The 2024 state budget bill encountered resistance from several social partners on November 21, as revealed in a meeting of the National Council for Tripartite Cooperation. Finance Minister Assen Vassilev disclosed that objections from unions and employer organizations prompted an extraordinary Cabinet session on November 24 to address concerns about the proposed budget, along with…
Poland’s retail sales increased by 2.8% YoY and by 3.2% MoM in real terms in October, the Central Statistical Office (GUS) reported on November 22. Analysts surveyed by PAP were betting on a 1.7% annual increase and a 2% monthly rise in real terms in October. At current prices, Polish retail sales went up by…
Latvia’s Max Cekot Kitchen has become the first restaurant in the country to be awarded a Michelin star – a hallmark of culinary excellence. Lithuania, meanwhile, expects to receive the first Michelin star next year. The first-ever Michelin Guide Latvia lists a total of 26 restaurants, including 19 in Riga and 7 outside the capital.…
The state has invested UAH 5 billion in the development of small and medium-sized businesses through grants since the launch of the Government’s eRobota grant programme. A total of 8,753 Ukrainians have already received grants to start or expand their own business. This was announced by First Deputy Prime Minister and Minister of Economy Yuliia…
In 2023, 16,300 auctions were successfully held via the Prozorro.Sale system, which brought UAH 12.29 billion to the budgets of various levels, the press service of Prozorro.Sale said in a post on Facebook. “In 2023, the Prozorro.Sale system replenished budgets of various levels by UAH 12.29 billion. This amount was generated by 16,300 successfully held…
Poland’s industrial output increased by 1.6% YoY in October versus a 1.9% annual increase expected in the PAP consensus survey, on a 4.1% MoM increase, the Polish stats office (GUS) announced. Analysts surveyed by PAP had expected a 4.3% monthly increase. (PAP/Business World Magazine)
Bulgaria’s dairy sector faces a concerning revelation, as Eurostat data expose the country’s stark reality: recording the lowest annual average milk production across the European Union in 2022. According to the statistics published on November 20, Bulgarian dairy farms yielded an average of approximately 3,621 kg per cow, the lowest in the EU. This distressing…