Bulgaria: hoteliers and restaurateurs warn of bankruptcies due to rising electricity costs

Bulgarian restaurateurs and hoteliers are forecasting widespread bankruptcies due to soaring electricity costs. The industry is calling for urgent intervention to prevent potential price hikes for goods and services. Atanas Dimitrov, vice-president of the Bulgarian Hotel and Restaurant Association (BHRA), highlighted a troubling trend of sharp increases in electricity prices during the summer season over…

Ukraine: Japan’s budget support reaches $6.3 billion

Minister of Finance of Ukraine Sergii Marchenko met with Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine Matsuda Kuninori and Senior Vice President of the Japan International Cooperation Agency (JICA) Shohei Hara. The meeting was also attended by Deputy Ministers of Finance of Ukraine Olga Zykova and Alexander Kava and Government Commissioner for Public Debt…