Moldova: trade with Germany up in 2023

The total trade of the Federal Republic of Germany with the Republic of Moldova increased last year by 5.3% YoY. The data were presented on February 8 by the Romanian-German Chamber of Commerce and Industry (AHK Romania), taken from the Federal Bureau of Statistics of Germany, Destatis. Trade between the two states exceeded 871.2 million…

Ukraine: UK extends tariff-free trade until 2029

The UK government will support Ukrainian businesses by extending duty-free trade with Ukraine for an additional five years, until 2029. a press release issued by the UK government says. “This agreement provides much needed long-term economic support to Ukraine, its businesses and people – critical to its recovery from Putin’s illegal invasion. The UK will…

Bulgaria: prices to fall in order to join Eurozone

To meet the criteria for entering the Eurozone, Bulgaria is gearing up for a significant shift in its economic landscape, with prices expected to witness a downward trend in the coming months. The key condition for Bulgaria’s entry into the Eurozone is maintaining inflation within a specific range. Specifically, the inflation rate in Bulgaria’s consumer…