The purchasing power of Polish citizens reached 79% of the EU average in 2022, the head of a government-affiliated economic agency said. Buoyed by years of economic growth, Poland has been gradually catching up on its western European peers, and now appears to be closing in on parity. “Poland at 79% of European average in…
The Moldovan-Romanian working group for energy sector, made up both of decision-makers from ministries and the managers of the principal competent enterprises, will be reactivated. A decision to this effect was announced following a discussion between Moldova’s Energy Minister Victor Parlicov and his Romanian counterpart Virgil-Daniel Popescu in Chisinau. According to the Energy Ministry, the…
Poland hopes that 2023 and the coming years will give further positive dynamics to the development of trade and investment cooperation with he countries of Central Asia, a source at the Ministry of Economic Development and Technology of Poland has said. “We see opportunities for the development of economic cooperation both with today’s largest economic…
First Deputy Prime Minister – Minister of Economy of Ukraine Yuliia Svyrydenko met with Ambassador Extraordinary and Plenipotentiary of the Kingdom of Sweden to Ukraine Tobias Thyberg. During the meeting, the parties discussed the financing of economic recovery projects, financing of grant programmes and humanitarian demining of agricultural land. “Currently, the state budget is financed…
The new head of the Ministry for Strategic Industries should relaunch the agency and transform it to meet the needs of the country at war. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, during the introduction of the newly appointed Minister for Strategic Industries Oleksandr Kamyshin to…
Poland’s unemployment rate remained unchanged month on month in February at 5.5%, the Central Statistical Office (GUS) reported on March 23. Economists polled by PAP expected a 5.5% unemployment figure in the second month of 2023. The number of registered unemployed measured 864,800 in February against 857,600 in January, GUS also said. Earlier, the Family…
Georgian Finance Minister Lasha Khutsishvili on March 23 told the Parliament he was expecting maintenance of “positive dynamics” of economic growth in the country and even higher figures this year. Khutsishvili told MPs data published by the National Statistics Office of Georgia showed the real gross domestic product grew by 10.1% YoY in 2022, with…