Russian invaders have seized all enterprises in the occupied part of the Zaporizhzhia region, and 90% of them are not operating, Melitopol Mayor Ivan Fedorov has said. “Some 90% of enterprises in the occupied territories are not operating. Only a few enterprises captured by the enemy are operating, where the enemy has placed repair bases…
On May 11, Ukraine received financing from the World Bank in the amount of $132 million. The loan funds were transferred to the general fund of the State Budget of Ukraine as a result of the implementation of measures provided within the framework of the Acceleration of Private Investments in the Agriculture of Ukraine Program.…
The basic rate applied at the principal short-term monetary policy operations was established at 10% annually, against 14% earlier. The executive committee of the National Bank of Moldova (BNM) took a decision to this effect on May 11. At the same time, the rates of interest on the overnight loans were set at 12% annually…
Poland’s core inflation will likely decline in the coming months and quarters and would certainly start decreasing in H2, the governor of the National Bank of Poland (NBP) has said. Adam Glapinski held a press conference on May 11 following the NBP’s Monetary Policy Council’s May 10 decision to keep all interest rates unchanged for…
In the second half of 2022, the situation in the labor market improved, which allowed for adjusting the unemployment rate from 25.8% to 21.1%, the National Bank’s press service said on Facebook. “Based on surveys, the National Bank of Ukraine clarified the level of unemployment in 2022. Alternative estimates of the labor market confirmed not…
The visions on Moldova’s integration into the international electronic industry, as well as the global tendencies for developing the sector have been presented at the second edition of the Electronic Forum in Moldova. Attending the opening of the event was Prime Minister Dorin Recean. The participants in the forum also announced the launch of an…
Poland’s central bank (NBP)’s rate-setting Monetary Policy Council (RPP) decided to leave the reference interest rate at 6.75% for the eighth consecutive month on May 10 arguing that a series of external and internal factors should bring inflation down. “The Council assessed that the weakening of the external economic conditions, together with a decline in…