On April 18, the Minister of Finance of Ukraine Sergii Marchenko and the Ambassador of Japan to Ukraine Masashi Nakagome signed an agreement in the form of an exchange of notes. The agreement provides for a loan to Ukraine of up to 471.9 billion yen (about $3 billion). The funds are part of the Extraordinary…
Despite the global escalation of the trade war, there have been no significant negative trends in Bulgaria’s tourism sector so far. Konstantin Zankov, chief expert at the Institute for Analysis and Evaluation in Tourism, shared this insight in an interview on Bloomberg TV. Zankov noted that tourism was typically one of the first sectors to…
Slovakia ended 2024 with a public finance deficit of 5.3% of GDP – lower than feared, but still among the worst in the European Union and well above the bloc’s 3% ceiling. With debt now nearing 60% of GDP, the country’s long-term fiscal sustainability is in serious question, according to national watchdogs. When Prime Minister…
Intercompany debt is a common aspect of the business landscape, both in Bulgaria and Western Europe. Often seen as a sign of growth, it reflects businesses expanding and investing in new opportunities. When managed properly, this indebtedness can boost turnover and accelerate development. However, risks arise when such debt is mismanaged, leading to deferred payments…
The Ministry of Economy of Ukraine presented the first integrated report on the implementation of the National Energy and Climate Plan (NECP) at the High-Level Advisory Group (HLAG) meeting held on April 16. The event was attended by Deputy Minister of Economy of Ukraine Andrii Teliupa and also brought together representatives of the European Commission,…