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…
Polish retail sales grew by 11.2% YoY in May after a 21.1% increase in April, Eurostat, the EU’s statistics agency, reported on July 6. Month on month, retail sales went down by 0.8%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data…
Prime Minister of Ukraine Denys Shmyhal met with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on the sidelines of the Ukraine Recovery Conference in Lugano. “On the sidelines of the Ukraine Recovery Conference, a meeting was held with President of the European Bank for Reconstruction and Development Odile Renaud-Basso. We…
The first batch of EU macro-financial assistance within the framework of the new program for Ukraine will be provided immediately after the ratification by the European Parliament and national parliaments, as expected, before the summer vacations. “On the part of the EU, we are preparing a macro-financial assistance program. The first batch – worth 1…
The revenues in the National Public Budget, managed by the State Fiscal Service (SFS), amounted to 27 billion lei (1.35 billion euros) in the first six months of this year, up by 19.6% YoY. According to SFS, 12.1 billion lei were collected in the state budget in 2022, up by 26.3%. “Revenues worth about 2.9…
Inflation and high prices are currently the most important challenges facing the Polish government, its spokesperson has admitted. Piotr Mueller said that “these problems are primarily caused by the situation on the energy market and, to a lesser extent, on the food market”. He also added that it was difficult to predict when inflation would…
Lithuania is ready to continue and step up its expert support to Ukraine, Prime Minister Ingrida Simonyte has said. “It is necessary to use this moment of mobilisation and political will for the decisive implementation of reforms, and Lithuania is ready to continue and strengthen the expert support it is already providing,” she said in…