Ukraine produced almost 2 million tons of mineral fertilizers in 2023, according to Ukraine’s Ministry of Agrarian Policy and Food. The total production potential in Ukraine is up to 3 million tons of fertilizers per year. At the same time, the fertilizer industry has significant export potential. Therefore, the ministry plans to expand export markets,…
Investments from the USA and Canada in Bulgaria surpass the country’s official balance of payments report findings, as per a recent Institute for Market Economy (IME) study spanning five years. The IME’s Chief Economist, Lachezar Bogdanov, highlighted that global companies from these regions often centralized their European operations in countries like the Netherlands or Switzerland,…
Efforts to assist Ukraine in exporting its agricultural products have exposed the Baltic countries’ insufficient transport capabilities, Lithuanian President Gitanas Nauseda has said in Tallinn. He also urged the acceleration of the Rail Baltica European standard-gauge railway project. “Our efforts to help Ukraine to transport agricultural products pointed to the insufficiency of connectivity capacity in…
Germany will provide Moldova with a grant worth 14.8 million euros for the implementation of projects in the energy efficiency sector, professional training of young people and public administration. The members of the parliament’s commission for foreign policy and European integration approved the consultative opinion for starting the negotiations and approving the signing of a…
The National Bank of Ukraine (NBU) sold $546 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. From December 4 to 8, the National Bank sold $546 million and purchased $1.99 million on the interbank foreign exchange market. Since the…