The latest World Economic Situation and Prospects report from the United Nations Department of Economic and Social Affairs (UN DESA) sheds light on Bulgaria’s economic trajectory, painting a cautiously optimistic outlook amid global uncertainties. Despite a challenging global economic landscape, the report projects Bulgaria’s economy to exhibit a positive growth trend. Forecasts suggest a gradual…
Poland saw a lower than expected flash CPI inflation reading in December 2023, at 6.1% YoY, which was a good starting point for the first quarter of 2024, economists commented, warning, however, about uncertainty. Poland’s CPI inflation in December 2023 was 6.1% against expectations of 6.5%, the Central Statistical Office (GUS) said in a flash…
Exports of goods and services from Ukraine are expected to grow by 9% in 2024. This was stated by the First Deputy Prime Minister of Ukraine, Minister of Economy Yuliia Svyrydenko. According to her, positive developments in this area began to occur in the last months of 2023. The opening of an alternative maritime corridor,…
According to the 2023 results, Ukraine’s exports increased and amounted to almost 100 million tons of goods. This is 112,000 tons more than in 2022. However, the value of exports fell by 18.7%, or $35.8 billion. Despite the general decline in exports of Ukrainian goods, positive trends were observed in the furniture market. Last year,…
IFAD Consolidated Programme Implementation Unit has announced the launch of the grant contest for financing micro-enterprises managed by women. Grants worth up to 600 thousand lei are intended both for agricultural production, post-harvest, processing, packaging and marketing of agricultural products, as well as for other activities related to agriculture (bakery, services for agriculture, agritourism, handicrafts,…
Poland and the European Commission (EC) will discuss the first tranche from the EU’s pandemic relief funds under Poland’s National Recovery Plan (KPO) in January, with the inflow expected in spring, the funds and regional policy minister has announced. Poland is due to receive EUR 25.3 billion in grants and EUR 34.5 billion in loans…
Since the beginning of the full-scale invasion, the European Investment Bank has provided Ukraine with EUR 1.7 billion in financial assistance, primarily aimed at emergency repairs of the destroyed infrastructure. This was stated by Deputy Prime Minister for Restoration – Minister for Communities, Territories and Infrastructure Development of Ukraine Oleksandr Kubrakov. He noted that in…