Finnish financial group OP Pohjola’s bank OP Corporate Bank improves the forecast announced in June and believes that Lithuania’s economic growth will accelerate to 3.2% this year – earlier…
The gross domestic product (GDP) of the Eurozone in the second quarter of this year increased by 0.6% compared to the previous quarter, while that of the entire European Union (EU) increased by 0.7%. Meanwhile, for…
After Russia’s invasion of Ukraine and the imposition of Western sanctions, China, which became the largest buyer of Russian oil, continues to receive billion-dollar benefits from the supply of Russian raw materials with…
Vladimir Putin stated at the plenary session of the Eastern Economic Forum that the Central Bank of Russia and the government managed to achieve the goal of “preventing hyperinflation from rising”…
This summer, residents’ spending on goods and services grew faster than last year. People did not hold back spending money either in Lithuania or while traveling abroad. Most attention,…
The number of illegal lenders in Russia has more than doubled in a year. Some of them do not aim to earn from high interest rates but wait for the first default on obligations,…
For the first time in three decades, the Russian economy may shrink for two consecutive years, inflation may return to the record highs of the early war years, consumers may have to cut back on spending, and the government may face the threat of complete depletion of the National Wealth Fund. This scenario is outlined…
The Armed Forces of Ukraine damaged about 100 commercial ships in the Black and Azov Seas over 40 days, acknowledged Russian leader Vladimir Putin, as quoted by the news…
The Russian leader Vladimir Putin stated that Armenia’s step towards joining the European Union would essentially mean withdrawing from the Eurasian Economic Union (EAEU)….
The Russian economy is at risk of “going into an uncontrolled mode” if it is fully focused on the needs of the war industry, Russian President Vladimir Putin was quoted as saying on Tuesday…
