Bulgaria has set up interdepartmental working groups to expedite the implementation of projects for the construction of new nuclear facilities at the Kozloduy NPP and the Vertical Gas Corridor. Their main goal is to assist in executing all legal procedures related to these projects. The projects, part of the Vertical Gas Corridor initiative involving Bulgaria,…
As warmer weather is expected to come to Ukraine this week, the situation of the country’s power system may improve, but deficit periods will emerge in place for a long time, Volodymyr Kudrytskyi, head of NEC Ukrenergo, has declared. “We will long have periods of power shortages, when we will have to apply shutdowns. This…
Since the beginning of the year, 6,724 agricultural enterprises have received UAH 43.2 billion in bank loans for development. Of these, 3,980 farms were financed for UAH 18.3 billion under the Government’s Affordable Loans at 5-7-9 programme. Farmers in the following regions received the largest amount of loans under various programmes: – Kyiv region –…
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria’s potential adoption of the euro in 2025 or early 2026. He cited the recent decrease in inflation reported by the National Statistical Institute (NSI) as a positive sign, indicating progress towards meeting the criteria for Eurozone entry. Voinov highlighted the importance of sustaining this…
Poland’s parliament has almost unanimously supported a package of measures proposed by the government to provide financial support to help parents of young children return to work. The legislation would offer parents a choice of one of three types of benefit for children aged between 12 and 35 months. One of the options is entirely…
In the first quarter of 2024, Bulgaria’s economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year. The primary drivers of economic growth during the first three months of the current year were a…
In April, 7,400 public customers announced procurements through the Prozorro system for a total of UAH 78.5 billion. This was announced by Deputy Minister of Economy of Ukraine Nadiia Bihun. “Despite the full-scale war, the public procurement sector continues to develop dynamically. We have already reached the level of procurement that existed before the full-scale…