The Georgian technology startup is seeing an ecosystem emerge for the field in the country, however it needs “growth, refinement and adaptation”, a new report by the Asian Development Bank shows. The report from the bank, a social development organisation with focus on Asia and the Pacific, is entitled “Georgia’s Emerging Ecosystem for Technology Startups”…
Mateusz Morawiecki, the Polish prime minister, on March 8 announced a broad-scale financial support programme for women starting up businesses. Morawiecki told the Polish Woman of the 21st Century conference in Warsaw that the scheme would be funded by PLN 1 billion (EUR 213 million) annually. He added that more details about the programme would…
Inflation in Poland will gradually decrease by several percentage points this year from its recent level of 17.2%, the Monetary Policy Council (RPP) has said in a statement after its rate decision. The RPP kept all the interest rates unchanged for the sixth time in a row on March 8, with the reference rate remaining…
The diversification of markets, enhancement of orchards’ productivity, through the intensive cultivation and use of irrigation systems, accessing of national programmes or on subsidization on behalf of the state have been discussed at a meeting between Prime Minister Dorin Recean and business people from the northern Briceni district, the government’s communication and protocol department reports.…
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…
Future plans, including the possibility of starting the construction of the Kempinski hotel in Georgia, were discussed on March 7 by Georgian Prime Minister Irakli Garibashvili and Bernold Schroeder, the Chief Executive Officer of the Kempinski Group. At the meeting as part of his official visit to Germany, Garibashvili emphasised the investment opportunities and “favourable”…
Ukraine’s State Property Fund has already held 81 privatization auctions this year and attracted UAH 1 billion from private investors. Some 65% of the funds have already been transferred to the state budget. “The first billion hryvnias is a signal to businessmen that our country, despite the war, is an attractive place for investment. New…