On April 17, the U.S. Chamber of Commerce hosted the U.S.-Ukraine Partnership Forum. The event was attended by representatives of the governments, businesses from both countries and leading financial experts. Ukraine was represented by Prime Minister Denys Shmyhal, Minister of Finance Sergii Marchenko and Deputy Minister of Finance for European Integration Yuriy Draganchuk. The Forum…
Poles are on average 40% richer than they would have been if the country had not joined the European Union, according to a new report by the Polish Economic Institute, published ahead of next month’s 20th anniversary of Poland’s EU accession. PIE’s analysts calculated that Poland’s GDP per capita in purchasing power parity (PPP) terms…
In Lithuania, an auction for an offshore wind farm was declared unsuccessful because only one company submitted a bid. Developers likely expected larger subsidies. According to Timo Tatar, former deputy secretary for energy at the Ministry of Climate, the current market situation requires that countries make an effort to attract developers. The Lithuanian Ministry of…
Since the launch of the Vlasna Sprava (Own Business) programme, 15,600 Ukrainians have become winners and will receive microgrants from the state to start or develop their businesses totalling UAH 3.7 billion. The winners of the sixth wave of the programme this year are 573 Ukrainians who will receive UAH 136 million to develop their…
A Polish court has reportedly issued an order forbidding Google from favouring its own price comparison service, Google Shopping, for users in Poland at the expense of competing services. The order has been put in place while the court considers a legal complaint by Ceneo, a leading Polish price comparison engine, against the US giant,…
In its latest macroeconomic forecast released on April 16, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria’s Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023. The projected economic expansion is expected to be primarily driven by the positive influence of domestic demand, with net exports forecasted to…
Ministry of Labour and Social Protection has received a consignment of IT equipment to be distributed to the Territorial Social Assistance Agencies and Structures (ATAS and STAS). The equipment is donated by UNICEF Moldova, with the financial support of the British Government. The donation includes 1,347 computers and 579 laptops worth $1.410 million. Thus, every…