On August 13, the European Prosecutor’s Office gained access to the gas operator Bulgartransgaz with the assistance of local police. The European Commission has declined to comment on the ongoing investigation, and the exact number of participants remains undisclosed. The Ministry of Internal Affairs revealed that the investigation was related to the Turkish gas company…
Last week, entrepreneurs received 412 soft loans totalling UAH 1.8 billion from authorised banks under the state programme “Affordable Loans at 5-7-9%”, including 330 loans from public sector banks for about UAH 1.2 billion. Since the beginning of 2024, entrepreneurs have received 14,645 loans worth UAH 55.2 billion under the Programme, including 11,101 loans worth…
Prime Minister of Ukraine Denys Shmyhal met with U.S. Senators Lindsey Graham (Republican Party) and Richard Blumenthal (Democratic Party). The Head of Government of Ukraine noted that continued bipartisan support of the United States was crucial for Ukraine in the future. He also thanked the Senate for voting for the initiatives that were essential for…
In June, Bulgaria saw a notable increase in the total number of overnight stays in hotels and other accommodation, reaching 3.5 million, which marked a 5.9% rise from the previous year, according to the National Statistical Institute. The overall number of overnight stays grew by 6%, while hotel occupancy rates also improved, climbing by 2%,…
The first Lithuania-manufactured first-person view (FPV) drones are expected to be delivered to Ukraine in September, according to the Defence Ministry. “It is planned that the first FPV drones to be purchased (from Lithuanian manufacturers) could be handed over to Ukraine as early as the second half of September,” the ministry said in a comment…
The Bulgarian National Bank (BNB) anticipates a gradual slowdown in annual inflation during the second half of the year, as outlined in Issue 2 of its quarterly publication, “Ikonomicheski pregled” (Economic Review), available on the central bank’s website. According to the report, private consumption and rising unit labor costs, particularly in the context of labor…
Finance Minister Serhii Marchenko called on Western allies to speed up the allocation to Ukraine of a $50-billion loan, arguing that delays in arms deliveries had led to a rising budget deficit. The minister spoke in a comment to the Financial Times. According to him, the slow supply of weapons, especially from the United States,…