Despite the war and continuous Russian attacks on critical infrastructure objects, Ukraine’s economy began to recover in early 2023. With some upside risk, Ukraine’s GDP may increase by 1-3% at the end of the year. The relevant statement was made by the International Monetary Fund (IMF) in the Regional Economic Outlook, published on November 8.…
The Danish government has approved a new EUR 40-million aid package for Ukraine, with a focus on the city of Mykolaiv and the Mykolaiv region. Mykolaiv Mayor Oleksandr Sienkevych said this in a post on the Telegram messaging app. “Today, Ministers Oleksandr Kubrakov and Dan Jorgensen held the third meeting of the steering committee on…
Preliminary data from the National Statistical Institute revealed a decrease in the number of residential buildings and dwellings constructed in Bulgaria during the July-September period. A total of 1,239 buildings were completed, housing 5,085 new dwellings, marking a decrease of 7.3% in buildings and a 14.4% drop in dwellings compared to the same quarter in…
Poland recorded a 5% unemployment rate in October, which was in line with expectations, the Ministry of Family and Social Policy said. The registered unemployment rate in Poland in October was 5%, unchanged compared to September, according to preliminary data from the ministry. “The following months may bring a slight increase in unemployment, resulting from…
Coface Baltics risk management company reports on its subsidiary’s annual study of the economic situation in Central and Eastern European (CAE) region. 40 Baltic businesses are included in the Top 500 rating: five from Latvia, 13 from Estonia and 22 from Lithuania. This year marks 15 years since the start of the annual Top 500…
The opportunities of financing and the additional benefits provided through the 373 Programme on support of entrepreneurs, as well as the success stories of the first 100 business people from Moldova, were unveiled at an event with the participation of Prime Minister Dorin Recean, Digitalization and Economic Development Ministry Dumitru Alaiba and the director of…
The total amount of donor commitments for grant contributions to the Ukraine Energy Support Fund has reached more than EUR 322 million. Of this amount, EUR 192 million has actually been transferred to the Fund’s account by 15 public and private donors from different countries. The remaining amount consists of pledged contributions that are expected…