Poles purchased a record amount of bonds worth PLN 14.72 billion (EUR 3.05 billion) in June, the Finance Ministry announced on July 13. The total surpassed the previous record of PLN 2.4 billion (EUR 497 million) set in May. “In June, the sales of treasury savings bonds reached a record high,” Deputy Finance Minister Sebastian…
Georgia exported $439 million worth of goods in June, up by 25% YoY, preliminary data from the National Statistics Office of Georgia showed. The update has not included detailed data on the types of goods exported or re-exported last month, with figures on external merchandise trade to be published on July 19. Imports grew by…
The negative influence of euro’s weakness exceeds positive aspects. Additionally, the low euro exchange rate could contribute to inflation even though it is not the biggest factor contributing to price growth, according to bank analysts. SEB Bank macroeconomic expert Dainis Gaspuitis said companies focused on export outside Eurozone were the ones to benefit the most…
Ukraine invites Lithuanian businesses to participate in measures to restore and rebuild the Ukrainian economy after the victory in the war. A total of 614 promising projects have been prepared for investment. “After the victory of Ukraine, economic relations with Lithuania should reach a new level. It is about close economic cooperation and the participation…
The United States has transferred another $1.7 billion in grant assistance to Ukraine, Ukrainian Prime Minister Denys Shmyhal has written on Twitter. “$1.7 billion of grant aid came to the Ukrainian budget from the Trust Fund of the World Bank and the U.S. Agency for International Development. This is the second US grant in the…
As many as 307,000 Ukrainians have found employment thanks to streamlined procedures introduced to help them find work, the Polish Family and Social Policy Ministry said on July 12. Under a law, Ukrainian citizens who arrived in Poland after February 24, the date on which Russia attacked their country, could take up employment without the…
Purchase of discounted products, search of cheaper goods and services and more frequent meals at home – these are the most common strategies Latvian residents use to save up money and reduce the impact from the rapid price climb, says Swedbank Institute of Private Finances expert Evija Kropa, commenting on data from the institute’s study.…