Since the launch of the State Programme Affordable Loans 5-7-9%, business entities have received 64,485 loans from authorised banks totalling UAH 208.75 billion, of which 42,964 from public sector banks totalling UAH 91.3 billion (as of June 26). Over the past week, 361 soft loans totalling UAH 1.7 billion were issued under the programme, including…
The National Bank of Moldova (BNM) has decided to cap the interbank fees charged for payment card transactions. Thus, the commissions will be reduced, in three stages over two years, from 1.6% and 2.5%, as it is now, to 0.5-0.6%. According to the BNM, the action will directly lead to a decrease in the costs…
The Polish government would extend the zero-VAT rate on some foodstuffs until the end of 2023, the prime minister announced on June 26. Under current regulations, the zero-VAT rate on some staple foods, such as vegetables and dairy products, which was introduced on February 1, 2022, was due to expire at the end of June.…
At the Ukraine Recovery Conference in London, countries and organizations pledged about $60 billion in aid to support the reconstruction of Ukraine, Prime Minister of Ukraine Denys Shmyhal wrote on Facebook. “Last week, was marked by the Ukraine Recovery Conference in London, where Ukraine received practical results that strengthen our resilience and accelerate reconstruction. Financial…