The European Bank for Reconstruction and Development (EBRD), backed by the European Union, provides a loan worth 5 million euros to a commercial bank of Moldova for strengthening the capacities of financing the small- and medium-sized enterprises (SMEs). The package of financing was signed by EBRD President Odile Renaud-Basso and the president of the Moldovan…
Poland’s public debt in relation to GDP continues on downward trend, Prime Minister Mateusz Morawiecki has announced. On July 26, Morawiecki published Eurostat data on the Polish debt-to-GDP ratio on social media. According the EU statistical office, in the first quarter of 2022 Polish public debt reached 51.9% of GDP, in the fourth quarter of…
The Government has allocated a further UAH 3.5 billion from the Fund for Elimination of the Consequences of Armed Aggression to the communities of Kyiv, Zaporizhzhia, Mykolaiv, Odesa, Sumy, Chernihiv, Kharkiv and Kherson regions. This was announced by Prime Minister Denys Shmyhal. According to the Head of Government, the money will be used to rebuild…
Poland’s unemployment rate fell by 0.1% MoM in June, to 5 %, the Central Statistical Office (GUS) reported on July 25. The number of registered unemployed measured 783,500 in June against 802,300 in May, GUS said. Earlier, the Family and Social Policy Ministry also estimated June’s unemployment rate at 5%. Economists polled by PAP expected…
Last week, 486 entrepreneurs received loans totalling UAH 1.8 billion under the Government’s Affordable Loans at 5-7-9% programme. Since the beginning of 2023, banks have granted 14,000 loans worth UAH 50 billion to businesses. Since the start of the programme in February 2020, 67,400 loans worth UAH 217.5 billion have been disbursed. Most of the…
On July 17-23, the Customs Service collected over 700.6 million lei (about 35 million euros) to the state budget. Private people brought goods with customs value exceeding the non-taxable limit, and payments of over 25.2 million lei were collected, which represented 3.6% of the total amount. The money collected from taxpayers is paid directly into…
On July 20, Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, met with a World Bank delegation led by Antonella Bassani, Vice President for Europe and Central Asia. The Ministry of Economy and the World Bank are stepping up their cooperation to mobilise funding from donors and international financial institutions for…