Georgian external trade turnover amounted to $6.49 billion in January-April, up by 21.9% YoY, the Georgian National Statistics Office revealed on May 15. The value of exports rose by 23.5% and equalled $1.96 billion, while imports grew by 21.2%, amounting to $4.53 billion in the first four months of 2023. Trade deficit reached $2.57 billion,…
Speaking at the Law and Justice (PiS) party convention in Warsaw, party President Jaroslaw Kaczynski said that “we hope for low inflation in the new year, so this new financial injection will no longer threaten a return to inflationary tendencies – we have taken this into account.” “The Law and Justice Hive Programme” convention was…
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…