On July 16, the Verkhovna Rada of Ukraine supported amendments to the Law of Ukraine “On the State Budget of Ukraine for 2025” in its first reading, aimed at ensuring financial support for the security and defence sector and addressing urgent priorities. Bill 13439-3 replicates all provisions of the Government’s draft (reg. No. 13439) prepared…
At a briefing, Finance Minister Temenuzhka Petkova expressed optimism that Bulgaria was on track to meet the eurozone’s price stability criterion once again in June. Citing the 12-month Harmonized Index of Consumer Prices (HICP) published by Eurostat, Petkova noted that Bulgaria’s inflation stood at 2.8%, slightly below the preliminary eurozone average of 2.9%. Turning to…
In eastern Slovakia, engineers are working on what could become one of Europe’s most innovative green transport solutions – a hydrogen-powered aircraft capable of vertical take-off and landing (VTOL). Supported by the European Union as one of its flagship clean mobility projects, the H2 VTOL is being developed by Tomark Proton, a Slovak company specialising…
On July 15, the international credit rating agency S&P Global Ratings raised Sofia Municipality’s long-term credit rating from “BBB” to “BBB+”, assigning it a stable outlook. The upgrade reflects the capital’s strong fiscal position and anticipates benefits stemming from Bulgaria’s anticipated accession to the eurozone. Deputy Mayor for Finance Ivan Vassilev commented on the development,…
On July 15, the Cabinet of Ministers of Ukraine adopted a resolution that regulated and standardised the processes for creating and maintaining several key registries by customs authorities: – The Unified State Register of Authorised Economic Operators; – The Register of Guarantors; – The Register of Enterprises Engaged in Customs Brokerage Activities; – The Register…