Concerns loom over Bulgaria’s potential entry into the eurozone, as the nation grapples with political instability in the months ahead. Analysts warn that the absence of a regular government could impede progress, posing a significant obstacle to fulfilling official targets. Standard & Poor’s, a division of S&P Global, underscores the pivotal role of political stability…
Business administration and interaction of entrepreneurs with state authorities will be simplified. Government approved a decision in this regard. The draft sees the exclusion of the obligation to use standard forms in purchase of assets and rental services from private people. Entities will be able to set up the form individually, according to their own…
Recent data released by the European Statistics Office Eurostat showed that the unemployment landscape in the European Union (EU) remained stable in February, with the unemployment rate holding steady at 6%. This figure mirrors the rates observed both in January 2024 and February 2023. Similarly, within the eurozone, unemployment maintained consistency, registering at 6.5% for…
Forty-seven applicants for the Own Business grant program will receive UAH 21 million from the government to launch or develop their business, bringing the number of veterans who have already received such grants to 454. This was reported by the Deputy Minister of Economy, Tetiana Berezhna. “Forty-seven veterans and their spouses were recognized as winners…
Closing the border with Ukraine, as proposed by Polish farmers, will not affect the Polish grain market. Prices in Poland are derived from prices on global exchanges, in particular the Paris MATIF exchange, which is the basis for the price of grain in domestic ports. Port prices are crucial for prices in other regions of…
The Ministry of Finance in Bulgaria has revised its inflation predictions for the year 2024, slashing them by half compared to previous estimates. According to the department’s spring macroeconomic forecast, the average annual inflation rate is anticipated to drop to 2.4%, with further deceleration to 2.3% until year-end. This adjustment marks a significant departure from…
The State Tax Service (SFS) has reported a new record of collections per day. The record amount collected to the state budget on March 25 was 1.19 billion lei, up by 156.1 million lei from the previous record in 2022. At the same time, according to the SFS, in three months of 2024, incomes to…