Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 70,327 loans from authorised banks totalling UAH 225.4 billion, of which 47,762 from public sector banks totalling UAH 100 billion (as of August 21). Over the past week, 668 concessional loans totalling UAH 1.9 billion were issued under the programme,…
The Moody’s international financial assessment agency has improved Moldova’s perspective from “negative” to “stable” and confirmed the long-term ranking at B3. “This news is important, as these rankings are used by big foreign investors to assess their entrance into a country. An improvement of the perspective helps the economic reputation of Moldova a lot,” MP…
Poland’s industrial output fell by 2.7% YoY in July, the Central Statistical Office (GUS) reported on August 21. Month on month, industrial output fell by 8.5%. Economists polled by PAP expected July’s industrial production to fall by 0.8% YoY and to increase by 6.6% MoM. Manufacturing prices fell by 1.7% YoY in July and by…
The Cabinet of Ministers of Ukraine has allocated UAH 350 million to the Ministry of Energy to support energy companies. Ukrainian Prime Minister Denys Shmyhal announced this on Telegram. “Today, we are allocating UAH 350 million to the Ministry of Energy to provide support to energy companies. These are funds to reduce the cost of…