Ukraine: nearly UAH 36 billion in loans received by farmers under Affordable Loans at 5-7-9 programme

Since the beginning of the year, almost 12,000 agricultural enterprises have received UAH 62 billion in bank loans for the development of farms. Of these, more than 9,300 enterprises received UAH 35.9 billion in loans under the Government’s Affordable Loans at 5-7-9 programme. Agricultural enterprises in the following regions received the largest amount of loans…

Poland: PMI up in October 2023

Poland’s manufacturing sector purchasing managers’ index, PMI, edged up to 44.5 points in October from 43.9 points in September, as the overall downturn eased for the second month running, according to a report by S&P Global. “Business conditions at Polish manufacturers continued to deteriorate sharply in October,” S&P Global wrote in the report on Poland.…

Bulgaria: Dronamics and ELTA sign agreement for first postal deliveries by cargo drones in Greece

Dronamics, the world’s first cargo drone airline licensed to operate in Europe, and Hellenic Post (ELTA) have announced an agreement that will lead to the first postal deliveries by cargo drones in Greece. Dronamics, which designs, develops and operates cargo drones, will provide medium-distance deliveries to Hellenic Post, the national postal service of Greece. The…

Ukraine: businesses assess their economic performance guardedly

In October, businesses returned to reporting guarded expectations for their current economic performance. This is evidenced by the business activity expectations index (BAEI), which the National Bank of Ukraine calculates on a monthly basis, apart from the forced break in March-May 2022. “Persisting considerable security risks, the destroyed production facilities of some companies, logistical hurdles…