Georgia’s tourism potential has been promoted at Balttour 2023, one of the largest trade fair exhibitions in Latvia’s capital city of Riga, with the involvement of the country’s national tourism bodies and 11 companies, the Georgian National Tourism Administration reports. An exhibition stand introducing Georgia’s tourism attractions to the visitors and companies of the fair…
The value of Polish exports to Russia fell by almost 40% YoY from January to November 2002, analysts from the Polish Economic Institute (PIE) said. In a PIE report on the economy, experts added that the decline in exports had occurred despite a general increase in the total value of Polish exports and prices. PIE…
Seven buildings and two parks have been renovated in the western city of Terjola in Georgia’s Imereti region under the Government’s Renewed Regions programme. The project has also involved the rehabilitation of the central Rustaveli Street in the city. The infrastructure efforts have also seen public infrastructure updates in other cities of the region –…
Adam Glapinski, head of the National Bank of Poland (NBP), has said that the country’s interest rates are now at an adequate level following a series of rate hikes. The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, decided to keep the reference interest rate at 6.75% on February 8. “According to our…
Poland’s average corporate gross wage rose by 12.3% YoY, to PLN 6,733.49 (EUR 1,433) in the fourth quarter of 2022, the Central Statistical Office (GUS) said on February 9. In quarterly terms, the average wage went up by 3.9%. (PAP/Business World Magazine)
The European Union will transfer EUR 20.87 million to support the implementation of “key reforms” in various sectors of the Georgian economy, from economic and business development to rural advances and food safety, the EU Delegation to Georgia has announced. Supporting development of skills and a reform of the labour market and contributing to regional…
Despite the war, Ukraine managed to increase exports to the EU, which amounted to $27.9 billion in 2022. This was achieved thanks to trade liberalization, in particular, the removal by the EU of quotas and duties for Ukrainian products, as well as of road transport permits, for the period of martial law in Ukraine. This…