Ukraine has a significant potential for the development of life insurance, which can become a source of long-term funds for the economy. First Deputy Governor of the National Bank Kateryna Rozhkova said this during a meeting with representatives of life insurance companies and industry associations. “Ukraine has the potential to develop this segment of insurance…
Bulgarian National Bank Governor Dimitar Radev emphasized in a recent BNT documentary that the delay in Bulgaria’s entry into the Eurozone was primarily a political issue. According to journalist Nadia Obretenova, who interviewed Radev for the documentary “The Way of Money”, the governor highlighted the central bank’s policies aimed at monitoring bank lending, which were…
In a letter to the European Union (EU) president, Poland, Lithuania, Latvia and Estonia called on the EU to build a defence line along the border with Russia and Belarus to protect the EU from military threats and other harmful actions, stressing that the project, which would protect the 27 countries’ 450 million citizens, would…
Bulgaria is expected to adopt the euro at the beginning of 2026, rather than mid-next year, as previously forecast. This update was provided by acting Deputy Prime Minister and Minister of Finance Ludmila Petkova, who emphasized the need for technological time to meet the final criterion for euro adoption. Following this, new convergence reports must…
The updated Canada-Ukraine Free Trade Agreement (CUFTA) enters into force on July 1. On June 26, Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, and Mary Ng, Minister of Export Promotion, International Trade and Economic Development of Canada, issued a joint statement on this historic event. According to the statement, the…