Organization for Economic Cooperation and Development (OECD) predicts that economic growth is expected only in Latvia among the Baltic countries: the country’s gross domestic product (GDP) will grow by 1.1% this year, and a 2.4% increase is expected next year. In November, the OECD predicted that Latvia’s GDP would increase by 0.2% and 2.3% this…
Small and medium enterprises in the Republic of Moldova will be able to benefit from affordable financing for the implementation of investment projects under the 373 Program, approved by the government on June 7, the government’s communication and protocol department has reported. The program sees the granting of investment loans by banks, with the partial…
Ukraine’s international reserves, according to preliminary data, reached $37.3 billion as of June 1. This is said in a report published on the website of the National Bank of Ukraine (NBU). “Ukraine had $37,311.3 million in international reserves as of June 1, according to preliminary data. In May, international reserves increased by 4% and rose…
The National Bank of Ukraine (NBU) sold $468.95 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 May 29 and June 2, the National Bank sold $468.95 million and purchased $11.93 million on the interbank foreign exchange market. Since…
In the first five months of 2023, receipts to the National Public Budget administered by the State Fiscal Service amounted to 25.23 billion lei (about 1.2 billion euros), up by 16.4% YoY. Thus, 11.2 billion lei were collected to the state budget in five months of 2023, up by 14.1%. About 2.7 billion lei were…
Polish retail sales went down by 2% YoY in April after a 5.1% decrease in March, Eurostat, the EU’s statistics agency, reported on June 6. Month on month, retail sales went up by 1.4%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat…
Minister of Agrarian Policy and Food of Ukraine Mykola Solskyi held a regular online meeting with Minister of Agriculture and Food Industry of the Republic of Moldova Vladimir Bolea. The parties discussed steps aimed at significantly increasing the volume of transportation of Ukrainian agricultural products by the Moldovan railway, including by reducing the tariff for…