Poland’s rate setting council said on November 9 that its decision to put interest rates on hold was based on expectations that the global economic slowdown along with monetary tightening in Poland and abroad would lower inflation towards the central bank’s inflation target. In a statement issued after its decision to keep interest rates level,…
The cooperation in the field of taxation between Georgia and Spain was discussed by the Georgian finance minister Lasha Khutsishvili and his Spanish counterpart Maria Jesus Montero, the Finance Ministry said. The parties expressed readiness to “further deepen” the existing cooperation in the meeting, held within the framework of the 15th plenary meeting of the…
Over 55% of Poles in a United Surveys poll said Poland’s economic situation was bad, 13.6% said it was good, 23.9% described it as neither good nor bad, and nearly 7% could not say, the Dziennik Gazeta Prawa newspaper reported on November 9. The newspaper noted that opinions about the country’s economy differed according to…
Today, almost 2.5 million households receive subsidies from the state. It is expected that this number will increase in the coming months, as people continue to apply for the relevant assistance. This was stated by Prime Minister Denys Shmyhal at the Government meeting on November 8. “The average subsidy is projected to amount to about…
The enterprises, the assets of which have been forcibly transferred into state ownership, should meet Ukraine’s defense needs, and some of them will restore the production capacities that have been lost. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal at a briefing. “These five enterprises are governed and must fully meet our…
Polish retail sales went up by 8.4% YoY in September after an 8% increase in August, Eurostat, the EU’s statistics agency, reported on November 8. Month on month, retail sales went up by 1.4%, the agency also said. Retail sales in the eurozone fell by 0.6% YoY in September after a 2% decline a month…
Georgian parliament speaker Shalva Papuashvili on November 8 met with representatives of Tokyo Electric Power Company and Itochu Corporation to promote Georgia’s investment and transit potential. At the meeting with Masaki Honda, the managing director of TEPCO, Papuashvili welcomed the purchase of a 31.4% stake in the Georgian company Dariali Energy by TEPCO Renewable Power,…