Poland: rapid decline in inflation to continue

Adam Glapinski, the governor of the National Bank of Poland (NBP), has said that inflation is falling, as predicted in forecasts, and that this process will continue. “As we predicted in the projection, inflation is definitely falling,” Glapinski confirmed during a press conference on June 7, a day after the NBP’s Monetary Policy Council decided…

Moldova: small and medium enterprises to get facilitated access to financing and help for development

Small and medium enterprises in the Republic of Moldova will be able to benefit from affordable financing for the implementation of investment projects under the 373 Program, approved by the government on June 7, the government’s communication and protocol department has reported. The program sees the granting of investment loans by banks, with the partial…

Poland: retail sales down in April 2023

Polish retail sales went down by 2% YoY in April after a 5.1% decrease in March, Eurostat, the EU’s statistics agency, reported on June 6. Month on month, retail sales went up by 1.4%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat…