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Tag Archives: economy

Poland: average corporate wage up in February 2023

PolandBy admin2023-03-22Leave a comment

Poland’s average corporate gross monthly wage rose by 13.6% YoY, to PLN 7,065.56 (EUR 1,501) in February, the Central Statistical Office (GUS) reported. In monthly terms, the average wage went up by 0.6%. Economists polled by PAP expected a 12% annual increase in the corporate wage in February and a 1.1% rise from January. February’s…

Ukraine: government allocates UAH 518 billion for defense

UkraineBy admin2023-03-21Leave a comment

Last week, the Government of Ukraine allocated UAH 518 billion for defense and endorsed the action plan for 2023. “The Government has approved the draft law, which provides an additional UAH 518 billion for security and defense. These funds will be used primarily for payments to the military, the purchase of equipment. The reserve fund…

Moldova: authorities create working group to stipulate labour market

MoldovaBy admin2023-03-21Leave a comment

The Economic Development Digitalization Ministry (MDED) has set up a working group, which will analyze the constraints on the labour market of Moldova. Thus, till late April, specialists will come up with solutions meant to back and develop the economy. Among the priorities of the working group’s activity will be the analysis of the legal…

Georgia: domestic exports up in January-February 2023

GeorgiaBy admin2023-03-21Leave a comment

Georgia has exported locally produced goods worth $914.8 million between January and February, up by 20.3% YoY, the preliminary data from the National Statistics Office of Georgia showed. Geostat said local exports in the country accounted for 54.3% of total exports in the reporting period, amounting to $497.2 million, down by 10.6%. Georgia’s top trading…

Moldova: Japan provides $8 million to back refugees and host communities

MoldovaBy admin2023-03-21Leave a comment

Two projects worth $8.44 million in all, meant to enhance the resilience and back the refugees and host communities of Moldova, were launched in Chisinau on March 20. The initiatives are financed by the government of Japan and will be implemented in partnership with the United Nations Development Programme (UNDP). The first project, amounting to…

Georgia: top trading partners in January-February 2023 named

GeorgiaBy admin2023-03-21Leave a comment

Russia ($467.1 million), Turkey ($387 million) and China ($246.4 million) were the top trading partners of Georgia in its total external trade turnover between January and February, preliminary data from the National Statistics office of Georgia showed. Georgia’s top partners by exports were Armenia ($133.1 million), Russia ($128.2 million) and China ($112.4 million), while the…

Poland: industrial production down in February 2023

PolandBy admin2023-03-21Leave a comment

Poland’s industrial output rose by 1.2% YoY in February, the Central Statistical Office (GUS) reported on March 20. Month on month, industrial output increased by 0.4%. Economists polled by PAP expected February’s industrial production to grow by 1.1% YoY and by 1.8% MoM. Manufacturing prices increased by 18.4% YoY in February, but fell by 0.4%…

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