Poland’s Gross Domestic Product (GDP) increased by 5.3% YoY in 2022, the Central Statistical Office (GUS) reported in its corrected estimate on October 5. In April, GUS reported that Poland’s economy grew by 5.1% in 2022. “In accordance with the corrected estimate, Poland’s GDP grew in real terms by 5.3% in 2022,” GUS wrote. “This…
“Will the energy transition affect prices in Bulgaria and can the agreement between the authorities and the protesters not lead to high social and consumer prices? There are forecasts of a jump in the price of electricity in the country next year. It will be equal to 10%, but it will be a consequence of…
The threshold of the aid de minimis provided by the state to enterprises will increase to the level established by EU. The parliamentary commission for economy, budget and finances will propose the adjusting of the legislation in the field of state assistance to the European Union’s norms. The updating of the threshold of the aid…
Deputy Minister of Energy of Ukraine Yaroslav Demchenkov discussed with a delegation of members of the Bundestag of the Federal Republic of Germany the directions of implementation of the German-Ukrainian energy partnership. During the meeting, the Deputy Minister thanked the German side for the equipment provided for the Ukrainian energy sector, which helps to carry…
The Cabinet of Ministers of Ukraine has approved the redistribution of subventions from the state budget to local budgets to enable the implementation of 33 additional regional recovery projects. The relevant amendments were made to Government Order No. 596-p dated July 4 at the initiative of the Ministry for Communities, Territories and Infrastructure Development of…
The aggregate value of mortgage loan enquiries in Poland increased by 248.8% YoY in September, the Credit Information Bureau (BIK), a credit-scoring agency reported quoting requests for verification sent by commercial and cooperative banks. A total of 36,590 potential borrowers applied for a mortgage loan in September, compared to 13,580 a year earlier, an increase…
Valcinet-Ocnita-Balti-Ungheni-Chisinau-Cainari railway corridor, with a length of 446 km, will be restored thanks to a loan worth 23 million euros from the European Bank for Reconstruction and Development. The government approved the ratification of an Agreement in this regard on October 4. According to the government’s communication and protocol department, the financial means are to…