Ukraine: international reserves up in August 2022

In August, Ukraine’s international reserves increased by 13.6%, to $25.436 billion. “As of September 1, Ukraine’s international reserves amounted to $25,436.0 million according to preliminary data. In August, they increased by 13.6% due to the receipt of a significant amount of international aid amid the country’s moderate debt payments in foreign currency and less NBU’s…

Poland: unemployment unchanged in August 2022

The initial Labour Ministry reading showed that the rate of unemployment was at 4.9% in August, unchanged from the previous month, Marlena Malag, the minister of labour, said. If the rate is confirmed by the country’s stats office, it would mean that unemployment has remained the same for three months. “In August, the level of…

Lithuania: problems on its Boxer IFV platform fixed

Lithuania’s armed forces have now fixed technical and software problems on their Germany-made Boxer IFV platform that houses an Israeli turret, the country’s Defence Ministry reports. “Upgrades are now being installed in vehicles delivered to Lithuania and this process will be finalised in November. The delivery of new Vilkas Infantry Fighting Vehicles (IFVs) to the…

Moldova: small and medium-sized enterprises to benefit from state support for business re-tech

Since August, small and medium-sized enterprises can benefit from non-refundable financial support worth up to 2 million lei (about 100 thousand euros) from the Organization for Entrepreneurship Development (ODA). According to the government’s communication and protocol department, the money is given to replace equipment and reduce production costs, so that companies can become more competitive…

Poland: retail sales up in July 2022

Polish retail sales went up by 7.6% YoY in July after a 7.9% increase in June, Eurostat, the EU’s statistics agency, reported on September 5. Month on month, retail sales went up by 1.5%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat…