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Tag Archives: economy

Ukraine: MFA negotiating resumption of McDonald’s activity

UkraineBy admin2022-06-21Leave a comment

The Ministry of Foreign Affairs negotiates the re-opening of McDonald’s restaurants in Ukraine. As Foreign Minister Dmytro Kuleba posted on Facebook, with the beginning of the full-scale Russian invasion, McDonald’s, like many other companies, suspended the operation of restaurants in Ukraine for security reasons. But the MFA believes that now there are conditions to resume…

Ukraine: Zelensky calls on Europe not to trade with Russia

UkraineBy admin2022-06-20Leave a comment

Ukrainian President Volodymyr Zelensky has said he is convinced that Europe’s security is impossible without liberation from the chains of dependence that Russia has been creating for decades. He stated this in an address to the participants in the Prespa Forum Dialogue. “Any serious discussion of the security architecture in Europe must be based on…

Moldova: new program for development of female entrepreneurship launched

MoldovaBy admin2022-06-20Leave a comment

The pre-acceleration program for girls and women has announced the launch of the fourth edition, which will take place on July 11 – September 2. The organizers of the program will select 30 participants eager to start their own businesses, and registrations are open until June 24. The purpose of the XY Pre-Accelerator program is…

Poland: core inflation rate at 8.5% in May 2022

PolandBy admin2022-06-20Leave a comment

Poland’s core inflation, excluding the prices of food and energy, measured 8.5% YoY in May, up from 7.7% in April, the National Bank of Poland (NBP) said. Core inflation, excluding fixed prices, amounted to 14% in May, up from 12.2% in the previous month. Core inflation, excluding the most volatile priced items, measured 10.4% in…

Poland: national economy employment up in 2021

PolandBy admin2022-06-20Leave a comment

Employment in the Polish national economy grew by 1.6% YoY, to 15 million in 2021, the Central Statistical Office (GUS) said. The largest increase was reported in the information and communication sectors, where a 7.2% rise was reported, while the largest drop was recorded in the mining sector (-2.6%) as well as in finance and…

Lithuania: country ranks 29th in World Competitiveness Index

LithuaniaBy admin2022-06-20Leave a comment

Lithuania has recovered its former highest place in the world competitiveness index published by the Swiss Institute of International Management (IMD). In 2022, it ranks 29th among 63 countries. “To increase the competitiveness of Lithuania, we must seek changes in a number of fields – from stability of economic environment to effective work of the…

Georgia: revenue from international tourism up in May 2022

GeorgiaBy admin2022-06-20Leave a comment

Georgia received $258 million from international tourist visits in May, up by 250.4% YoY, the Georgian National Tourism Administration said. Revenues from international tourism have also recovered by 95.6% compared to the pre-pandemic 2019, the GNTA said. In the first five months of 2022, revenues from international tourism reached $840 million, up by 374.5% YoY…

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