The Ministry of Defense has amended the defense procurement procedures under state guarantees for Ukrainian manufacturers. Defense Minister Rustem Umerov reported this on Facebook. “We are strengthening the capability of Ukrainian manufacturers to supply the army with weapons more quickly and efficiently,” Umerov noted. According to the minister, “from now on, payments will be made…
Ukraine will launch a project to manufacture Japanese pickup trucks using the SKD (Semi-Knocked Down) services. This is a joint project of several Ukrainian manufacturers and a Japanese engineering company. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine, during a business forum organised by the…
Bulgaria is showing significant progress towards meeting the criteria for joining the eurozone, according to recent data. November statistics from the National Statistical Institute reveal that monthly inflation stood at 0.6%, while annual inflation reached 2.1%. Despite a slight acceleration in annual inflation, the monthly inflation rate has grown more slowly compared to October. Economist…
Ukraine is ready to fulfill its obligations under the EU Association Agreement for the transit of any gas, except from Russia. Prime Minister of Ukraine Denys Shmyhal announced this following a conversation with Slovak Prime Minister Robert Fico. “I held discussions with Slovak Prime Minister Robert Fico. I emphasized that Ukraine’s priority is guaranteed energy…
President of Ukraine Volodymyr Zelensky has formed a delegation to participate in negotiations on the conclusion of a guarantee agreement between Ukraine and the European Bank for Reconstruction and Development. The corresponding decree, No. 152/2024-rp, was published on the website of the head of the Ukrainian state. “To form a delegation of Ukraine to participate…
Annual inflation in Bulgaria accelerated in November, rising to 2.1% compared to 1.8% in October, marking a three-month high, according to data from the National Statistical Institute (NSI). On a monthly basis, the consumer price index increased by 0.6%, following a 1.1% rise in October. Food prices saw the most significant monthly increase in November,…
Excise taxes on tobacco products and alcoholic beverages, including beer, will rise in 2025 as part of a measure by the Ministry of Finance to boost government revenue. This increase is expected to make these goods more expensive for consumers. The excise tax on alcoholic drinks, including beer, is set to increase by 10% to…