Poland’s average corporate gross monthly wage rose by 13.5% YoY, to PLN 6,883.96 (EUR 1,448) in January, the Central Statistical Office (GUS) said on February 20. In monthly terms, the average wage went down by 6.1%. Economists polled by PAP expected a 12.9% annual increase in the corporate wage in January and a 6.2% decline…
The National Bank of Ukraine (NBU) sold $660.6 and purchased $4.9 million on the interbank foreign exchange market over the past week. According to data provided by the central bank, following foreign exchange interventions, between February 13 and February 17, the National Bank sold $660.63 million on the interbank foreign exchange market and purchased $4.9…
In 2023, pensions for Ukrainians will be raised again. Already this March, the Government plans to index pensions by 20%. All categories defined in the Law On Compulsory State Pension Insurance will be subject to indexation, Prime Minister Denys Shmyhal has announced. “By the order of the President of Ukraine, we are adjusting pensions despite…
Poland’s long-term rating in foreign currency was affirmed at the A- level with stable outlook by the rating agency Standard and Poor’s (S&P). According to the agency, Poland will be able to weather most macroeconomic risks stemming from the Russia-Ukraine war over the coming two years due to a diversified economy, the flexibility of the…
The State Administration of Roads (ASD) informed about the completion of the works of repair of the bridge on the M5 road, border with Ukraine-Criva-Balti-Chisinau-Tiraspol-border with Ukraine, km 215.53. According to ASD, the repaired bridge on the M5 road will ensure the access of transports in safety and comfort, due to the reestablishment of the…
Georgian Deputy Economy Minister Mariam Kvrivishvili met representatives from the Hungarian budget airline Wizz Air in Tbilisi to discuss cooperation, the Ministry of Economy announced. The state body said the meeting discussed the possibility of a further expansion of Wizz Air operations in the country’s western Kutaisi International Airport, where the company had been operating…
The International Labour Organization (ILO) and the Swiss State Secretariat for Economic Affairs (SECO) launched a project titled, Inclusive and Productive Employment in Moldova. The project will be implemented with the financial assistance of the Swiss Confederation. Attending the event on the project’s launch was ILO Director General Gilbert F. Houngbo, on a visit to…