Poland’s President Andrzej Duda Said The Decision To Send Fighter Jets To Ukraine Was “Not Easy To Take”
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The war has been going on for almost a year. Even though the Ukrainians fiercely defend their borders, they do not go without the right equipment. Ukraine asks its allies for help in the form of appropriate equipment, but such decisions as the example of the Polish president shows are not easy.
In this article:
- French economy remains cautious
- War in Ukraine
- Orpea’s revenue growth remained solid
French economy remains cautious
After a strong economic recovery after the pandemic, France was hit by an energy shock caused by Russia's invasion of Ukraine. Inflation picked up and economic activity slowed down. Nevertheless, the economy remained resilient and inflation much lower than in other EU countries due to a more limited dependence on Russian gas.
The government has also made significant reforms in fiscal policy. The government has made significant progress by proposing reforms to increase growth potential while lowering fiscal costs, including revised unemployment benefits to help increase labor supply and a comprehensive pension reform to rebalance the pension system and increase the employment rate of older workers to bring the effective retirement age closer to the EU average.
The banking sector weathered the crisis well and supported the economic recovery, but global threats to financial stability are increasing.
Despite the good news, the French economy remains cautious as the impact of the global situation may also be visible in this country.
🇫🇷France’s policies cushioned the impact of the energy shock, but economic growth is set to slow further and public debt will remain high. More in this Country Focus article. https://t.co/mPhkDZr4a6 pic.twitter.com/d43k423xE4
— IMF (@IMFNews) February 13, 2023
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War in Ukraine
Moscow said on Monday that its forces had moved several kilometers along the Ukrainian front line, while Kiev said its troops had repelled Russian attacks in various areas. The Russian Ministry of Defense reported that Russian troops managed to move 2 km to the west in four days.
Russia's foreign spy services said Monday it had intelligence that the US military was preparing Islamic militants to attack targets in Russia and the former Soviet Union. The agency did not release the intelligence behind its claim, and the claims could not be immediately verified.
Moreover, from the events surrounding the war, Polish President Andrzej Duda said that the response to President Volodymyr Zelensky's request for F-16 aircraft was a "very serious decision", but gave no further indications as to whether this would happen.
Ukraine war live updates: Wagner Group claims village; Polish president says jets decision 'not easy' https://t.co/pvqLoLfIyJ
— CNBC (@CNBC) February 13, 2023
Orpea’s revenue growth remained solid
French nursing home group Orpea reported nearly 8% revenue growth in the fourth quarter and has provided details of a planned capital increase. Orpea said revenue growth remained solid.
It said the cash improvement was mainly due to extended credit lines and the suspension of payments made by creditors last year.
Orpea shares jump on Q4 revenue and cash boost https://t.co/mbqiKCigqd pic.twitter.com/bq3UQwRpji
— Reuters Business (@ReutersBiz) February 13, 2023
