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Tag Archives: economy

Ukraine: United States provides $14 billion in budget support

UkraineBy admin2023-03-13Leave a comment

Since the beginning of Russia’s full-scale invasion, the United States has provided Ukraine with over $14 billion in financial aid. “Since the beginning of the full-scale invasion, the United States has provided Ukraine with more than $14 billion in financial aid,” the press service of the Ministry of Finance of Ukraine informs. The Ministry of…

Baltic States: countries planning space cooperation

BalticsBy admin2023-03-13Leave a comment

Representatives of all three Baltic States met in Tallinn to discuss Baltic space cooperation. All three countries are in full cooperation with the European Space Agency (ESA) and contribute to its programs, but say that in a rapidly developing field, joint projects in space tech and business would benefit all players. Paul Liias, head of…

Moldova: new deregulation package to save 50 million lei annually

MoldovaBy admin2023-03-13Leave a comment

The new deregulation package, approved by the Government at the initiative of the Ministry of Economic Development and Digitalization and which brings significant changes in areas such as digitalization, labor relations and state control of entrepreneurial activity will allow saving about 50 million lei annually (2.5 million euros). Deputy Prime Minister Dumitru Alaiba, Minister of…

Poland: Central bank sees 2023 inflation at 11.9%

PolandBy admin2023-03-13Leave a comment

The average inflation rate in Poland will reach 11.9% this year, 5.7% in 2024 and 3.5% in 2025, the National Bank of Poland has said in a forecast. “Over the projection horizon, CPI inflation will decline as factors currently boosting its level subside,” the NBP said in its March 2023 inflation report published on March…

Georgia: PM and founder of Emaar Properties and Eagle Hills review projects

GeorgiaBy admin2023-03-13Leave a comment

The specific projects were reviewed on March 9 by Georgian Prime Minister Irakli Garibashvili and Mohamed Alabbar, the founder of Emaar Properties and Chair of Eagle Hills, as well as Ahmed bin Ali Al Sayegh, the State Minister in the United Arab Emirates. The favourable business environment in Georgia and the “great potential” of the…

Ukraine: Finance Minister holds online meeting with Norway colleague

UkraineBy admin2023-03-13Leave a comment

On March 9, Minister of Finance of Ukraine Sergii Marchenko and Minister of Finance of Norway Trygve Slagsvold Vedum held an online meeting during which they discussed the current financial situation in Ukraine and the importance of external financial support. The meeting was also attended by Deputy Minister of Finance of Ukraine Olga Zykova and…

Poland: Monetary council keeps interest rates unchanged

PolandBy admin2023-03-10Leave a comment

The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, has kept the reference interest rate at 6.75%. The National Bank of Poland’s Lombard rate remained at 7.25%, the rediscount rate at 6.80% and the discount rate at 6.85%, the RPP announced after its sitting on March 8. The RPP also left the deposit…

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