JSC Ukrzaliznytsia and the European Union Agency for Railways (ERA) have signed a memorandum aimed at enhancing the safety, integration and interoperability of the Ukrainian railway system with the European network. “The memorandum underscores our dedication to enhancing the safety and efficiency of the Ukrainian railways, as well as the integration with Europe. This partnership…
The industrial producer price index totaled 2.2% in August, while the same indicator slowed to 31.2% YoY. The latest data from the State Statistics Service showed that the industrial producer price index, which tracked the average change in wholesale prices for raw materials and intermediate consumption goods, reached 2.2% in August, down from 8.8% in…
According to the Bulgarian National Bank (BNB), the expansion of mortgage loans continues, as banks in Bulgaria report an increase in housing credit. As of the end of August, outstanding housing loans reached 23.2 billion leva, reflecting an annual growth of 25.5%. This marks an increase from July, when mortgage loans rose by 25.1%. Since…
Slovakia is facing significant changes in energy prices next year, with gas prices expected to rise sharply due to both market conditions and an increase in VAT, while electricity prices could see a slight decrease thanks to a VAT reduction. These shifts are part of the government’s broader efforts to balance public finances, including a…
Bulgaria ranks 35th in the 2023 list of the wealthiest countries, with net financial assets per capita amounting to 16,410 euros. The Global Wealth Report, released by Allianz, highlights a notable increase in global financial assets of private households, which has risen by 7.6%, offsetting a previous decline of 3.5%. The total financial assets worldwide…
More than two thousand jobs will be created in Kalush (Ivano-Frankivsk region) as a result of the establishment of a new industrial park in the city. The decision to include Kalush Production Park in the Register of Industrial Parks was made by the Cabinet of Ministers of Ukraine at a meeting on September 24. “The…
Ukrainian entrepreneurs have received under the Affordable Loans at 5-7-9% programme 16,927 loans totalling UAH 63.4 billion since the beginning of the year. In particular, last week, businesses received 271 loans worth UAH 1.2 billion under the programme. In total, since the start of the programme (since February 2020), banks have issued 95,900 loans worth…