The value of venture capital (VC) investment in Poland remained unchanged in 2022, defying global declining trends. “In 2022, the Polish VC market slowed down but maintained a value of transactions that was close to the previous year,” the state-owned VC vehicle PFR Ventures and private firm Inovo VC said in a joint statement on…
The Commission for Emergency Situations (CSE), at a meeting on January 30, ruled the providing of assets from reserves of the Interior Ministry (MAI) and Health Ministry as free of charge international assistance for Ukraine. The overall value of the consignment is of about 16.8 million lei. It will arrive in Ukraine in early February.…
Since the launch of the Affordable Loans at 5-7-9% State Program, business entities have received 53,986 loans from authorized banks for a total amount of UAH 168.96 billion, of which 34,768 – from public sector banks for a total amount of UAH 68.02 billion (as of January 30). Over the past week, 349 soft loans…
The National Bank expects the economy to grow by 0.3% this year, by 4.1% in 2024 and by 6.4% in 2025. That’s according to NBU Governor Andriy Pishnyi. “The National Bank expects a slight increase in real GDP in 2023 by 0.3%,” Pyshnyi said. He explained that the worsening of the outlook, compared to the…
Moldovan farmers can get grants of up to $15 thousand to buy agricultural equipment that will allow them to implement climate change adaptation initiatives. The grants are offered within the Rural Resilience Project, financed by the International Fund for Agricultural Development (IFAD), through the Adaptation for Smallholder Agriculture Programme. Thus, for agricultural cooperatives, grants of…
The Georgian economy is forecast to grow by 5.2% in 2023 and by 4.6% in 2024, the World Economic Situation and Prospects report by the United Nations said. In the report, the UN noted the 10.8% growth shown by the country in the past year, prompting a raise in the UN’s initially forecast 4.4%. The…
The Sejm, the lower house of the Polish parliament, has passed an amendment that puts a cap of 40% on increases in district heating prices. The bill gained the overwhelming support of 441 MPs in the 460-member lower house on January 26, with eight abstentions. The 40% rise cap applies to individual consumers, with the…