Poland’s government has approved a bill granting additional payments to social care workers, who often earn minimum wage. If approved by parliament and the president, the legislation will allow almost 200,000 people employed in the sector to receive an additional 1,000 zloty (EUR 230) gross each per month starting from July. For those on the…
On March 19, the Government team headed by Prime Minister Denys Shmyhal met in Luxembourg with Nadia Calvino, President of the European Investment Bank. Among other participants were Minister of Finance Sergii Marchenko, Minister of Justice Denys Maliuska and Deputy Minister of Economy / Trade Representative of Ukraine Taras Kachka. The parties discussed a number…
Ukrainian Danube Shipping Company PrJSC (UDP) has created a combined transportation service at a uniform tariff rate for European river ports. The relevant statement was made by the company’s press service on Facebook. “We have a successful experience of working with combined services. We delivered grain from motor vehicles at a Ukrainian port to a…
The National Energy Regulatory Agency (ANRE) on March 19 approved a decrease in the prices for electric energy delivered to the end consumers. Thus, the household consumers from the central and southern Moldova will pay 2.34 lei for 1 kWh, down by 0.05 lei than earlier. At the same time, the tariff for the consumers…
Slovakia is becoming a debtor with the highest risk in the eurozone. The yield of 10-year Slovak bonds surpassed the yield of Italian bonds; Italy is currently the largest debtor in the eurozone. Additionally, of all the eurozone members, Slovakia’s risk surcharge, which creates additional financing costs for the state’s debt, has increased the most.…
Polish e-commerce giant Allegro – which is the leading player on its domestic market – has expanded its brand to a third country in the region after launching the Allegro.sk shopping platform in Slovakia. Allegro, which is also one of Europe’s largest e-commerce platforms, has since 2022 already been operating in Slovakia, the Czech Republic,…
The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria, led by Jean-Francois Dauphin, following consultations with Bulgarian authorities on macroeconomic indicators and financial policies. Throughout the mission, IMF experts engaged in discussions with government representatives and officials from the Bulgarian National Bank to assess the country’s economic landscape and policy implementation.…