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With Russia’s attack on Ukraine on 24 February 2022, the old order to which the European continent had been accustomed to for more than 20 years, was gone. Until that day, fluctuations in energy commodity prices were stabilized by the steady supply from Russia…
Memorandum of the Union of Entrepreneurs and Employers: Ukrainian energy infrastructure in the face of Polish-Ukrainian cooperation
Since October 2022, Russia has systematically and methodically been destroying Ukraine’s critical infrastructure. The percentage of heavily damaged energy infrastructure is continuously growing and, according to partners of the Union of Entrepreneurs and Employers, already exceeded 60% before Christmas 2022…
Inauguration of the new project of ZPP and Totalizator Sportowy Foundation – “Business for Ukraine Center”
“Business for Ukraine Center” is a project of the Union of Entrepreneurs and Employers (ZPP) and the Totalizator Sportowy Foundation, which aims to support the development of Polish-Ukrainian economic relations in the difficult conditions of war and continued attacks by the Russian army on infrastructure and industrial facilities in Ukraine. The center is expected to help several hundred entrepreneurs and companies from Ukraine…
Updated Economic Forecast of the Union of Entrepreneurs and Employers (the ZPP) for 2022
Recent years have not been conducive to macroeconomic forecasts. Traditional time-series econometrics works well especially in conditions of relative calmness. Although a properly constructed model is resistant to shocks (those fade over time), geopolitical chaos makes forecasting based on the past complicated. Under such conditions, machine learning models or neural networks can be used…