Ukraine: trade issues considered with Spain

On February 9, the Prime Minister of Ukraine Denys Shmyhal met with the Minister of Foreign Affairs, European Union and Cooperation of Spain Jose Manuel Albarez Bueno. Denys Shmyhal emphasized that Spain remained one of Ukraine’s major trading partners in the European Union. He noted that in the first 11 months of 2021, trade between…

Moldova: agreement on technical and financial assistance to be signed with Romania

The Cabinet of Ministers has signed the draft agreement between Moldova and Romania on the implementation of the program on technical and financial assistance, based on a non-refundable financial assistance worth 100 million euros, provided to Moldova by Romania, the government’s communication and protocol department has reported. The document’s goal is to consolidate the cooperation…

Estonia: trade up in 2021

In 2021, Estonia’s exports of goods increased by 28% and imports by 32% compared to 2020, data from Statistics Estonia showed. In December 2021, exports grew by 24% and imports by 27% YoY. In 2021, Estonia’s exports of goods amounted to EUR 18 billion and imports to nearly EUR 20 billion at current prices. The…

Lithuania: finance minister slams president’s proposal for dealing with inflation

Monetary payments to hard-pressed households, proposed by President Gitanas Nauseda in response to rising prices, may exacerbate inflation even further, according to Finance Minister Gintare Skaiste. “Such helicopter money could, in principle, make the inflationary mill spin even faster,” she said on February 8. “One should be very cautious about such measures, and I’d say…