The International Monetary Fund (IMF) expects that Ukraine’s general government gross debt may rise to 94% of GDP in 2024, which is lower than the previous forecast. The relevant data were included in the IMF’s Fiscal Monitor report, which was presented by IMF Fiscal Affairs Department Director Vitor Gaspar in Washington on April 17. According…
About 2,000 Moldovan companies are currently exporting to the European Union. The figures were presented by Deputy Prime Minister, Minister of Economic Development and Digitisation Dumitru Alaiba. He said: “This number, which at first glance may seem insignificant, should be seen in light of the fact that many of the companies operate as agents for…
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB). Speaking from Washington during the annual Spring meetings of the World Bank and the International Monetary Fund, Radev outlined a timeline…
On April 17, the U.S. Chamber of Commerce hosted the U.S.-Ukraine Partnership Forum. The event was attended by representatives of the governments, businesses from both countries and leading financial experts. Ukraine was represented by Prime Minister Denys Shmyhal, Minister of Finance Sergii Marchenko and Deputy Minister of Finance for European Integration Yuriy Draganchuk. The Forum…
The purchase of trams by Lviv is part of the Ukraine Urban Public Transport Project, a EUR 200-million framework loan from the EIB. This investment provides city councils and municipal transport companies with the resources to equip Ukrainian cities with modern urban public transport such as trolleybuses, trams and buses. The project is managed by…
Poles are on average 40% richer than they would have been if the country had not joined the European Union, according to a new report by the Polish Economic Institute, published ahead of next month’s 20th anniversary of Poland’s EU accession. PIE’s analysts calculated that Poland’s GDP per capita in purchasing power parity (PPP) terms…
In the Republic of Moldova, 450 social housing units will be built for 1,600 beneficiaries who will be able to rent the dwellings at an affordable price. At the same time, student hostels and old people’s homes will be rebuilt for another 1,460 beneficiaries. In this regard, the government approved the ratification of the Framework…