As part of the visit by the Prime Minister of Ireland Simon Harris to Ukraine, the Energy Deputy Minister Mykola Kolisnyk discussed with the Irish government delegation the need to expand assistance to Ukrainian power engineers. The relevant statement was made by the Energy Ministry. “During the meeting, Simon Harris noted that the Irish Government…
In the second quarter of 2024, Bulgaria’s gross domestic product (GDP) grew by 2.1% YoY, according to preliminary data from the National Statistics Institute. A flash estimate from August 14 predicted a 2% growth. Both assessment methods indicate that quarterly growth stands at 0.5%. The value of GDP per person amounts to 7,399 leva, or…
The Slovak food group I.D.C. Holding, owned by financier Pavol Jakubec, has announced its sale to Ireland’s Valeo Foods Group, backed by the global investment giant Bain Capital. “After 32 years of developing I.D.C. Holding from a local, traditional confectionary business into a major regional player in the category, it’s the right time for a…
Starting in 2029, heating with wood and coal will be entirely banned in Sofia. The regulation for this change was adopted two years ago, and the city began enforcing restrictions last winter, initially targeting polluting vehicles in the city center. This year, the ban on cars in central areas will be expanded. From January 1,…
In August, the Ministry of Finance made inter-budget transfers to local budgets in the amount of UAH 10.6 billion in accordance with the budget legislation, which was 107.1% of the allocations envisaged in the budget plan. In particular they included: – The basic subsidy in the amount of UAH 1.8 billion (100% of the allocation…
Over 60% of Ukrainian micro, small and medium-sized enterprises acknowledge a significant deterioration in their economic and financial performance indicators. The relevant statement was made by Alla Ivashchenko, Doctor of Economics, Associate Professor at Kyiv National Economic University named after Vadym Hetman, during the presentation “Resilience of Ukrainian Businesses amid Full-Scale Invasion”. According to Ivashchenko,…
Riga, which was previously been the leader among Baltic capital cities when it comes to the number of nights guests to the city spend there. This means Riga has lost its No. 1 position and is now No. 2, the President of the Association of Hotels and Restaurants of Latvia (LVRA) Andris Kalnins has said.…