Polish retail sales went down by 0.4% YoY in September after a 0.1% increase in August, Eurostat, the EU’s statistics agency, reported on November 8. Month on month, retail sales went up by 1%, the agency also said. Retail sales in the eurozone fell by 2.9% YoY in September after a 1.8% decrease a month…
Two national road sectors will be rehabilitated and modernized. Government has approved the initiation of negotiations on loan agreement between Moldova and the European Bank for Reconstruction and Development (EBRD) on implementation of Moldova road rehabilitation project, the government’s communication and protocol department has reported. M2 road, Chisinau city belt, sector 2 will be rehabilitated…
Despite the war and continuous Russian attacks on critical infrastructure objects, Ukraine’s economy began to recover in early 2023. With some upside risk, Ukraine’s GDP may increase by 1-3% at the end of the year. The relevant statement was made by the International Monetary Fund (IMF) in the Regional Economic Outlook, published on November 8.…
The Danish government has approved a new EUR 40-million aid package for Ukraine, with a focus on the city of Mykolaiv and the Mykolaiv region. Mykolaiv Mayor Oleksandr Sienkevych said this in a post on the Telegram messaging app. “Today, Ministers Oleksandr Kubrakov and Dan Jorgensen held the third meeting of the steering committee on…
Preliminary data from the National Statistical Institute revealed a decrease in the number of residential buildings and dwellings constructed in Bulgaria during the July-September period. A total of 1,239 buildings were completed, housing 5,085 new dwellings, marking a decrease of 7.3% in buildings and a 14.4% drop in dwellings compared to the same quarter in…
Poland recorded a 5% unemployment rate in October, which was in line with expectations, the Ministry of Family and Social Policy said. The registered unemployment rate in Poland in October was 5%, unchanged compared to September, according to preliminary data from the ministry. “The following months may bring a slight increase in unemployment, resulting from…
Coface Baltics risk management company reports on its subsidiary’s annual study of the economic situation in Central and Eastern European (CAE) region. 40 Baltic businesses are included in the Top 500 rating: five from Latvia, 13 from Estonia and 22 from Lithuania. This year marks 15 years since the start of the annual Top 500…