian Finance Ministry and the International Monetary Fund (IMF) have discussed the possibility of launching a new loan program to ensure the priority expenditures of Ukraine’s state budget for 2023. The relevant statement was made by the Ukrainian Finance Ministry, following a meeting between the Finance Minister Sergii Marchenko and the IMF’s representatives. “In…
Lithuania’s budget for 2023 was planned with 3% of GDP allocated to defence spending. However, the plans had to be adjusted due to the energy crisis, Defence Minister Arvydas Anusauskas said on October 13. “We had plans for 3%. That plan has not disappeared anywhere, but after that plan was drawn up, the energy crisis…
Poland’s special-purpose development bank BGK has been actively trading on the FX market, increasing its activity in recent days to limit the weakening of the Polish currency, financial market insiders have said. “BGK has certainly been present regularly since the onset of the war,” one insider said, referring to Russia’s war on Ukraine. At first,…
Poland is mulling a windfall tax and if a decision is made to implement it, the resolution will target particular sectors and not all companies, government spokesperson Piotr Mueller has said. “It does happen that some companies, given the international situation, generate higher profits than they would from natural economic activity, and we have not…
Lithuania is providing 5 million euros through the World Bank for urgent reconstruction work in Ukraine, the Finance Ministry has said. The Ukraine Relief, Recovery and Reconstruction Trust Fund (URTF) was set up by the World Bank to help finance immediate recovery efforts in the country. “To ensure that financial assistance reaches Ukraine as quickly…