Poland’s Gross Domestic Product (GDP) decreased by 0.5% YoY in the second quarter of 2023, the Central Statistical Office (GUS) reported. Compared to the previous quarter, the economy fell by 3.7%, GUS said in a flash estimate. Poland’s economy contracted by 0.3% in the first quarter of 2023, after a 2.3% growth in the fourth…
On August 15, the Government adopted a resolution on changes to the mechanism of customs clearance of goods subject to licensing under the Free Trade Agreement between Ukraine and the Republic of North Macedonia. “Thanks to the adopted document, we are fully implementing the updated Free Trade Agreement between Ukraine and North Macedonia, which was…
The number of Asians working in economic sectors previously dominated by Poles and Ukrainians is increasing every month, according to the newspaper Rzeczpospolita. Asian workers, from countries such as the Philippines and Indonesia, are becoming common-place in the manufacturing, hospitality and construction sectors, the paper writes. They are taking the place, it appears, of Ukrainians…
In January-June, exports of goods from Ukraine amounted to $19.4 billion, or 85.7% of last year’s figure, the State Statistics Service reported. “In the first half of 2023, the export of goods amounted to $19,406.9 million, or 85.7% against the first half of 2022, and imports – to $30,447.3 million, or 120.7%,” the report says.…
Prices of consumer goods and services (Consumer Price Index, CPI) rose by 10.8% YoY and were down by 0.2% MoM in July, the Central Statistical Office (GUS) reported on August 14. GUS confirmed its figures reported earlier in a flash CPI estimate. In June, the prices of consumer goods and services increased by 11.5% YoY…
China has included Bulgaria in the group of countries to which organized tourist groups have the right to travel, the Chinese Ministry of Culture and Tourism has announces. The decision comes into effect immediately, writes Reuters. The restrictions were put in place because of the COVID-19 pandemic, during which China closed its doors to foreigners…
Result of surveys among Baltic residents show that only 7% of people in Latvia invest in the stock market, whereas in Estonia this number goes up to 16%. What are the main reasons for Latvian residents’ reluctance to engage in the stock market and why do people in Estonia seem more financially literate in this…