Over 50% Poles are worried that there will be shortages in shops, a new survey shows. According to the consumer sentiment poll conducted by UCE Research and the Blix Group, over half of Poles fear that rampant inflation and the war in Ukraine could lead to shortages. In contrast one-third of those surveyed were not…
A poll of economy experts and public figures has ranked Nerijus Maciulis, a chief economist at Swedbank, as the most influential person in Lithuania’s business. The ranking was published by Delfi.lt on August 24. Vidmantas Janulevicius, president of the Lithuanian Confederation of Industrialists, comes in second in the poll, followed by Arvydas Avulis, a businessman…
The joint efforts of state authorities led by President Volodymyr Zelenskyy have made it possible to attract more than $14 billion in external financing from Ukraine’s allies. Ukraine plans to receive another sum worth $12 to $16 billion until the end of the year, Prime Minister Denys Shmyhal has announced during a session of the…
Branded filling stations as well as small- and middle-sized petrol stations across Georgia have decreased fuel prices by 30-40 tetri following the recent strengthening of the national currency and the reduction of international oil prices, with the trend expected to continue in September, the Head of the Union of Oil Products Importers, Vano Mtvralashvili, said…
The direct losses to the Ukrainian economy caused by the Russian invasion of Ukraine have already reached about $113.5 billion, according to the KSE Institute at the Kyiv School of Economics (KSE). Maksym Nefyodov, head of reform support projects at the KSE Institute, said this during a nationwide television marathon. “The latest figure for direct…
Poland’s retail sales increased in real terms by 2% YoY and by 1.2% MoM in July, the Central Statistical Office said on August 22. Economists polled by PAP expected July’s retail sales to grow in real terms by 2.7% and by 1.5% respectively. In current prices, retail sales increased by 18.4% YoY in July against…
Viada LT, a Lithuanian petrol station chain operator, has said it will terminate its station management contract with Amic Lietuva (formerly known as Lukoil Baltija), if reports about the group’s links with Russia are confirmed. Ukraine’s Economic Security Bureau has recently opened an investigation into Amic Energy amid allegations of possible tax evasion, alleging that…