Ukraine: economy fully functioning

VAT revenues of the state budget increased by 40% compared to the first months of the full-scale war. This was stated by the Minister of Finance of Ukraine Sergii Marchenko in an interview with The Economist. “Despite systematic missile attacks by russia and blackouts, Ukraine’s economy continues to operate. Domestic consumption is growing, and international…

Ukraine: EUR 30 million from Germany to be allocated to Energy Support Fund

The Federal Government of Germany has announced a contribution of EUR 30 million within the framework of the German-Ukrainian Energy Partnership for the purchase of equipment to restore Ukraine’s energy infrastructure damaged by russian shelling. The corresponding funds will be allocated to the Ukraine Energy Support Fund, established by the Energy Community Secretariat. “pootin wants…

Poland: C/A deficit down in October 2022

Poland’s current account deficit fell to EUR 549 million at the end of October, against a deficit of EUR 1.56 billion recorded at the end of September, according to central bank figures released on December 14. Market analysts expected the deficit to amount to EUR 800 million. Poland recorded a EUR 2.28-billion deficit in the…