The Baku Stock Exchange held an auction on the placement of the Azerbaijani Finance Ministry’s public bonds worth 40 million manats ($23.5 million) with a circulation period of 728 days. As many as 26 investors submitted 50 bids in the price range from 91.2 manats or $53.6 (11%) to 95.4 manats or $56.1 (8.5%) during…
The vast majority of working-aged Ukrainian refugees in Poland have found work in the country, according to a survey commissioned by the Prime Minister’s Office. The survey, carried out by the EWL Migration Platform and Warsaw University’s Centre for Eastern Studies, found that 84% were now employed and that 27% of this group had managed…
It is too early for interest rate cuts now, though they may be possible at the end of the year, Poland’s central bank governor Adam Glapinski has said at the World Copernican Congress in Torun, northern Poland. “Right now it’s too early to discuss interest rate cuts. I would like this to be possible around…
Almost 6,500 unemployed people have been engaged in socially useful work as part of the Army of Recovery project, for which the state has already paid UAH 40 million. This was reported by Deputy Minister of Economy of Ukraine Tetiana Berezhna. “Since the beginning of this year, almost 3,000 unemployed people have been involved in…
Last week, entrepreneurs received loans worth UAH 448 million under the government program Affordable Loans at 5-7-9%. Since the start of the program (February 2020), banks have issued 54,600 loans worth UAH 171.7 billion to businesses. Most entrepreneurs have borrowed finance under anti-crisis loans – UAH 62 billion, and UAH 28.6 billion – to refinance…
The EU became the main trade partner of Azerbaijan in 2022, Peter Michalko, EU Ambassador to Azerbaijan, wrote on his Facebook page. “Just got the latest statistics: 52% of Azerbaijani foreign trade was with the EU, 65.6% of exports went to the EU market. The highest level ever,” the ambassador said. Meanwhile, the trade turnover…
Poland’s industrial output rose by 2.6% YoY in January, the Central Statistical Office (GUS) reported on February 20. Month on month, industrial output decreased by 2.5%. Economists polled by PAP expected January’s industrial production to grow by 4.1% YoY and to drop by 0.3% MoM. Manufacturing prices increased by 18.5% YoY in January and by…