Eastern Europe
Ukrainian refugees contributed to 2.4% GDP increase in Poland
Ukrainian refugees contributed to a 2.4% increase in Poland's national GDP in 2025 despite rising social tensions and new legal restrictions. While 43% of…
Topic
GDP growth
Stories
Economy
Ukraine’s 2027 budget deficit forecast rises to 37.3% of GDP
The National Bank of Ukraine raised its 2027 deficit forecast to 37.3% of GDP, or $91.5 billion, citing higher security risks and defence costs.…
Economy
Ukraine plans to spend $11.3bn on state debt interest this year
Ukraine plans to allocate $11.3bn for state debt interest this year, despite social media claims of $33bn in annual interest. While interest payments have…
Economy
CNP lowers economic growth forecasts for 2026 and 2027
The National Commission for Strategy and Prognosis lowered its 2026 economic growth forecast to a contraction of -0.4% due to rising inflation. The commission…
Economy
State Duma committee recommends 2027-2029 federal budget plan
The State Duma budget and taxes committee recommended a 2027-2029 federal budget featuring RUB43.3 trillion in revenue and RUB48.7 trillion in spending. Andrei Makarov…
Economy
Ukraine economy projected to shrink by 0.4 percent this year
The National Bank announced Ukraine's economy will contract by 0.4 percent this year due to Russian attacks on production and seaport blockades. Inflation reached…
Economy
Germany calls Poland an example of great success at economic forum
Germany's economy minister Katherina Reiche praised Poland's economic success during the Polish-German Economic Forum in Warsaw. Bilateral trade between the two nations exceeded 180…
Economy
Bank of Russia holds interest rate at 14 percent amid inflation
The Bank of Russia maintained its interest rate at 14% on October 23 due to elevated price pressures. Annual inflation reached 6.8% as of…
Politics
Serbian elections decide Vučić’s future and economic security
Early parliamentary elections in Serbia will determine if Aleksandar Vučić moves into the prime minister's office and how the nation manages its economic model.…
Economy
Ukraine economy shrinks 2.4% in September as industrial output falls
Ukraine's economy contracted 2.4% year-on-year in September as Russian strikes on industry and transport intensified. The Institute for Economic Research reported significant declines in…