Ukrainian President Volodymyr Zelensky has met with IMF Managing Director Kristalina Georgieva in Kyiv and thanked her for supporting Ukraine since the first days of Russia’s full-scale invasion. “The IMF’s support creates an opportunity for Ukraine to remain strong. It is also a weapon – an economic weapon that allows us, our society, and our…
Poland’s retail sales decreased in real terms by 0.3% YoY and by 23.1% MoM in January, the Central Statistical Office said on February 21. Economists polled by PAP expected January’s retail sales to grow in real terms by 0.8% YoY and to fall by 22.3% MoM. In current prices, retail sales increased by 15.1% YoY…
The Baku Stock Exchange held an auction on the placement of the Azerbaijani Finance Ministry’s public bonds worth 40 million manats ($23.5 million) with a circulation period of 728 days. As many as 26 investors submitted 50 bids in the price range from 91.2 manats or $53.6 (11%) to 95.4 manats or $56.1 (8.5%) during…
The vast majority of working-aged Ukrainian refugees in Poland have found work in the country, according to a survey commissioned by the Prime Minister’s Office. The survey, carried out by the EWL Migration Platform and Warsaw University’s Centre for Eastern Studies, found that 84% were now employed and that 27% of this group had managed…
It is too early for interest rate cuts now, though they may be possible at the end of the year, Poland’s central bank governor Adam Glapinski has said at the World Copernican Congress in Torun, northern Poland. “Right now it’s too early to discuss interest rate cuts. I would like this to be possible around…
Almost 6,500 unemployed people have been engaged in socially useful work as part of the Army of Recovery project, for which the state has already paid UAH 40 million. This was reported by Deputy Minister of Economy of Ukraine Tetiana Berezhna. “Since the beginning of this year, almost 3,000 unemployed people have been involved in…
Last week, entrepreneurs received loans worth UAH 448 million under the government program Affordable Loans at 5-7-9%. Since the start of the program (February 2020), banks have issued 54,600 loans worth UAH 171.7 billion to businesses. Most entrepreneurs have borrowed finance under anti-crisis loans – UAH 62 billion, and UAH 28.6 billion – to refinance…