Unmanned aerial vehicles are one of the top priorities for additional funding of Ukraine’s Defense Forces. Private investment can play a critical role in scaling up defense manufacturing, especially if foreign governments provide protection against wartime risks, Dan Rice, an American military expert, West Point graduate and current president of the American University Kyiv, has…
The transition to the euro will not necessitate the re-signing of existing contracts, Vasil Golemanski, Chairman of the Financial Supervision Commission (FSC), has clarified. He warned the public about a wave of scams exploiting uncertainty around the euro adoption process. Golemanski emphasized that individuals were being targeted with misleading offers that involved signing new agreements…
Food producers in Bulgaria have raised prices on the domestic market significantly more than on export markets, according to the latest data from the National Statistical Institute up to the end of June. Over the past year, prices for food sold domestically have increased by 22.8%, while export prices for food products have grown by…
Kyiv has approached Warsaw with a request for a EUR 120-million loan to purchase military products from Poland’s defense industry, Ukraine’s Minister of Foreign Affairs Andrii Sybiha has said. According to the foreign minister, Poland-made weapons – particularly the Piorun MANPADS and Krab self-propelled howitzers – have proven highly effective and battle-tested, which is why…