The National Bank of Poland (NBP) will keep its medium-term target range of inflation at 2.5% plus or minus 1% in 2024 and does not rule out interventions on the FX market, NBP has said in the monetary policy guidelines for 2024. In 2024, NBP will keep the same set of monetary policy measures as…
Ukraine will be able to pass the coming winter heating season relying exclusively on domestically produced gas, Naftogaz CEO Oleksiy Chernyshov has announced. “I would like to underline that we are increasing domestic gas production and volumes are growing. In 2023, Naftogaz completed a record number of new wells; we will continue with this trend…
The strategy for the development of the Ukrainian economy provides for the stimulation of industries with high added value, primarily processing enterprises, Deputy Minister of Economy Nadiia Bihun has said. “When forming a strategy for the development of the real sector of the economy, we should focus on stimulating industries with high added value. And…
Poland’s unemployment rate should fluctuate only slightly until November, but might rise from the current 5% to 5.5% at the start of 2024, a government-affiliated economic think-tank said on September 25, commenting on August’s unemployment figures. The Central Statistical Office (GUS) reported that unemployment in August remained unchanged from July at 5%. “We expect a…
The works of a project on tourism potential of the region were completed in the districts of Straseni, Calarasi, Nisporeni and Ungheni. The regional project “Promotion of tourism potential of the central region of the Republic of Moldova” was initiated in 2017. “Following the efforts made, major objectives were achieved such as the development of…
Bulgaria will enter January 1, 2025 as the target date for adopting the euro in an official document, m the project published on the government website strategy.bg says. The changes are being made in the decree of the Council of Ministers to establish a coordination council for preparing the country for membership in the Eurozone.…
President of Ukraine Volodymyr Zelenskyy and Prime Minister of Canada Justin Trudeau have signed an updated Free Trade Agreement between the two countries. This document will replace the existing agreement, which has been in force since 2017. According to Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine, the new…