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…
Georgian external trade turnover amounted to $6.49 billion in January-April, up by 21.9% YoY, the Georgian National Statistics Office revealed on May 15. The value of exports rose by 23.5% and equalled $1.96 billion, while imports grew by 21.2%, amounting to $4.53 billion in the first four months of 2023. Trade deficit reached $2.57 billion,…
Speaking at the Law and Justice (PiS) party convention in Warsaw, party President Jaroslaw Kaczynski said that “we hope for low inflation in the new year, so this new financial injection will no longer threaten a return to inflationary tendencies – we have taken this into account.” “The Law and Justice Hive Programme” convention was…
Russian invaders have seized all enterprises in the occupied part of the Zaporizhzhia region, and 90% of them are not operating, Melitopol Mayor Ivan Fedorov has said. “Some 90% of enterprises in the occupied territories are not operating. Only a few enterprises captured by the enemy are operating, where the enemy has placed repair bases…