Poland’s current account surplus rose to EUR 2.59 billion at the end of February, against a surplus of EUR 2.13 billion recorded at the end of January, according to central bank figures released on April 13. Market analysts surveyed by PAP offered median forecast for a EUR 553-million surplus. Poland recorded a EUR 2.24-billion surplus…
Economic questions and cooperation between Georgia and the International Monetary Fund were discussed on Thursday between Lasha Khutsishvili, the Georgian Finance Minister, and Vitor Gaspar, the Director of the Fiscal Affairs Department of the IMF. The meeting also covered the country’s macroeconomic situation and actions made to improve fiscal discipline, the Finance Ministry said. Steps…
The Verkhovna Rada of Ukraine has adopted a bill that amends the Budget Code of Ukraine regarding the use of funds from accounts to support Ukraine. This was reported by the press service of the Ministry of Finance. The document provides for monthly reporting on the receipt and use of funds for each of the…
By saving up a portion of their monthly income, 31% of Baltic residents have managed to accumulate up to EUR 5,000 in savings. Savings of 21% of Baltic residents are higher than that. Estonian residents generally have the biggest savings. Latvia, on the other hand, has many more residents who don’t have any savings at…
Georgian Deputy Finance Minister Mikheil Dundua on April 12 said the country had shown “best results” among 193 countries in four “important indicators” in the updated 2022-2028 assessment and long-term forecast of the International Monetary Fund. Dundua said Georgia ranked second in the world in the study, while also placing first in Eurasia, Africa, Australia…
The State Fiscal Service (SFS) in 2022 recovered from taxpayers with debts payments non-paid in time to the budget amounting to 2.6 billion lei (130 million euros). Most money – 1.7 billion lei – was recovered through foreclosure measures. Over 900 million lei was recovered through preliminary compliance actions. About 596 million lei out of…
Polish retail sales went down by 0.7% YoY in February after a 2.5% increase in January, Eurostat, the EU’s statistics agency, reported on April 11. Month on month, retail sales went down by 2%, the agency also said. Retail sales in the eurozone fell by 3% YoY in February after a 1.8% decrease a month…