Poland booked a EUR 2.9-billion trade surplus in January-March, the Polish Economic Institute (PIE) said on May 18 citing data from the Central Statistical Office (GUS). PIE wrote that the surplus was partly due to a nearly 16% rise in export prices and an only 11% rise in import prices. The institute noted that export…
Poland’s GDP growth should average 0.6% in 2023, the Polish Economic Institute (PIE), a government-affiliated economic think-tank, reported on May 17. In a commentary to GDP growth data provided by the Central Statistical Office (GUS), PIE wrote that the growth rate was expected to pick up in the second half of the year, mainly owing…
Georgia’s export promotion agency Enterprise Georgia promoted “advantages” of the country’s business climate with prospective investors at the Annual Investment Meeting in Abu Dhabi last week, Director Mikheil Khidureli has said. Meeting potential investors in energy, agriculture, production, hotels and real estate, the agency sat down with about 20 companies from Persian Gulf countries, Khidureli…
The issues of involving South Korean companies in the reconstruction of Ukraine, investment prospects and transformation of the Ukrainian economy in the context of the country’s recovery were discussed by the First Deputy Prime Minister of Ukraine, Minister of Economy of Ukraine Yuliia Svyrydenko with representatives of South Korean business circles during the round table…
The European Bank for Reconstruction and Development expects the economic growth in Georgia to moderate to 5% in 2023 and 5.3% in 2024. The Bank’s Regional Economic Prospects forecast, published on May 16, said growth prospects remained “clouded by high geopolitical risks”, but a “potential start of the EU accession process in the coming years…
The inflation is on a firm downward trend in Moldova, dropping from 34.6% in November 2022 to 18.1% in late April. The information was presented by Governor of the National Bank of Moldova (BNM) Octavian Armasu, who made public the inflation report. “This is the result of the monitory policy measures of BNM, which allowed…
Poland’s current account surplus rose to EUR 1.64 billion at the end of March, against a surplus of EUR 1.41 billion recorded at the end of February, according to central bank figures released on May 15. Market analysts surveyed by PAP offered median forecast for a EUR 2.13-billion surplus. Poland recorded a EUR 608-million surplus…