A report by the Polish Economic Institute (PIE) reveals that the green transformation may accelerate economic growth by as much as 1.1% per year and does not have a negative impact on achieving sustainability targets. According to PIE analyses published in the report “Green economy – the impact of the green economy on the climate…
Lithuania is among the worst European Union member states in terms of opening up and using data crucial for public interest, according to a global data barometer. Lithuania scored 37 out of 100 points in the first-ever survey and was ranked the last in the region, alongside Greece and Malta, Transparency International Lithuanian Chapter said…
The market value of the volume of Estonia’s stabilization reserve shrank by EUR 3.6 million last year, to land on EUR 428 million in March, a Finance Ministry report suggested. The market value in volume of the stabilization reserve for use in crisis situations was EUR 427,686,221 in late March, down by EUR 3.58 million…
At a meeting on May 17, the Cabinet of Ministers has endorsed a resolution to attract a soft loan of up to EUR 150 million from the State Bank of Germany “Credit Institute for Reconstruction” (KfW). The loan is provided for a period of 15 years, taking into account the grace period for the first…
In March, Ukraine’s exports reduced by 57.9% compared to February and imports – by 75.8%. The relevant statement was made by the Ukrainian State Statistics Service. “In March, compared to February, the seasonally adjusted export volumes reduced by 57.9% and import volumes – by 75.8%. The seasonally adjusted foreign trade balance was positive in March,…
In a situation of growing global economic crisis and complications caused by the war, replacing a minister that is responsible for resolving very important economic issues is irresponsible, according to Latvian Chamber of Commerce and Industry (LTRK). Prime Minister Krisjanis Karins announced on May 16, that the Minister of Economics Janis Vitenbergs would have to…
Poland’s Gross Domestic Product (GDP) increased by 8.5% YoY in the first quarter of 2022, the Central Statistical Office (GUS) said in a flash estimate on May 17. Economists polled by PAP expected GDP to rise by 8.1%. Quarter on quarter, Poland’s GDP grew by 2.4% in the first three months of this year, GUS…