Poland: average corporate wage up in September 2023

Poland’s average corporate gross wage increased by 0.1% MoM in September and by 10.3% YoY, to a gross PLN 7,379.88 (EUR 1,658), the Central Statistical Office said. Economists surveyed by PAP expected a 10.8% YoY corporate wage growth. Poland’s corporate employment measured nearly 6.5 million persons in September, flat year-on-year and 0.1% down month-on-month versus…

Bulgaria: economy up in 2022

Bulgaria’s economy grew by 3.9% in 2022, according to updated data from the National Statistical Institute, exceeding preliminary data for a 3.4% growth. The upward revision is a result of a better than preliminary data performance of the services sector, but with a weaker performance of the industrial sector. Final consumption is again the main…

Moldova: EBRD to provide EUR 23-million loan

The European Bank for Reconstruction and Development (EBRD) will provide financial support for the modernization of the railway infrastructure in the Republic of Moldova. Members of the Economy, Budget and Finance Parliamentary Committee on October 18 approved the report for the draft law that provides for the ratification of a loan agreement. The EBRD will…