Seventeen units of insignificant amounts of individual state aid were issued in Georgia in 2022 for a total amount exceeding GEL 30 million ($11.63 million), the National Competition Agency of Georgia announced on March 14. The body made the report as part of its annual statistical update on the types of aid that involved granting…
More Polish firms plan to hire more staff than fire in the second quarter of this year, according to a survey published on March 14. In its report the ManpowerGroup HR also wrote that the majority of firms expected to make no changes to the number of their employees. It found that 28% of firms…
Director of the European Department at the International Monetary Fund (IMF) Alfred Kammer says that there is possibility for Moldova to get out of the current crisis earlier than the rest of Europe. In his statements made at the end of his three-day visit to Chisinau, the official noted that Moldova had been hit by…
Representatives of the Ukrainian tourism industry paid UAH 1.551 billion in taxes, down by almost 31% YoY, when the budget received UAH 2.231 billion, the press service of the State Tourism Development Agency reported. “Despite the war, the tourism industry of Ukraine is working, but it needs support from Ukrainians more than ever. By paying…
Global ratings agency Fitch has downgraded Poland’s GDP growth forecast for this year to 0.7% from 1.1% expected earlier. In its latest forecast, published on March 13, Fitch maintained its earlier prediction of a 2.6% economic growth in 2024. “With the energy crisis in Europe less severe than expected and energy commodity prices falling significantly,…
The Ministry of Agriculture and Food Industry (MAIA) has announced the launch of the call for applications for advance subsidy requests for investment projects on land improvement works and soil protection. Applications can be submitted until April 21. Landholders can obtain support from the state for the following measures: preventing and combating soil erosion; chemical…
Georgian external trade turnover amounted to $2.89 billion in January-February, up by 12.3% YoY, the Georgian National Statistics Office revealed on March 13. The value of exports rose by 20.3% and equalled $914.7 million, while imports grew by 9%, amounting to $1.98 billion in the reporting period. Trade deficit, a measure of the negative balance…