Despite politics’ focus on demand, no growth no party
The core inflation is expected to remain elevated due to the non-competitive wage growth affecting both demand and costs in the price-setting process.
The core inflation is expected to remain elevated due to the non-competitive wage growth affecting both demand and costs in the price-setting process.
Poland’s central bank lowered interest rates despite inflation standing at 10%. The zloty immediately lost value against the dollar and the euro.
Latvia closes one of its two crossing points with Belarus and signed for a purchase of the German medium-range air defence system IRIS-T.
Vilnius’ economy is predicted to slightly contract this year (-1.4%) before bouncing back (+2.9%) – as long as the focus is on innovation and productivity.
Poland raises spending on defence, health, social benefits, and public-sector pay: all money supply that sets an exchange of nothing for something.
Since Wagner mercenaries arrived Belarus, Latvia Lithuania and Poland prepare for increasing illegal border crossings and hybrid threats.
The viability of alternative export routes to the Ukrainian grain presents transportation and capacity costs for an already tight global wheat market.
While most of consumers expect prices to stay high, Polish inflation is set to receive a boost with a 60% increase in child benefit payments (+0.8% GDP).
Poland move military units to the east due to the presence in Belarus of Wagner Group, one of the most battle-hardened mercenary forces.
With support from Poland and European funding (1.6 bn), the Baltics will upgrade their infrastructure and disconnect from the BRELL system.