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Daily Archives: 2024-01-02

Ukraine: defense industry’s capabilities already twice as high as funding for 2024

UkraineBy admin2024-01-02Leave a comment

The Ministry of Strategic Industries is working to find additional funding for contracting domestic production, the capacity of which already almost doubles the funding for the this year. Minister of Strategic Industries of Ukraine Oleksandr Kamyshin said this during a briefing on “Results of the Ministry of Strategic Industry and Ukroboronprom for 2023”. “As of…

Moldova: public lighting systems modernized in 52 localities

MoldovaBy admin2024-01-02Leave a comment

Public lighting systems were modernized in 52 localities throughout the country. The investments were made within the European Express Village Program. An example in this sense is the rehabilitation of the public lighting system in the village of Cozesti, Sangerei district. With an investment of 350 thousand lei (17.5 thousand euros) from the National Fund…

Bulgaria: external liabilities dip below EUR 42.5 million

BulgariaBy admin2024-01-02Leave a comment

Bulgaria’s Gross External Debt stood at approximately EUR 42,410 million as of the end of October 2023, marking a 3.7% decrease from the same period in 2022, according to data released by the Bulgarian National Bank (BNB). Short-term liabilities, constituting about 16.9% of the gross debt and 7.5% of GDP, saw a notable decline of…

Poland: companies worry about inflation and energy costs in 2024

PolandBy admin2024-01-02Leave a comment

More than half of Polish companies are concerned about rising inflation in 2024, according to data from the Monthly Business Climate Index compiled by analysts of the Polish Economic Institute (PIE). Pessimistic energy price forecasts persist among businesses in Poland. According to data from the December 2023 edition of the Monthly Business Climate Index compiled…

Baltic States: Nasdaq Baltic stock exchanges see major slump in 2023

BalticsBy admin2024-01-02Leave a comment

Nasdaq’s three Baltic stock exchanges saw considerably lower transaction numbers as well as trading asset turnover last year than in 2022, with shares in the Tallinn exchange’s now-delisted Baltika seeing the Baltic Main List’s biggest drop of 2023 at 46%. Last year, a combined 1.108 million stock transactions took place on Nasdaq’s Tallinn, Riga and…

Ukraine: purchase of domestic goods by state-owned companies a matter of survival during war

UkraineBy admin2024-01-02Leave a comment

This year, public procurement should switch to Ukrainian goods and components as much as possible, wherever possible. The issue of how to align the positions of suppliers and buyers as quickly as possible was discussed during a meeting on demonopolisation and import substitution for the needs of Ukrzaliznytsia chaired by Yuliia Svyrydenko, First Deputy Prime…

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