Prime Minister Rosen Zhelyazkov, accompanied by his three deputy prime ministers, delivered a comprehensive progress report on the implementation of the government’s policy agenda. In a media statement, Zhelyazkov emphasized that the government’s program was adopted in record time – just 38 days after the cabinet took office – and outlined the main goals and…
As part of its fiscal consolidation efforts, the Slovak government introduced a tax on sugary drinks and syrups earlier this year. The move has led to a steep rise in prices – by 30% to 50% for soft drinks, and in some cases, syrup and juice concentrate prices have doubled compared to the previous year.…
Plovdiv has emerged as the most dynamic regional office market in Bulgaria, with over 237,000 square meters of Class A and B office space, according to the latest “Offices in Regional Cities in Bulgaria” report published by Colliers International. The office market in Plovdiv shows signs of maturity and stability, largely driven by sustained demand…
On May 13, First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko met with Alfonso Garcia Mora, Vice President of the International Finance Corporation (IFC) for Europe, Latin America and the Caribbean. The meeting was also attended by First Deputy Minister of Economy Oleksii Sobolev and IFC representatives. Key topics of discussion…
The Government has adopted several key decisions to improve access to business lending. This was announced by Prime Minister Denys Shmyhal during a Cabinet meeting on May 13. “Access to affordable loans for small and medium-sized businesses is another critical element of state support,” he emphasised. According to Denys Shmyhal, the first decision involves securing…
A significant portion of Bulgarians’ savings is already held in euros, signaling the country’s readiness for the currency switch, even before its official adoption. According to Petar Chobanov, Deputy Governor of the Bulgarian National Bank (BNB), 25% of household deposits and 32% of business deposits are currently in euros. This reflects a pragmatic approach by…
The mobile network operator “Latvijas Mobilais Telefons” (LMT) will become the distributor of South Korean technology company Samsung’s tactical smart devices in the Baltic States, LMT representatives have announced. This week, in collaboration with Samsung and representatibaves from the defence, interior and justice sectors, LMT presented a tactical smart device-a smartphone adapted for military and…