The Ukrainian Economy Ministry expects Ukraine’s gross domestic product to grow to 4% this year, First Deputy Prime Minister, Minister of Economy Yulia Svyrydenko has said at the YES 2023 Yalta European Strategy Forum. “We predict that the inflation rate will continue to slow in the coming years. All institutions are revising their GDP growth…
In August, average consumer prices decreased compared to the current July by about 0.1%, marking the further drop of the monthly inflation rate, recorded starting from June. The data were presented by the National Statistics Bureau (BNS) on September 11. Annual inflation in August, compared to August 2022, was 9.7%, down by 1.1% compared to…
Bulgaria is in the first place among the member states of the European Union in terms of the share of people who cannot keep their homes adequately warm (22.5%), according to the latest Eurostat data for 2022. On average for the population of the union, this indicator is 9%. Among the countries with the largest…
Poland’s economy is predicted to grow by 0.5% in 2023 and by 2.7% in 2024, while headline inflation could hit 11.4% this year before easing to 6.1% next year, according to summer forecasts from the European Commission (EC). The new GDP growth forecast comes slightly below the EC’s May expectation of 0.7% for this year,…
The Ukrainian economy is being shaped in three dimensions: the wartime economy, the recovery economy and the economy of the future. This was stated by Prime Minister Denys Shmyhal in a statement at the Yalta European Strategy in Kyiv. “The wartime economy is working. The recovery economy has been successfully launched and is gaining momentum.…