Galt & Taggart, a Georgia-based company for investment banking and management services, has forecast the country’s tourism revenues to increase by 15% YoY and reach $4 billion in 2023 in its Tourism Market Watch update released on January 25. The release said Georgia’s tourism revenues stood at $363.3 million in December 2022, up 2.9-fold YoY…
Reconstruction of Ukraine should affect all sectors of the economy at once – from transport, social and housing infrastructure to deep economic modernization and ensuring a favorable microclimate for business. The Government of Ukraine has approved a National Economic Strategy until 2030, which is to be implemented, among other things, with ongoing international support. This…
Prime Minister Natalia Gavrilita has participated in an event dedicated to the marking of five years of work of the Investors’ Association from Romania (AIR). In her speech, the PM stressed the role of Romanian entrepreneurs in the deepening of the bilateral commercial relations on the two banks of the Prut River, as AIR was…
Poland’s unemployment rate went up to 5.2% in December 2022 from 5.1% in November 2022, the Central Statistical Office (GUS) reported on January 25. Economists polled by PAP expected a 5.2% unemployment figure in December 2022. The number of registered unemployed measured 812,300 in December 2022 against 800,200 in November 2022, GUS also said. Earlier,…
Speaker Igor Grosu had a meeting with Marshal of the Senate of the Republic of Poland Tomasz Grodzki, who was on an official visit to Chisinau, together with a group of Polish senators, the parliament’s communication and public relations department reported. The discussion focused on many issues, including the security situation in the region, the…
The Cabinet of Ministers has regularized working conditions for foreigners and stateless persons in Ukraine by approving sample documents required to obtain or extend validity of relevant permits. The same decision, adopted at a Government meeting on January 24, regulates and brings in line with the applicable legislation the rules for employment of gig specialists…
In 2022, every tenth entrepreneur from the Republic of Moldova received support from the state through the Organization for Entrepreneurship Development (ODA), and the volume of financing granted in the form of grants, financial guarantees or subsidies was about 720 million lei, ODA director Dumitru Pintea reported. “Thus, in 2022, 1375 enterprises were supported through…