Poland: retail sales up in April 2022

Polish retail sales grew by 21.1% YoY in April after a 19.4% increase in March, Eurostat, the EU’s statistics agency, reported. Month on month, retail sales went down by 3.3%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data also include small…

Georgia: businesses turnover up in Q1 2022

The turnover received by the Georgian business sector increased by 33.2% YoY and amounted to GEL 38.6 billion (about $12.95 billion or EUR 12.05 billion) in the first quarter of 2022, the latest data published by the National Statistic Office of Georgia showed. The trade sector (including repair of motor vehicles and motorcycles) had the…

Poland: most Poles cannot afford a holiday

As many as 59% of the Polish public cannot afford to go on holiday this year, a new survey has shown. The June 3 edition of the Super Express daily, which commissioned the research, highlighted the effects of inflation on Poles’ vacation plans. “Inflation stood at almost 14% in May and according to economists, the…

Ukraine: EUR 330 million in EU assistance to be received to support population and economy

Ukraine will receive 330 million euros from the European Union under the emergency assistance program. These funds are intended to support the population affected by Russia’s war against Ukraine and will facilitate strengthening the country’s resilience. The agreement was signed by Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna and Deputy…