Despite the war and continuous Russian attacks on critical infrastructure objects, Ukraine’s economy began to recover in early 2023. With some upside risk, Ukraine’s GDP may increase by 1-3% at the end of the year. The relevant statement was made by the International Monetary Fund (IMF) in the Regional Economic Outlook, published on November 8.…
The Danish government has approved a new EUR 40-million aid package for Ukraine, with a focus on the city of Mykolaiv and the Mykolaiv region. Mykolaiv Mayor Oleksandr Sienkevych said this in a post on the Telegram messaging app. “Today, Ministers Oleksandr Kubrakov and Dan Jorgensen held the third meeting of the steering committee on…
Poland recorded a 5% unemployment rate in October, which was in line with expectations, the Ministry of Family and Social Policy said. The registered unemployment rate in Poland in October was 5%, unchanged compared to September, according to preliminary data from the ministry. “The following months may bring a slight increase in unemployment, resulting from…
Coface Baltics risk management company reports on its subsidiary’s annual study of the economic situation in Central and Eastern European (CAE) region. 40 Baltic businesses are included in the Top 500 rating: five from Latvia, 13 from Estonia and 22 from Lithuania. This year marks 15 years since the start of the annual Top 500…
The opportunities of financing and the additional benefits provided through the 373 Programme on support of entrepreneurs, as well as the success stories of the first 100 business people from Moldova, were unveiled at an event with the participation of Prime Minister Dorin Recean, Digitalization and Economic Development Ministry Dumitru Alaiba and the director of…
Mateusz Morawiecki, the Polish prime minister, has praised the economic policy of the incumbent Law and Justice (PiS) government and said that PiS is leaving the public finances in very good condition. The results of Poland’s October 15 parliamentary elections indicate the new government may be formed by three former opposition parties. In an interview…
Government borrowings to the state budget’s general fund came to UAH 1.34 trillion in January-October, a report published on the Finance Ministry’s website said. “Actual state borrowings to the state budget’s general fund in January-October amounted to UAH 1,341.4 billion, or 86.3% of the plan for this period. From the placement of government bonds, UAH…