On August 22, the state budget received the seventh tranche of EUR 1.5 billion as part of a large-scale Macro-Financial Assistance (MFA) from the EU for 2023. In total, Ukraine has already received EUR 12 billion of MFA from the EU out of the EUR 18 billion provided under the program. The loan repayment period…
The first electric bus with dynamic charging, which autonomously moves 70 km and meets all international standards in the field, has been produced in Moldova. The electric bus was assembled by engineers of the Informbusiness Company, specialized in the production of electronic equipment for transport, which was exported to more than 170 countries, the government’s…
Poland’s Agriculture Ministry has announced that 11 beef-processing companies have received authorisation to export the meat to Thailand. The ministry said that Thai authorities had informed it that beef meats and beet offal from Poland would be allowed onto the Thai market. “Eleven beef production plants have been granted the right to export to the…
The National Bank of Ukraine (NBU) sold $406.71 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. Between August 14 and August 18, the National Bank sold $406.71 million and purchased $0.96 million on the interbank foreign exchange market. Since…
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…