Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 62,598 loans from authorised banks totalling UAH 201.45 billion, of which 41,517 from public sector banks totalling UAH 87.63 billion (as of 29.05.2023). Over the past week, 606 concessional loans totalling UAH 2.8 billion were issued under the programme, including…
In 2022, Poland belonged to a group of five EU countries where unemployment in the 15-29 age group was below 4%, Eurostat, the statistical office of the European Union, reported. Last year, a total of 4.48 million young people aged 15 to 29 were unemployed in the EU. This is 6.3% of the total population…
On May 25, during the Constituency Meetings of the IMF and the World Bank in Montenegro, Minister of Finance of Ukraine Sergii Marchenko met with Director of the European Department of the International Monetary Fund (IMF) Alfred Kammer, as part of a working visit to Montenegro. The meeting was also attended by Deputy Minister of…
Georgian Economy Minister Levan Davitashvili on May 26 congratulated citizens with Independence Day by saying “true independence” could only be achieved through ensuring a strong economic basis for the state. Davitashvili highlighted the importance of the date and said he wished the nation “true freedom and prosperity” alongside “formal and legal independence”. “Much remains to…
On May 26, the Parliament approved several legislative norms for the development of remote businesses. One of the most important provisions is the completion of notarial documents remotely, electronically. Thus, it will be possible to establish the identity and capacity of individuals, read notarial documents and establish consent without physical interaction between the parties and…
The Cabinet of Ministers of Ukraine is allocating UAH 588 million for the budgets in the Dnipropetrovsk, Donetsk, Zaporizhzhia, Kyiv, Odesa, Poltava and Kharkiv regions to implement reconstruction projects this year. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal at a meeting of the Ukrainian government. “Today we have endorsed a decision…
Archil Mestvirishvili, the Acting President and Vice President of the National Bank of Georgia, on May 24 said evaluations of Georgia’s investment environment by international rating agencies boosted investors’ and foreign organisations’ confidence in the domestic economy. Mestvirishvili said the ratings had a positive impact on the country’s business environment, and added the rankings for…