Global ratings agency Moody’s has affirmed Poland’s long-term credit rating at the A2 level, an upper-medium grade, with stable outlook. Moody’s acknowledged Poland’s efforts to increase its energy security and bolster NATO guarantees, the resilience of the country’s economy and its strong institutional framework as well as a beneficial structure of debt and its relatively…
Lithuania’s economy grew by slightly more than 4% in the first quarter of this year, compared to the same period last year, most economists estimated. Four out of the six experts surveyed believe that the country’s GDP growth ranged from 4% to 4.4%, while one analyst said it grew by 3.2% and another analyst said…
Poland is facing double-digit inflation, the president of the Polish Development Fund has said. The warning comes, as prices of consumer goods and services (Consumer Price Index, CPI) increased by 12.3% YoY and by 2% MoM in April, the Central Statistical Office (GUS) reported in a flash estimate. Economists polled by PAP Business estimated that…
The estimated real Gross Domestic Product of Georgia increased by 10.6% YoY in March, while the average GDP grew by 14.4% in the first quarter, the latest data from the National Statistics Office of Georgia showed. The largest share of GDP growth was posted in the following sectors: manufacturing, transportation and storage, electricity, gas, steam…
From June 1 onward the general water supply and sewer tariff in Riga will increase by 22.4%, reaching 2.35 EUR/cubic meter instead of the current 1.92 EUR/cubic meter, according to the decision made by the Public Utilities Commission. The water supply tariff will be 1.02 EUR/cubic meter, which is EUR 0.17 more than it is…
The turnover of retail trade enterprises in Estonia in March totaled EUR 891 million. Compared with March 2021, turnover increased by 18% at constant prices, Statistics Estonia said. The increase in retail trade turnover in March was influenced primarily by stores selling manufactured goods, where turnover increased by 33% YoY, according to Statistics Estonia analyst…
In two villages of the Melitopol district in Zaporizhia region, Russian troops are demanding that shop owners stop selling Ukrainian goods and switch to the Russian ruble. This was reported on Telegram by the press service of the Zaporizhia Regional Military Administration. In the villages of Botieve and Strohanivka, Melitopol district, the Russian occupiers’ Commandant…