The World Bank will offer the Republic of Moldova a grant worth $88.4 million. The Parliament ratified on August 17 the multi-donor trust fund grant agreement between the Republic of Moldova and the International Bank for Reconstruction and Development and the International Development Association. Thus, the grant will be disbursed in a single installment and…
Poland’s Gross Domestic Product (GDP) decreased by 0.5% YoY in the second quarter of 2023, the Central Statistical Office (GUS) reported. Compared to the previous quarter, the economy fell by 3.7%, GUS said in a flash estimate. Poland’s economy contracted by 0.3% in the first quarter of 2023, after a 2.3% growth in the fourth…
On August 15, the Government adopted a resolution on changes to the mechanism of customs clearance of goods subject to licensing under the Free Trade Agreement between Ukraine and the Republic of North Macedonia. “Thanks to the adopted document, we are fully implementing the updated Free Trade Agreement between Ukraine and North Macedonia, which was…
Minister of Foreign Affairs Dmytro Kuleba, Minister of Defence Oleksii Reznikov and Minister for Strategic Industries Oleksandr Kamyshin held a coordination meeting on August 15 at the Ministry of Foreign Affairs to discuss the major Defence Industries Forum to be held in autumn. The ministers discussed the main parameters of the event, which would bring…
Natural gas rates could drop in the cold season. Minister of Energy Victor Parlicov made the statement, saying that the current procurement price of natural gas could provide the necessary premises for the review of tariffs for consumers. “We expect this year to be easier than the previous year in all respects. For the next…
In the first half of 2023, the net sales revenue of the state-owned “Vazovski Mashinostroitelni Zavodi” (VMZ) in Sopot increased by nearly 80% and reached 392 million leva, driven by the increased demand for special production due to the war in Ukraine. As of the middle of the year, VMZ’s turnover already exceeded that achieved…
The number of Asians working in economic sectors previously dominated by Poles and Ukrainians is increasing every month, according to the newspaper Rzeczpospolita. Asian workers, from countries such as the Philippines and Indonesia, are becoming common-place in the manufacturing, hospitality and construction sectors, the paper writes. They are taking the place, it appears, of Ukrainians…