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Tag Archives: economy

Poland: growing number of companies plan lay-offs

PolandBy admin2022-12-30Leave a comment

The number of Polish firms planning to lay people off has increased sharply, despite employment standing at a record level, a new study has revealed. Grant Thornton’s report, published on December 29, found that in the coming 12 months, employers planned to decrease the number of jobs rather than create new ones. “The CEOs of…

Ukraine: new export markets open in December 2022

UkraineBy admin2022-12-29Leave a comment

As a result of cooperation between the Ministry of Foreign Affairs, the State Service of Ukraine on Food Safety and Consumer Protection, the Embassy of Ukraine in Canada and the Embassy of Canada in Ukraine, the Canadian market was opened for Ukrainian producers of poultry meat and poultry products in December. The relevant work began…

Lithuania: EUR 87 million of Russian and Belarusian companies’ funds frozen

LithuaniaBy admin2022-12-29Leave a comment

Some 77.88 million euros and $9.46 million (8.9 million euros) in Russian and Belarusian companies’ funds have been frozen in Lithuania so far, the Interior Ministry said on December 28, citing data from the Financial Crime Investigation Service (FNTT). FNTT imposed sanctions on 16 legal and natural persons on December 20, freezing the funds of…

Moldova: law on state budget for 2023 published in Official Journal

MoldovaBy admin2022-12-29Leave a comment

The law on the state budget for 2023 was published in the Official Journal (Monitorul Oficial) of Moldova on December 28. The draft state budget law for the next year is based on an economic growth of 2%. Thus, next year, the state budget revenues will amount to 64.9 billion lei, up by 9.3% YoY,…

Poland: Ukrainian women doing well on job market

PolandBy admin2022-12-29Leave a comment

Most Ukrainian women who fled the war in their country have found jobs in Poland, a deputy president of the Polish Development Fund (PFR) has said. Bartosz Marczuk said on December 28 that the Polish central government, local governments and society had managed to accommodate the huge influx of refugees from Ukraine, mostly women and…

Lithuania: 9 out of 10 believe things getting worse

LithuaniaBy admin2022-12-29Leave a comment

Almost nine out of ten people in Lithuania believe that things are getting worse in the country, according to a survey commissioned by LRT. The poll also shows the military to be the most trusted institution, while the parliament and the government enjoy the least trust. The poll, conducted by Baltijos Tyrimai, shows that slightly…

Poland: WSE acquires majority stake in Armenian peer

PolandBy admin2022-12-29Leave a comment

The Warsaw Stock Exchange (WSE) has closed the purchase of a 65.03% stake in the Armenia Securities Exchange (AMX). On December 27, WSE paid PLN 5.5 million (EUR 1.17 million) in the first tranche of the total purchase valued at PLN 9.6 million (EUR 2.05 million). The second tranche of PLN 4.1 million (EUR 0.87…

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