Inflation in Poland will fall below 10% within six months, the head of the state-run Polish Development Fund (PFR) has said. In December 2022, Poland’s inflation reached 16.6% YoY, the country’s statistical office reported. Inflation for the whole past year hit 14.4%, the highest level since 1997. Speaking at a regional conference in Warsaw on…
About $25 million will be invested this year in the livestock sector in Moldova, to increase the resilience of milk production farms, to improve the conditions of animal maintenance, as well as to equip the farms with specialized equipment and software. This will be a part of the total amount of $55 million, offered by…
Polish retail sales went up by 3% YoY in December 2022 after a 5.7% increase in November 2022, Eurostat, the EU’s statistics agency, reported on February 6. Month on month, retail sales went down by 3.3%, the agency also said. Retail sales in the eurozone fell by 2.8% YoY in December 2022 after a 2.5%…
Almost 50 auctions are planned to be held in February within the framework of small privatization. “There are objects of suspended construction that have not been in operation for years, metal production facilities that may now be in demand for those enterprises that relocate and resume defense production, another distillery in Chernivtsi region, production facilities…
On February 3, Minister for Veterans Affairs of Ukraine Yulia Laputina held a videoconference with Minister-Member of the Council of Ministers of the Republic of Poland Michal Dworczyk. The parties discussed attracting assistance from Polish partners in the construction of a modern rehabilitation facility, the Borodyanka Center, a flagship project of the Ministry for Veterans…
Moldovan wines are exported to over 70 countries of the world, and the wine sector has a share of 3% of the country’s Gross Domestic Product and 8% of exports. The figures were presented at the Wine Sectoral Conference – EU and Eastern Partnership Cooperation within wine sector: sector’s attractiveness and market opportunities, organized in…
About 56% of adult Poles used online banking services in 2022, a government-sponsored economic think-tank reported. “A more than three-fold growth has been observed in Poland over the past 15 years,” the Polish Economic Institute (PIE) said in its weekly publication on February 2, adding that only 13% of Poles used online banking in 2007.…