Possibilities to get preferential credits for the agricultural sector in 2023 to increase food security and improve productivity were discussed by leadership of the Ministry of Agriculture and Food Industry (MAIA) and representatives of financial institutions in the country and farmers. They considered the options for postponing payments on loans granted to agricultural producers, especially…
Support for Ukraine’s energy sector from international partners has reached almost $1.5 billion. Prime Minister Denys Shmyhal said this in a post on Facebook, summing up the results of the past week. “Assistance to the energy sector from partners is gaining momentum. We have almost $1.5 billion in declared support. Additional equipment is arriving every…
Poland’s unemployment rate remained unchanged MoM at 5.1% in November, the Central Statistical Office (GUS) reported. Economists polled by PAP expected a 5.2% unemployment figure in November. The number of registered unemployed measured 800,200 in November against 796,000 in October, GUS also said. Earlier, the Family and Social Policy Ministry estimated November’s unemployment at 5.1%.…
Most employees in Lithuania do not expect their salaries to increase next year or increase less than inflation, according to a survey by Baltijos Tyrimai commissioned by LRT. More than a third (36%) of those working in Lithuania do not expect their salaries to rise next year, the survey shows. Almost three in ten (28%)…
The draft law on the state budget for 2023 was voted in the second reading on December 22. In 2023, the state budget revenues will amount to 64.9 billion lei, up by 9.3% YoY and the expenses will stand at 83.2 billion lei, up by 12.5%. The state budget deficit of 18.3 billion lei will…
A bill is being prepared in Poland aimed to provide for reinsurance of risks of enterprises with Polish capital registered in Ukraine in the areas of contracts and investments. Reinsurance will be provided by a Polish state Insurance Corporation (KUKE) for a long-term period (2 years or more). It is also planned to introduce reinsurance…
Poland’s GDP will increase by 1.5% in 2023 while annual average inflation will stand at around 12%, the development and technology minister has said. Minister Waldemar Buda said that he was optimistic about a GDP growth in 2023 and that he believed it would amount to 1.5%. “Analyses speak about values ranging from 0.5% to…