The Economics Ministry encourages perspectives of enhancing the competitiveness in the field of electronic industry from Moldova, according to Economics Minister Sergiu Gaibu. On July 19, the minister visited ADD Grup, a company producing smart electricity meters and smart water meters. The goal of the visit was to discuss perspectives of development and growth of…
Poland’s industrial output rose by 10.4% YoY in June, the Central Statistical Office (GUS) reported on July 20. Month on month, industrial output decreased by 0.3%. Economists polled by PAP expected June’s manufacturing to grow by 11.2% YoY and by 0.9% MoM. Seasonally adjusted industrial production went up by 10.5% YoY, but declined by 0.9%…
Last month, the producer price index rose by 33.3% YoY, data from Statistics Estonia showed. The increase was driven by energy, manufacturing and food prices. While the index, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 33.3% YoY, it increased by…
European Commission Vice President Valdis Dombrovskis has signed a memorandum of understanding on the allocation of EUR 1 billion in macro-financial assistance to Ukraine. “Signing Memorandum of Understanding with Ukraine on behalf of the EU to provide EUR 1 billion macro-financial assistance as emergency funding. This will be paid out end-July to support Ukraine’s government…
June’s inflation in Latvia was higher than the average in the European Union and Eurozone, according to the latest data published by Eurostat. Compared to June 2021, inflation was registered in all EU member states in June 2022. In June, average inflation was 9.6% in the European Union and 8.6% in Eurozone. Compared to May,…
The Seimas Committee on National Security and Defence (NSGK) will consider an initiative to ban business relations with Russia, the committee chairman Laurynas Kasciunas has said. “We will soon have an NSGK meeting not only on this issue but also on the analysis of Russia’s participation in the market and Russia’s impact on our economy…
Georgia exported locally produced goods worth $2.55 billion in January-June, up by 35.6% YoY, preliminary data from the National Statistics Office of Georgia showed. Geostat said local exports in the country accounted for 73.5% of total exports in the reporting period, amounting to $1.88 billion, up by 36.3%. Georgia’s top trading partners were China –…