Poland: inflation tax and axe (+7%) delivered to consumers
ING estimates strong price pressure due to the continued rise in fuel, food and energy. In August, PPI accelerated to 9.5% YoY.
ING estimates strong price pressure due to the continued rise in fuel, food and energy. In August, PPI accelerated to 9.5% YoY.
Rulers in Warsaw are undermining the independence of courts, media and NGOs. Forgetting that the primacy of European laws is a key principle of the integration.
The offshore wind farm is a joint Estonia-Latvia project with a total capacity of 700-1000 MW, and will provide over 3 TWh of renewable energy per year.
New Generation Lithuania lays the foundations for high added value, digitalization, green course, better education, health and social services.
Lithuania’s fiscal response to the crisis has been timely and adequate: GDP contracted by only 0.8%, while real growth has reached 4.8% this year.
The Latvian central bank indicates an increase in GDP of 3.3% this year and 6.5% in 2022. Budget deficit and inflation forecasts are revised upwards.
Energy prices are 22% higher and inflation will be maintained in the coming months by rising prices on the global market for raw materials and imported goods.
Third largest economy in the EU, with the emission of more than 800 gm of carbon dioxide per euro of GDP, where coal dominates the energy sector, with a 77% share in electricity production.
Already in 2012, Estonia’s 1.3 million residents could use electronic ID cards to vote, pay taxes and access more than 160 online services.
The 500+ policy seems to have had the political effects desired by the government, rather than solving economic and demographic issues.