The Government continues to support businesses through soft credit programs, Prime Minister Denys Shmyhal has said. During a meeting, the Cabinet of Ministers has approved a resolution facilitating the attraction of up to UAH 60 million in preferential loans by enterprises that lost their production facilities due to the war. “We are talking about facilities…
Poland’s current account deficit rose to EUR 3.97 billion at the end of August, against a revised deficit of EUR 1.89 billion recorded at the end of July, according to central bank figures released on October 14. Market analysts expected the deficit to amount to between EUR 0.22 billion and EUR 2.1 billion with the…
Current and future projects funded in Georgia by the European Bank for Reconstruction and Development were discussed during a meeting between the Georgian finance minister Lasha Khutsishvili and Jurgen Rigterink, the first vice president of EBRD. Khutsishvili thanked Rigterink for the support provided by the EBRD to Georgia on its “path of European aspirations”. The…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 17.2% YoY and by 1.6% MoM in September, the Central Statistical Office (GUS) reported. The figures are in line with the flash estimate published by GUS on September 30. In August, the prices of consumer goods and services increased by 16.1% YoY and…
The Republic of Moldova will receive about 25.5 million euros from Romania to start the implementation of projects in strategic areas, such as education and the improvement of public utility services. The decision was taken based on the requests of the authorities in Chisinau and the proposals set by the ministries at the meeting of…
The Ukrainian Finance Ministry and the International Monetary Fund (IMF) have discussed the possibility of launching a new loan program to ensure the priority expenditures of Ukraine’s state budget for 2023. The relevant statement was made by the Ukrainian Finance Ministry, following a meeting between the Finance Minister Sergii Marchenko and the IMF’s representatives. “In…
Lithuania’s budget for 2023 was planned with 3% of GDP allocated to defence spending. However, the plans had to be adjusted due to the energy crisis, Defence Minister Arvydas Anusauskas said on October 13. “We had plans for 3%. That plan has not disappeared anywhere, but after that plan was drawn up, the energy crisis…