Since the beginning of the operation of the food export corridor in the Black Sea, 321 infrastructure facilities in Ukrainian ports have been damaged as a result of Russian attacks. This was reported by President Volodymyr Zelensky during the Third International Grain from Ukraine Conference. “Solely during the operation of the food export corridor in…
On November 22, the Government approved the regular allocation of additional subsidies for local budgets. Local budgets will receive UAH 796.9 million to support local governments in the de-occupied, temporarily occupied and other regions affected by russian aggression. The financial resource is distributed between the regional budget of Sumy region and 171 budgets of territorial…
A new urban project in Bratislava could dramatically reshape the city’s skyline. Developer JTRE, formerly known as J&T Real Estate, has revealed the winner of an international urban-architectural competition to design two new skyscrapers in the Eurovea City district. The project includes two high-rise towers, both taller than Slovakia’s current tallest building, Eurovea Tower. The…
The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 50 million euros for Tenevo Solar Technologies EAD to build and operate a solar photovoltaic plant in southeastern Bulgaria. The project will produce over 300 GWh of electricity annually and help reduce carbon emissions by 250,000 tons per year. The…
Kyiv hosted the discussion titled Reforms Matrix: Strengthening the Foundations of Economic Growth for EU Accession. The event aims to bring together representatives from Government, international partners, experts, business leaders and civil society organizations to discuss key issues related to Ukraine’s economic development strategy. Organized with the participation of the World Bank and the European…
The Ministry of Energy is exploring additional opportunities to encourage electricity imports, where the key factors are the availability of electricity and the ability to deliver it at the right times. “We are in dialogue with the main importers and industrial enterprises in order to respond to their needs as quickly as possible. It is…
According to Georgi Dichev, chairman of the Chamber of Private Bailiffs (CPB), Bulgaria currently has 120,000 debtors under the age of 30. Specifically, 4,000 individuals are debtors under the age of 20, 36,000 are between 20 and 25 years old and 80,000 fall into the 25-30 age group. The data comes from the CPB’s internal…