On February 3, a Memorandum of Understanding on cooperation was signed between the Ukrainian Defence Industry and the Polish Armaments Group (PGZ). The document outlines the framework cooperation agreements between the defence industries of both countries. In particular, it covers the production of ammunition, maintenance of armoured vehicles and artillery, and strengthening of air defence.…
Valeri Belchev, former acting Minister of Finance, has recently expressed strong concerns about Bulgaria’s financial management, particularly focusing on the lack of proper budget management tools. In an interview with Bulgarian National Radio, Belchev criticized the absence of budget management software in key governmental institutions, including the Ministry of Finance. He called it absurd that…
Vilnius Airport officially opened new passenger departure terminal on February 4, considered one of the most advanced in the world. The terminal, which took over a year and a half to build and cost around 50 million euros, features state-of-the-art equipment and utilises artificial intelligence, according to Lithuanian Airports. It is equipped with systems that…
Financial expert Kamen Kolchev has advised against investing in real estate, warning that property prices in Bulgaria could drop by up to 20% upon the country’s entry into the eurozone, whenever that may happen. He pointed out that while Bulgarians had a strong preference for buying property, the limited development of financial instruments in the…
Ukrainians are already receiving more than 600 different types of medicines and medical products free of charge or with a small surcharge under the Affordable Medicines programme. This was announced by Prime Minister Denys Shmyhal at a meeting of the Cabinet on February 4. He stressed that last year the Government expanded the programme and…