In 2023, inflation in Ukraine decreased from 26% to 5%, while the nation’s economy showed growth, the National Bank Governor, Andriy Pishnyi said. “At 2023 year-start, inflation was 26%, the outlook of economic growth was 0%, amid colossal uncertainty and a record key policy rate. We are completing the year with growth at 5% and…
Over the year and a half since the launch of the Government’s eRobota grant programme, the state has invested UAH 6.5 billion in small and medium-sized business development through grants. More than 11,000 Ukrainians have already received grants to start or expand their businesses. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of…
The latest World Economic Situation and Prospects report from the United Nations Department of Economic and Social Affairs (UN DESA) sheds light on Bulgaria’s economic trajectory, painting a cautiously optimistic outlook amid global uncertainties. Despite a challenging global economic landscape, the report projects Bulgaria’s economy to exhibit a positive growth trend. Forecasts suggest a gradual…
Poland saw a lower than expected flash CPI inflation reading in December 2023, at 6.1% YoY, which was a good starting point for the first quarter of 2024, economists commented, warning, however, about uncertainty. Poland’s CPI inflation in December 2023 was 6.1% against expectations of 6.5%, the Central Statistical Office (GUS) said in a flash…
Border Police announced that at the border crossing points Leuseni – Albita and Sculeni, passenger and car traffic was increasing, on the way out of the Republic of Moldova, entering Romania. According to the authority, there are currently up to 100 cars at the control line. Thus, in order to exclude traffic jams, the activity…
Exports of goods and services from Ukraine are expected to grow by 9% in 2024. This was stated by the First Deputy Prime Minister of Ukraine, Minister of Economy Yuliia Svyrydenko. According to her, positive developments in this area began to occur in the last months of 2023. The opening of an alternative maritime corridor,…
According to the 2023 results, Ukraine’s exports increased and amounted to almost 100 million tons of goods. This is 112,000 tons more than in 2022. However, the value of exports fell by 18.7%, or $35.8 billion. Despite the general decline in exports of Ukrainian goods, positive trends were observed in the furniture market. Last year,…