In the Republic of Moldova, 450 social housing units will be built for 1,600 beneficiaries who will be able to rent the dwellings at an affordable price. At the same time, student hostels and old people’s homes will be rebuilt for another 1,460 beneficiaries. In this regard, the government approved the ratification of the Framework…
Amidst discussions about Bulgaria’s journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria’s banking system, stating it aligned closely with Eurozone standards. Chobanov’s remarks came during a conference organized by the Association of Banks in Bulgaria (ABB), where he emphasized the banking sector’s compliance…
In Lithuania, an auction for an offshore wind farm was declared unsuccessful because only one company submitted a bid. Developers likely expected larger subsidies. According to Timo Tatar, former deputy secretary for energy at the Ministry of Climate, the current market situation requires that countries make an effort to attract developers. The Lithuanian Ministry of…
The full-scale invasion of russia has had a significant impact on food security and the operations of Ukraine’s agricultural sector. In particular, the logistics chains of agricultural exports to global markets have been affected. Therefore, it is necessary to create a threat-resistant agricultural supply system to ensure food security for Ukraine and the world. Taras…
Since the launch of the Vlasna Sprava (Own Business) programme, 15,600 Ukrainians have become winners and will receive microgrants from the state to start or develop their businesses totalling UAH 3.7 billion. The winners of the sixth wave of the programme this year are 573 Ukrainians who will receive UAH 136 million to develop their…
A Polish court has reportedly issued an order forbidding Google from favouring its own price comparison service, Google Shopping, for users in Poland at the expense of competing services. The order has been put in place while the court considers a legal complaint by Ceneo, a leading Polish price comparison engine, against the US giant,…
In its latest macroeconomic forecast released on April 16, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria’s Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023. The projected economic expansion is expected to be primarily driven by the positive influence of domestic demand, with net exports forecasted to…