The National Employment Agency (ANOFM) has offered more than 10,600 vacant jobs to citizens. According to the institution, 22% of the jobs are for people with higher and post-secondary education and 78% – for people with secondary vocational education and unqualified workers. At the same time, 87% of all vacant jobs are from the urban…
Philip Morris International (PMI) will spend over PLN 1 billion (EUR 214 million) on a new production plant for heated tobacco sticks to be located in Krakow, southern Poland, the firm’s CEO has announced. Michal Mierzejewski, president of PMI for north-east Europe, told a news conference on September 12 that since 1996 PMI had invested…
Last week, Deputy Minister of Finance of Ukraine Olga Zykova met with IFC’s Country Manager for Ukraine and Moldova Lisa Kaestner. The parties discussed the mechanisms for attracting private investments in Ukraine’s recovery as well as the priority areas of cooperation. Olga Zykova thanked IFC for the joint work on the implementation of initiatives to…
The Ukrainian Economy Ministry expects Ukraine’s gross domestic product to grow to 4% this year, First Deputy Prime Minister, Minister of Economy Yulia Svyrydenko has said at the YES 2023 Yalta European Strategy Forum. “We predict that the inflation rate will continue to slow in the coming years. All institutions are revising their GDP growth…
In August, average consumer prices decreased compared to the current July by about 0.1%, marking the further drop of the monthly inflation rate, recorded starting from June. The data were presented by the National Statistics Bureau (BNS) on September 11. Annual inflation in August, compared to August 2022, was 9.7%, down by 1.1% compared to…
Poland’s economy is predicted to grow by 0.5% in 2023 and by 2.7% in 2024, while headline inflation could hit 11.4% this year before easing to 6.1% next year, according to summer forecasts from the European Commission (EC). The new GDP growth forecast comes slightly below the EC’s May expectation of 0.7% for this year,…
The Ukrainian economy is being shaped in three dimensions: the wartime economy, the recovery economy and the economy of the future. This was stated by Prime Minister Denys Shmyhal in a statement at the Yalta European Strategy in Kyiv. “The wartime economy is working. The recovery economy has been successfully launched and is gaining momentum.…