In January, the average wage rose in Poland by 12.8% YoY, to 7,768 zloty (EUR 1,797) before taxes, faster than expected, data from Statistics Poland (GUS), a state agency, showed. According to analysts, who had expected a rise of around 11%, wage growth was mainly supported by a record increase in the minimum wage that…
Prime Minister Denys Shmyhal discussed the implementation of agreements between Ukraine and Japan with representatives of Japanese businesses. The Prime Minister said this in a post on Facebook. According to Shmyhal, Ukraine and Japan are beginning a new chapter in their relationship. This was demonstrated by the outcomes of the Conference for Promotion of Economic…
The National Bank of Ukraine (NBU) sold $322.6 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. From February 12 to 16, the National Bank sold $322.6 million and purchased $0.3 million on the interbank foreign exchange market. Since the…
Prime Minister Dorin Recean has provided details on the delivery of diesel from Romania, meant for the agricultural producers from Moldova. “The state does not have storage capacities. And it is not about the bringing of a cup of diesel; I apologize for analogies. The idea is that we have 4,000 tons; this is very…
Amidst concerns surrounding energy security and the transition away from Russian nuclear fuel, the executive director of Bulgaria’s Kozloduy Nuclear Power Plant (NPP), Valentin Nikolov, has reassured the public that there is no risk of operational disruptions. Addressing fears of potential shutdowns, Nikolov affirmed that none of the operating units at the Kozloduy NPP were…
The complete closure of the border may lead to the suspension of the export of Polish goods to Ukraine and, as a result, lead to the elimination of many jobs in Poland. Polish Minister of Agriculture and Rural Development Czeslaw Siekierski emphasized this in his letter to the protesting farmers on the eve of their…
The Supervisory Board of Ukrainian Defense Industry JSC (Ukroboronprom) has endorsed a decision to transform a total of 33 state-owned defense industry enterprises into economic entities. The relevant statement was made by the company’s press service on Telegram. “In February, five more strategic state-owned enterprises, which are part of the company, were converted into economic…