Ukraine: government working to launch Ukraine Development Fund and other instruments to attract investment

Despite the war, Ukraine’s economy is growing. Investors are increasingly investing in business in Ukraine. Work is continuing on the Ukraine Development Fund and other instruments to attract investment. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, during her speech at the “CEOs for Ukraine” panel discussion…

Poland: core inflation down in December 2023

Poland’s core inflation, excluding food and energy prices, measured 6.9% YoY in December 2023, down from 7.3% recorded in November 2023, Poland’s central bank (NBP) announced in a statement. On a monthly basis, the central bank also said that Poland’s core inflation edged up to 0.3%, up from the flat result 0.0% recorded in November…

Ukraine: USAID to provide up to UAH 270 million for grain storage program

Under the USAID Agricultural and Rural Development (AGRO) program, Ukrainian enterprises that provide services for processing and storage of agricultural products will receive up to UAH 270 million in co-financing for the development of grain storage capacities, the Ministry of Agrarian Policy and Food reports. “The USAID Agricultural and Rural Development (AGRO) program will support…

Poland: consumer prices up in December 2023

Poland’s Consumer Price Index (CPI) stood at 6.2% YoY in December 2023 against the 6.1% predicted in a previous flash estimate, the Central Statistical Office (GUS) reported on January 15. The CPI inflation in November 2023 was 6.6%. Consumer prices in December 2023 increased by 6.2% (with an increase of prices of services by 8.2%…

Bulgaria: winter tourism up in December 2023

Bulgarian winter resorts experienced a robust growth of over 4.5% in tourist numbers in December 2023 compared to the previous year, according to Tourism Minister Zaritsa Dinkova. The notable surge was particularly driven by a substantial increase in Turkish visitors, marking nearly a 22% growth. Notably, tourists from neighboring countries such as Romania, North Macedonia,…