Lithuania: third of income spent on food

People in Lithuania are spending 63.9% of their income on essentials, like food and housing, according to the latest Eurostat data. The expenditures have increased by 50% compared to 2016. “The year 2021 was an unusual year in terms of consumption, as Covid-19 led to a reduction in tourist trips and fewer events,” said Inga…

Georgia: economy up in H1 2022

The Georgian economy grew by 7.2% in June and by 10.5% in the first six months of 2022, the latest data from the National Statistics Office of Georgia showed. Last month the estimated real growth was observed in the following activities: transportation and storage; electricity, gas, steam and air conditioning supply; information and communication; hotels…

Ukraine: inflation to reach 31% in 2022

In 2022, inflation will reach 31%, and GDP will decrease by a third. In the coming year, the economy is expected to return to growth, while inflationary dynamics will decline, the press service of the National Bank reports. “Until the end of 2022, inflation will accelerate and reach 31% given the persistence of the impact…

Moldova: price of hen’s eggs to increase

The price of hen’s eggs has increased in the shops of Moldova. Their cost will reach up to 40 lei, depending on the commercial network. The head of the information and media communication service at the Agriculture and Food Industry Ministry Daniela Turculet said that the increase in prices had been triggered by the increase…

Poland: budget revenue up in H1 2022

Poland recorded a PLN 27.7-billion (EUR 5.78-billion) state budget surplus after the first six months of 2022, the Ministry of Finance said. Poland’s budget revenue reached PLN 263.6 billion (EUR 54.92) in January-June 2022 and was PLN 29.7 billion (EUR 6.19 billion) or 12.7% higher compared to the same period of 2021, the ministry said.…

Moldova: over 670 Ukrainian citizens employed

Over 670 citizens of Ukraine have been employed in Moldova. According to the National Employment Agency (ANOFM), most Ukrainian citizens are employed in Chisinau – 499. As many as 518 out of all employees are women and 152 are men. Thus, the citizens of Ukraine were employed in the following professions: programmer, engineer, tailor, seller,…