Close to 50% of Polish employers employ a worker from Ukraine, new research has shown. Employment of Ukrainians in Polish companies has been on the rise, according a press release published on March 21 by recruitment agency Personnel Service, which cites its latest report “Barometer of the Polish Labour Market”. Nearly one in two Polish…
The European Investment Bank (EIB) provides 28 million euros for the modernization of the power distribution network in Moldova. The programme, with duration of four years, will be enforced by the Premier Energy Distribution enterprise – the biggest private operator of the power distribution system from Moldova, which serves about 70% of Moldova’s territory. The…
Poland’s average corporate gross monthly wage rose by 13.6% YoY, to PLN 7,065.56 (EUR 1,501) in February, the Central Statistical Office (GUS) reported. In monthly terms, the average wage went up by 0.6%. Economists polled by PAP expected a 12% annual increase in the corporate wage in February and a 1.1% rise from January. February’s…
The National Bank of Ukraine (NBU) sold $376.22 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. Between March 13 and March 17, the National Bank sold $376.22 million on the interbank foreign exchange market. Since the start of 2023,…
Last week, the Government of Ukraine allocated UAH 518 billion for defense and endorsed the action plan for 2023. “The Government has approved the draft law, which provides an additional UAH 518 billion for security and defense. These funds will be used primarily for payments to the military, the purchase of equipment. The reserve fund…
The Economic Development Digitalization Ministry (MDED) has set up a working group, which will analyze the constraints on the labour market of Moldova. Thus, till late April, specialists will come up with solutions meant to back and develop the economy. Among the priorities of the working group’s activity will be the analysis of the legal…
Georgia has exported locally produced goods worth $914.8 million between January and February, up by 20.3% YoY, the preliminary data from the National Statistics Office of Georgia showed. Geostat said local exports in the country accounted for 54.3% of total exports in the reporting period, amounting to $497.2 million, down by 10.6%. Georgia’s top trading…