As many as 185,000 Ukrainians have been employed under a simplified procedure that Poland introduced to help them find work, the Ministry of Family and Labour has said. Under a special law, Ukrainian citizens who arrived in Poland after February 24, when Russia invaded Ukraine, can take up employment without the need to apply for…
The Republic of Moldova has improved public access to budget information, according to the 2021 Open Budget Survey. It was made available on June 1 at a conference with participation of representatives of the Finance Ministry, EU Delegation to Moldova, IMF Office in Moldova, the Court of Accounts and Independent Expert-Grup Analytical Center. According to…
Uncertainty over macroeconomic trends is high amid the Russia-Ukraine war, but Georgia’s financial system is ready to withstand stress, the National Bank of Georgia has said. “The banking sector remains resilient even in the face of severe and extreme risk scenarios. Despite the possible losses, the existing capital buffers allow for their absorption,” the NBG…
In April, the total production of industrial enterprises increased by 3.8% at constant prices compared to April 2021, data from Statistics Estonia showed. The biggest fall was in the mining sector. Output increased in two of the three industrial sectors: by 3.7% in manufacturing and by 9.6% in electricity production. In mining, output fell by…
Ukrainian Foreign Minister Dmytro Kuleba has called on Australia to provide more weapons to Ukraine and proposed including the country in the Australian System of Tariff Preferences. Kuleba held talks with Australian Foreign Minister Penny Wong, thanked her for military and humanitarian aid to Ukraine and called on Australia to provide more heavy weapons to…
Poland’s Purchasing Managers’ Index (PMI) fell to 48.5 points in May from 52.0 points in April, economic researcher S&P Global reported on June 1. Economists polled by PAP predicted the PMI would reach 52.0 points in May. According to S&P Global, the reasons for the decline included the war in Ukraine and inflationary pressures. The…
Latvian parliament’s Public Administration and Local Government Committee decided to not support the proposal for giving municipalities the right to fully restrict gambling activities within their respective territories. The proposal was submitted by Seaima deputy Viktors Valainis prior to the third reading of the Law on Local Governments. He proposed “issuing commercial permits and licenses,…