As many as 94% of Polish companies have felt the negative effects of Russia’s war in Ukraine, a government think-tank has reported. According to a research carried out by the Polish Economic Institute (PIE), on July 1, 94% of Polish companies felt a “stronger or weaker” impact of the war in Ukraine on at least…
Economics Minister Sergiu Gaibu and World Bank Country Manager for Moldova Inguna Dobraja have signed an agreement, which provides for the financing for the project on Competitiveness of the Micro-, Small- and Medium-sized Enterprises (IMMM) worth $50 million. The project on the competitiveness of IMMM will support the access to financing for enterprises through loan…
Latvia’s Ministry of Economics predicts the national economy will increase by an average of 4.2% a year between 2022 and 2030. Between 2031 and 2040 the average growth of the national economy is expected to reach 3% annually, according to the ministry’s report on the labour market’s medium and long-term outlooks. The report explains that…
According to data provided by Statistics Estonia, the consumer price index (CPI) increased by 2.7% between May and June and by 21.9% compared with June 2021. Both goods and services were more expensive this June than during the same month last year, with a rise of 17.9% and 29.7% respectively. Viktoria Trasanov, leading analyst at…
Ireland can become one of the leaders in the future process of restoration of Ukraine. This was emphasized by the Prime Minister of Ukraine Denys Shmyhal during his meeting in Kyiv with the Prime Minister of Ireland Micheal Martin. The Head of the Ukrainian Government thanked the Irish partners for joining the joint declaration, which…
Poland’s estimated unemployment rate in June stood at 4.9% against 5.1% in May, a deputy family and social policy minister said on July 6. “We have one of the lowest unemployment rates in Europe, at 4.9%,” Stanislaw Szwed said. Economists polled by PAP expected the unemployment rate to drop to 5%. Close to 819,700 unemployed…
Georgia’s Economy Minister Levan Davitashvili said he expected the private sector to be “very active” and invest at least GEL 500 million (about $170 million or EUR 166 million) in rehabilitation project for western Georgia’s Soviet-era Tskaltubo resort. Davitashvili said the project would create at least 3,200 jobs directly – both during the construction and…