Businesses are reported to have moderated their negative expectations regarding the dynamics of production volumes for the next 12 months, a survey run among top managers by the National Bank in Q4 2022 shows. “Businesses have slightly softened their negative expectations regarding the dynamics of the volume of production of goods and services in Ukraine…
Exports of goods to the European Union countries in January-November 2022 amounted to $2354 million, up by 36.2% YoY. They have a share of 59.1% in total exports, down by 2.2%. According to the National Statistics Bureau (BNS), exports of goods to the CIS countries had a value of $929.3 million dollars, up 2.2-fold. The…
Seven entrepreneurs will access grants worth up to 2 million lei (100,000 euros) on behalf of the state for the promotion of products and services on foreign markets. The businesses were selected for financing within the Programme on Enhancement of Competitiveness of Small- and Medium-sized Enterprises (SMEs) and their Internationalization. The contracts on non-refundable financing…
Georgia received $535.3 million from abroad in December 2022, up by 133.2% YoY, the National Bank of Georgia said on January 16. Russia ($317.31 million), Italy ($43.20 million) and the United States ($34.30 million) were the largest remittance senders last month. Overall, the vast majority (98.2%) of all money transfers from abroad came from 24…
Taiwan has plans to work with Lithuania in the area of cyber security, says Taiwan’s Minister of Digital Affairs Audrey Tang, who visited Lithuania last week. In her words, Taiwan’s National Institute of Cyber Security may decide on investing in Lithuania’s cyber security as early as this week. “As the chair of the board, I…
Poland’s core inflation, which excluded the prices of food and energy, measured 11.5% YoY in December 2022, up from 11.4% in November 2022, the National Bank of Poland (NBP) said on January 16. Inflation excluding fixed prices amounted to 17.1% YoY in December 2022, down from 18.1% in the previous month. Inflation excluding the most…
On January 9-15, the Customs Service collected over 446.4 million lei (about 22.3 million euros) to the state budget. According to the institution, private people brought goods with the customs value exceeding the non-taxable limit, and payments amounting to over 8.3 million lei were collected, which represented 1.9% of the total amount. Also, during the…