In September, the Ministry of Finance made inter-budget transfers to local budgets in the amount of UAH 15.9 billion, the ministry’s press service reported. “In September, the Ministry of Finance, in accordance with the budget legislation, transferred UAH 15.9 billion in inter-budget transfers to local budgets, representing 93.8% of the allocations envisaged in the September…
Bulgaria’s Deputy Prime Minister and Finance Minister Lyudmila Petkova confirmed that the draft budget for 2025 would target a deficit of no more than 3% of the country’s GDP. This assurance was made during a meeting with European Commissioner for Economy Paolo Gentiloni ahead of the Eurogroup meeting, according to a statement from the Ministry…
A regular survey conducted by SEB bank covering large companies in the three Baltic countries shows that confidence in the economic outlook is at a low point in Estonia, trailing behind both Lithuania and Latvia, Peep Jalakas, head of corporate banking at SEB, has said. The survey describes how more than 300 large companies view…
Plovdiv Airport has announced the resumption of direct flights to Manchester, with the inaugural flight scheduled to depart on December 14. This development comes thanks to the support from the Development Fund, which has been instrumental in facilitating this service. The new flights will be available twice a week, offering convenient departures from Plovdiv at…
Without a motorway and high-speed railway connection between the Baltic states and Poland, NATO would face problems if it had to defend the region against a Russian attack, the Polish daily Rzeczpospolita wrote. Neighbours criticise the Baltic States for being too slow to modernise Via Baltica, which the Poles say would be strategically important for…
The governments of Ukraine and Slovakia will develop and strengthen cooperation in the areas of infrastructure and logistics. This was announced by Prime Minister of Ukraine Denys Shmyhal during a joint press conference with Prime Minister of Slovakia Robert Fico following joint intergovernmental consultations on October 7. “We have made significant progress in the modernisation…