On June 12, two special investment agreements were signed in Lviv between the Cabinet of Ministers, Slavsko Village Council, and investors – Slavski LLC and Rozhanka Park LLC. Since autumn 2024, these companies have been implementing an investment project in partnership with Slavsko Village Council, with a total investment of EUR 140 million. The project…
Although converting leva into euros may appear straightforward – just divide by the fixed rate of 1.95583 – reality brings far more complexity. The transition comes with a massive logistical operation. According to preliminary Bulgarian National Bank (BNB) estimates, around 640 tons of banknotes and 7,700 tons of coins will be pulled from circulation, most…
Slovakia’s economy is losing steam. Once a regional growth leader, the country now ranks among the poorest performers in the European Union, coming 24th out of 27 in a new Prosperity Index compiled by Slovenska and Ceska sporitelna banks. Only Greece, Romania and Bulgaria fared worse. In contrast, neighbouring Czechia ranked 15th and Slovenia 4th.…
The Bulgarian National Bank (BNB) will stay the course with its conservative and stability-oriented monetary policy even after the country enters the eurozone. In an interview with Politico, BNB Governor Dimitar Radev confirmed that Bulgaria would continue to prioritize resilience, cohesion and price stability. “I lead one of the more conservative central banks, and we…
Over UAH 1 billion in subventions and grants has been allocated for the construction of school shelters in Dnipropetrovsk region. This was announced by Prime Minister Denys Shmyhal during a working visit to the region on June 12. The Head of Government inspected the construction of a shelter at one of the region’s educational institutions.…