In the assumptions for next year’s budget, the Polish government forecasts unemployment to grow by 1%, the minister for family and social policy has said. Marlena Malag was asked on public radio on September 7 whether unemployment would remain at its current level. On September 6, she said August’s jobless rate stood at 4.9%, the…
In August, Ukraine’s international reserves increased by 13.6%, to $25.436 billion. “As of September 1, Ukraine’s international reserves amounted to $25,436.0 million according to preliminary data. In August, they increased by 13.6% due to the receipt of a significant amount of international aid amid the country’s moderate debt payments in foreign currency and less NBU’s…
The initial Labour Ministry reading showed that the rate of unemployment was at 4.9% in August, unchanged from the previous month, Marlena Malag, the minister of labour, said. If the rate is confirmed by the country’s stats office, it would mean that unemployment has remained the same for three months. “In August, the level of…
Since August, small and medium-sized enterprises can benefit from non-refundable financial support worth up to 2 million lei (about 100 thousand euros) from the Organization for Entrepreneurship Development (ODA). According to the government’s communication and protocol department, the money is given to replace equipment and reduce production costs, so that companies can become more competitive…
Levan Davitashvili, the Georgian Minister of Economy and Sustainable Development, and Zurab Pololikashvili, the Secretary General of the United Nations World Tourism Organisation, have praised the dynamics of the recovery of the Georgian tourism sector to the pre-pandemic period, noting tourism income of the country as the highest in the South Caucasus region. At a…
Polish retail sales went up by 7.6% YoY in July after a 7.9% increase in June, Eurostat, the EU’s statistics agency, reported on September 5. Month on month, retail sales went up by 1.5%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat…
The exchange programme of the Ukrainian national currency, the hryvnia, for Polish zlotys, launched by the National Bank of Poland (NBP) in cooperation with the National Bank of Ukraine, ends on September 9, the central bank has reported. Ukrainians who fled to Poland initially had trouble exchanging money with exchange offices either not accepting the…