Bulgaria is in the first place among the member states of the European Union in terms of the share of people who cannot keep their homes adequately warm (22.5%), according to the latest Eurostat data for 2022. On average for the population of the union, this indicator is 9%. Among the countries with the largest…
Poland’s economy is predicted to grow by 0.5% in 2023 and by 2.7% in 2024, while headline inflation could hit 11.4% this year before easing to 6.1% next year, according to summer forecasts from the European Commission (EC). The new GDP growth forecast comes slightly below the EC’s May expectation of 0.7% for this year,…
The Ukrainian economy is being shaped in three dimensions: the wartime economy, the recovery economy and the economy of the future. This was stated by Prime Minister Denys Shmyhal in a statement at the Yalta European Strategy in Kyiv. “The wartime economy is working. The recovery economy has been successfully launched and is gaining momentum.…
At its last meeting, the Government amended the rules for public procurement during martial law. In particular, it was decided that for procurements over UAH 50,000, it was necessary not only to publish a report on the contract concluded without the use of the electronic procurement system, but also to provide a justification for the…
A company from Turkey and another one from Moldova will participate in a project on rehabilitation of the road Codru Nou – Soroca – Unguri – border with Ukraine. The segment of the road subjected to rehabilitation has a length of about 40 km. Attending the event on the launch of the works was President…
Gas traders have expressed interest for up to 4 billion cubic meters per year of additional capacity for the next few gas years in the interconnection points of the Interconnector Greece-Bulgaria (IGB) with the Greek national operator DESFA and the Bulgarian national operator Bulgartransgaz, the ICGB, the pipeline operator, reports. The independent transmission system operator…
Poland sees inflation declining faster than expected and the economy growing below estimates, so the interest rates have been adjusted, Adam Glapinski, governor of the central bank (NBP), has told a press conference following a surprising interest rate cut to 6%. “Poland has met previously-assumed conditions for an interest rate cut, namely reaching single-digit inflation…