On October 2-8, the Customs Service collected over 667.9 million lei (about 33.3 million euros) to the state budget. Private people brought goods with the customs value exceeding the non-taxable limit, and payments totaling over 27.8 million lei were collected, which represented 4.2% of the total amount. The money collected from taxpayers is paid directly…
In January-September, twenty-seven investment projects were implemented in the Vinnytsia region, totaling about UAH 1.2 billion. The relevant statement was made by Vinnytsia Regional Military Administration Head Serhii Borzov. “Over nine months of 2023, a total of 27 investment projects worth about UAH 1.2 billion have been implemented in the region. About 970 new jobs…
After a strong growth in 2022, the Bulgarian economy will slow down, following trends in the European Union, according to a World Bank report. The World Bank reports that inflation in Bulgaria remains high, which threatens plans to adopt the euro in 2025. The fiscal deficit is expected to remain below the Maastricht ceiling of…
Moldova’s potential as attractive destination for Dutch business people, as well as the investment opportunities were unveiled at a Moldovan-Dutch business forum, held in Chisinau on October 4-5. Representatives of over 20 companies from the Netherlands, experts, business people, diplomats and representatives of central public authorities participated in the event, the government’s communication and protocol…
The National Bank of Poland (NBP) prefers to act gradually on interest rates, with potentially several minor cuts rather that a single larger one, the central bank’s governor has said. Adam Glapinski held a press conference on October 5, a day after the NBP’s Monetary Policy Council cut Poland’s interest rates by 25 basis points,…
On October 4, the Ministry of Finance of Ukraine, together with the Secretariat of the Cabinet of Ministers of Ukraine and the KfW Ukraine, reviewed the portfolio of joint projects for the first time since 2021. The event was held online. The review was chaired by Deputy Minister of Finance of Ukraine Olga Zykova, Director…
Poland’s Gross Domestic Product (GDP) increased by 5.3% YoY in 2022, the Central Statistical Office (GUS) reported in its corrected estimate on October 5. In April, GUS reported that Poland’s economy grew by 5.1% in 2022. “In accordance with the corrected estimate, Poland’s GDP grew in real terms by 5.3% in 2022,” GUS wrote. “This…