The Georgian economy grew by 7.2% YoY in the first quarter of 2023 and by 7.3% in March, the latest data for the gross domestic product by the National Statistics Office of Georgia on Friday showed. The office said the estimated real growth compared to the same period of the previous year was observed in…
The 2022 year was one of the most difficult years for Moldova’s economy, as it was marked by an economic decline of 5.9% and a record inflation of 28.7%. These conclusions are contained in the publication “Tendinte in economia Moldovei” (Tendencies in Moldova’s Economy), unveiled by the National Institute of Economic Researches (INCE) on April…
Prozorro.Sale has fully completed the process of corporatisation. From now on, 100% of the shares in the newly created joint-stock company belong to the state, represented by the Ministry of Economy of Ukraine. The newly established joint-stock company Prozorro.Sale is the legal successor to all rights and obligations of the state-owned enterprise Prozorro.Sale. According to…
The Polish economy will continue to grow and inflation will gradually fall to a single-digit level towards the end of this year, deputy finance minister has said. Artur Sobon told a press briefing during the European Economic Congress in Katowice on April 25 that the economic slowdown was present throughout Europe this year. “However, all…
The Ukrainian authorities are actively working on a new economic strategy for the development of the country. This issue was discussed at a meeting held at the Ukrainian President’s Office. “We are actively working on a new economic strategy of Ukraine. This year is the year when our economic growth begins. We are gradually rebuilding…
Buying a flat or a house in the Georgian capital of Tbilisi became more expensive in the first quarter of the year, the latest Residential Property Price Index of the National Statistics Office of Georgia showed. Released on April 24, the Index pointed to a 9.3% increase in prices for flats and 11.6% for houses…
Poland’s industrial output fell by 2.9% YoY in March, the Central Statistical Office (GUS) reported on April 24. Month on month, industrial output increased by 14.1%. Economists polled by PAP expected March’s industrial production to fall by 1.8% YoY and to grow by 15.2% MoM. Manufacturing prices increased by 10.1% YoY in March, but fell…