The Zbroyari: Manufacturing Freedom initiative continues to attract funds to the Ukrainian defence industry. In 2024 the initiative raised more than $1.5 billion. Most of the funds allocated were received in the last quarter of the year. Thus, 9 countries have joined the initiative: Denmark, Canada, the Netherlands, Lithuania, the United Kingdom, Sweden, Norway, Iceland,…
Despite the measures imposed by the Bulgarian National Bank (BNB), housing lending in Bulgaria continues to rise rapidly. In November 2024 commercial banks approved housing loans totaling 923 million leva, marking an increase of nearly 5% from October 2024 and 22.5% compared to November 2023, according to BNB data. This follows a similar upward trend…
Israeli Ambassador to Bulgaria Yossi Levi-Sfari expects an increase in Israeli tourists to Bulgaria following the recent Gaza ceasefire agreement. He emphasized that Israel’s citizens preferred nearby and friendly destinations for their vacations, and Bulgaria fit this description perfectly. The diplomat pointed to the long-standing historical ties between the two nations and noted that multiple…
Bulgaria’s potential membership in the Eurozone continues to generate mixed messages, influenced by coalition politics and unmet criteria. According to Simeon Dyankov (deputy prime minister and minister of finance from 2009 to 2013), the chance of entering the Eurozone until January 2026 is negligible. Dyankov expressed skepticism that the coalition led by Temenuzhka Petkova could…
This year the Government has allocated UAH 1.6 billion for the purchase of school buses. Thanks to the subvention, communities will be able to purchase new vehicles or replace those destroyed by the war. In total, it is planned to purchase about 460 buses for Ukrainian schools. Procurement will be carried out through the Prozorro…