Since the beginning of the full-scale war through November 30, the Ukrainian government has raised almost UAH 1.397 trillion in equivalent from the sale of domestic government bonds through primary auctions, the National Bank of Ukraine reports. “In total, from the onset of the full-scale invasion of Ukraine through November 30, the government raised an…
The shortage of qualified professionals entering the Bulgarian labor market has consistently ranked among the top three challenges for businesses over the past five years, and in recent years, it has climbed to the top two, following economic uncertainty. This was stated by Vasil Velev, Chairman of the Board of the Association of Industrial Capital…
The Organization for Economic Co-operation and Development (OECD) has projected that Bulgaria will join the eurozone in 2026. The organization expects the country’s economic growth to rise from 2.3% in 2024 to 2.8% in 2025, before moderating to 2.6% in 2026. These figures reflect a downward revision from earlier forecasts made in May, when the…
The Ministry of Communities and Territories Development (Ministry of Development) presented the concept of an electronic pricing system in construction, the purpose of which was to analyze and forecast the cost of building facilities with public funding. The prerequisites for creating the system were the lack of effective tools for public control over the cost…
The Ministry of Foreign Affairs of Ukraine and the Canada-Ukraine Chamber of Commerce have signed a Memorandum of Understanding to assist Ukrainian exporters. The signing ceremony took place during the Conference on the Reconstruction of Ukraine, which was held in Toronto. The document was signed by the Ambassador of Ukraine to Canada Yuliya Kovaliv and…
Bulgarians allocate a significant portion of their savings to deposits, with 73% of their assets held in this form. In contrast, citizens across the European Union invest 36% of their assets in financial markets. Bulgarians are more conservative in their investment choices, with only 5% of their assets directed toward financial markets, while 20% are…
Residents of the Baltic States are currently experiencing a significant increase in food prices – 31% in Latvia, 33% in Estonia and 26% in Lithuania find that they can afford less food purchases due to price rises than before, Citadele Bank representatives report, citing the survey conducted. Overall, over the past year, the majority of…