Unemployment in Poland has fallen below 5% for the first time since 1990, when the country was beginning its post-communist transition. New data from state statistical agency GUS showed that the unemployment rate fell to 4.9% in June, down from 5% in May. The reading was in line with analysts’ expectations. The last time GUS…
The current state of the economy and macroeconomic forecasts for the coming years, labour market issues, as well as components of the “Made in Ukraine” economic policy were discussed during a meeting between the leadership of the Ministry of Economy and representatives of the IMF mission to Ukraine. The meeting was attended by First Deputy…
As of July 21, the Pension Fund has allocated UAH 51.6 billion for pension payments, including UAH 9.3 billion through JSC Ukrposhta and UAH 42.3 billion through authorised banks. Moreover, UAH 1,309.6 million was allocated for housing subsidies and benefits and UAH 2,199.1 million – for insurance payments, including UAH 1,025 million for sick leave…
The leadership of the Ministry of Finance of Ukraine and representatives of the International Monetary Fund held the final meeting of the IMF mission. The mission took place in Kyiv on July 16-19. The teams of the Ministry of Finance headed by Minister of Finance Sergii Marchenko and the IMF Mission to Ukraine headed by…
According to a survey by the National Center for Parliamentary Studies (NCPI), a unit of the Bulgarian National Assembly, approximately 60% of Bulgarians oppose the adoption of the euro. This extensive study, covering a variety of topics, was conducted on May 1-16 among 1,000 Bulgarian citizens and was representative of the adult population. The findings…
Poland’s Development Ministry has unveiled plans for a new mortgage subsidy scheme aimed at first-time homebuyers. It hopes to launch the programme early next year. However, two other ministries, the central bank and trade unions have expressed concern that the scheme could put further upward pressure on housing prices, which are already rising at the…
Krakow has appointed a “night mayor” who will be responsible for reconciling the needs of the city’s residents, business owners and tourists. Jacek Jordan, a historian and tourist guide with 18 years of experience, was on July 16 named the first person to hold the office. “Amsterdam, Toulouse, Florence, Prague and, as of today, Krakow…