In 2024, Ukraine plans to spend almost UAH 1.7 trillion on the army, defence and security. The entire UAH 1.575 trillion of taxes paid to the budget by Ukrainians and Ukrainian businesses in 2024 will be used for defence. In addition, the Government will raise funds for defence needs through the placement of military bonds,…
Sparkling wines of producers from the Republic of Moldova were included in the top ten positions at the 21st edition of the international competition for the best sparkling wines in the world, Effervescents du Monde 2023. Thus, the Moldovan wines obtained five gold medals out of 80 awarded. At the same time, liqueurs made in…
Newly released figures from Eurostat reveal a notable surge in Bulgarian air passengers, marking a 74% increase in 2022. Despite this growth, the nation holds the distinction of the EU’s second slowest rise, with Cyprus recording a slightly lower increase at 69%. The European Union, as a whole, experienced a remarkable upswing, with an average…
Inflation is Poland is continuing to fall and is on its way to hitting the central bank’s (NBP) inflation target, Adam Glapinski, the bank’s governor, has said. Glapinski was speaking a day after the Monetary Policy Council (MPC) left the reference interest rate unchanged at 5.75%. Inflation in Poland now stands at 6.5% having hit…
The dynamics of support for Ukraine from Western partners has slowed down, with partner assistance falling to its lowest level since January 2022. This conclusion was reached by the authors of the Ukraine Support Tracker from the Kiel Institute for the World Economy, who updated their data on December 7. “The period between August and…