Poland’s Gross Domestic Product (GDP) increased by 2% YoY in the fourth quarter of 2022, the Central Statistical Office (GUS) reported on February 28, adding that this was in line with its earlier flash estimate. Poland’s economy expanded by 3.6% YoY in the third quarter of 2022, after a 5.8% growth in the second quarter…
Commercial banks in Georgia loaned GEL 44.47 billion ($16.9 billion) and received deposits of GEL 43.64 billion ($16.5 billion) in January, the latest data from the National Bank of Georgia showed. The volume of loans decreased by 0.71% MoM, while the number of deposits increased by 2.84%. Last month, the volume of term deposits increased…
A mission of the International Monetary Fund (IMF), led by Ruben Atoyan, on March 1-14 will hold discussions with Moldova’s authorities in Chisinau, in the context of the third assessment of the ECF-EFF programme, backed through the Extended Credit Facility (ECF) and Extended Fund Facility (EFF). According to the IMF Office in Moldova, the Fund’s…
Zaporizhzhia Nuclear Power Plant (NPP), seized by Russian invaders in March 2022, has been standing idle since September 2022. A total of 4,500 Ukrainian workers are remaining at the plant, where 11,000 people used to work in peacetime. The relevant statement was made by Energoatom National Nuclear Energy Generating Company of Ukraine President Petro Kotin.…
In 2023, the Cabinet of Ministers of Ukraine is planning to carry out customs reform that will include six steps. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal in an interview with Forbes Ukraine. “I will press for this reform to be implemented this year. We have already agreed with the President…
The white, rose and red wines, produced in the Valul lui Traian Protected Geographical Indication vine-growing and wine-making region, have been subjected to an organoleptic assessment. The results of tastings, made public by the Agriculture and Food Industry Ministry (MAIA) on February 27, confirmed that the wines from this region were of high quality. The…
The Georgian Government’s Interagency Commission has been authorised to set wholesale prices for select pharmaceutical products by Prime Minister Irakli Garibashvili, in the latest move designed to effect a reduction of domestic costs of medication. Citing “high public or state interest” in the mandate, the Government Administration said the Commission had also been allowed to…