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Tag Archives: economy

Estonia: refugees in transit via Narva risk not receiving help

EstoniaBy admin2022-04-18Leave a comment

Hundreds of Ukrainian refugees a day are arriving in Estonia from Russia, the vast majority of whom are in transit to other countries. Volunteers helping these refugees find that Estonia is only providing a solid reception to asylum-seekers, while refugees in transit are at risk of being left up to their own devices in Narva.…

Ukraine: UAH 685 billion worth of cash in circulation as of April 2022

UkraineBy admin2022-04-18Leave a comment

Some UAH 685 billion worth of cash was in circulation as of April 1, the National Bank of Ukraine reported. In particular, this is almost 3.1 billion banknotes totaling UAH 679.8 billion, as well as almost 14.1 billion coins (excluding commemorative and investment) in the amount of UAH 5.09 billion. This is UAH 57.4 billion,…

Poland: PGNiG appeals against dismissal of its complaint against EC-Gazprom settlement

PolandBy admin2022-04-15Leave a comment

The Polish state-owned natural gas giant PGNiG has appealed to the Court of Justice of the European Union (CJEU) against the General Court of the EU’s rejection of Poland’s charges versus Gazprom. In February, the General Court of the EU rejected charges against a 2018 settlement between the European Commission (EC) and Russian oil and…

Latvia: tourism still in recovery mode after Covid-19 pandemic

LatviaBy admin2022-04-15Leave a comment

In February, the number of foreign and resident visitors comprised 88.3 thousand, up 2-fold YoY, but down by 43.4% from before the beginning of pandemic in February 2020. As compared to February last year, the number of nights spent by visitors comprised 163.3 thousand, up by 91.1%. In the two months of the year, the…

Ukraine: over 250 companies already relocated under state program

UkraineBy admin2022-04-14Leave a comment

More than 250 production facilities have already been relocated from the war zone to other regions under the state program. Of them, 121 facilities already work. “More than 250 production facilities have already been relocated to other regions under the state program. Of them, 121 companies are already fully operational in the new location, while…

Poland: opposition party suggests solutions for rising inflation

PolandBy admin2022-04-14Leave a comment

Donald Tusk, leader of Poland’s main opposition party Civic Platform (PO), has suggested a package of solutions to help society weather rising prices, interest rate increases and shrinking savings. Poland’s inflation reached 10.9% YoY in March despite the seventh rate hike in a row by the central bank, which pushed the reference interest rate up…

Poland: value of e-commerce market hits EUR 24 billion in 2021

PolandBy admin2022-04-14Leave a comment

The value of the Polish e-commerce market reached PLN 111 billion (EUR 23.9 billion) in 2021, of which 56% were goods and 44% services, the PMR researcher found. Online sales of services were worth PLN 48.7 billion (EUR billion) in 2021 and are expected to double, to PLN 97 billion (EUR 20.9 billion), until 2027,…

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