Poland’s long-term rating in foreign currency was affirmed at the A- level with stable outlook by global rating agency Fitch on November 10. According to the agency, “Poland’s ratings are supported by a diversified economy, a fairly sound macroeconomic framework anchored by EU membership, and slightly lower public debt levels than rated peers. This is…
In October, Ukraine increased the volume of exports of dairy products by 17% MoM, while cash receipts rose by 22.6%, the Association of Dairy Producers reported. “According to preliminary data of the State Statistics Service of Ukraine, in October, Ukraine exported 8,790 tons of dairy products worth $18.15 million. The natural volumes of exports increased…
Funding for support programmes for war veterans will be doubled in 2024. This was announced by Prime Minister Denys Shmyhal during a Government meeting on November 10. “We earmark UAH 14 billion to provide our veterans with the necessary services and support. We are building a new veterans’ policy. We will fully launch the Veteran’s…
The first batch of assistance from the French Ministry of the Armed Forces for the National Army has arrived in Chisinau. It was delivered by air. According to the Ministry of Defense, the aid contains personal equipment, logistical supplies, light infantry weapons and ammunition. This is the first batch of support from the French Republic…
Bulgaria’s industrial landscape faced a substantial setback in September, witnessing a sharp decline both on a monthly and yearly scale, according to data from the National Statistical Institute. The year-on-year contraction reached a staggering 11.5%, surpassing the 2.7% dip compared to August. Breaking down the data, the production and distribution of electricity, heat and gas…
Poland’s inflation is expected to fall further, but at a slower pace than to date, the central bank’s governor, Adam Glapinski, has said. “Inflation will still be decreasing in Poland, but its further decline will be slower than to date,” Glapinski said at a press conference on November 9, the day after the Monetary Policy…
South Korea will help Ukraine produce more high quality drones for war against Russia, Lviv Mayor Andriy Sadovyi has stated in a video commentary following a foreign tour, Ukrinform reports. “We have great contact with drone manufacturers. We connect them with our producers. There will be more drones, and they will be of higher quality,”…