Latvia’s Ministry of Economics predicts the national economy will increase by an average of 4.2% a year between 2022 and 2030. Between 2031 and 2040 the average growth of the national economy is expected to reach 3% annually, according to the ministry’s report on the labour market’s medium and long-term outlooks. The report explains that…
According to data provided by Statistics Estonia, the consumer price index (CPI) increased by 2.7% between May and June and by 21.9% compared with June 2021. Both goods and services were more expensive this June than during the same month last year, with a rise of 17.9% and 29.7% respectively. Viktoria Trasanov, leading analyst at…
Ireland can become one of the leaders in the future process of restoration of Ukraine. This was emphasized by the Prime Minister of Ukraine Denys Shmyhal during his meeting in Kyiv with the Prime Minister of Ireland Micheal Martin. The Head of the Ukrainian Government thanked the Irish partners for joining the joint declaration, which…
Poland’s estimated unemployment rate in June stood at 4.9% against 5.1% in May, a deputy family and social policy minister said on July 6. “We have one of the lowest unemployment rates in Europe, at 4.9%,” Stanislaw Szwed said. Economists polled by PAP expected the unemployment rate to drop to 5%. Close to 819,700 unemployed…
Georgia’s Economy Minister Levan Davitashvili said he expected the private sector to be “very active” and invest at least GEL 500 million (about $170 million or EUR 166 million) in rehabilitation project for western Georgia’s Soviet-era Tskaltubo resort. Davitashvili said the project would create at least 3,200 jobs directly – both during the construction and…
Polish retail sales grew by 11.2% YoY in May after a 21.1% increase in April, Eurostat, the EU’s statistics agency, reported on July 6. Month on month, retail sales went down by 0.8%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data…
Prime Minister of Ukraine Denys Shmyhal met with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on the sidelines of the Ukraine Recovery Conference in Lugano. “On the sidelines of the Ukraine Recovery Conference, a meeting was held with President of the European Bank for Reconstruction and Development Odile Renaud-Basso. We…