A quarter of household savings in Bulgaria are now held in euros, reflecting growing confidence in the currency and its widespread use. According to Petar Chobanov, Deputy Governor of the Bulgarian National Bank (BNB), 25% of household deposits and 32% of corporate deposits are already denominated in euros. He attributes this trend to Bulgaria’s strong…
Ukraine’s Presidential Commissioner for Sanctions Policy Vladyslav Vlasiuk says that among the Russian companies on which Ukraine has imposed sanctions are energy and metallurgical enterprises that contribute to the Russian defense program. Vlasiuk reported this on Facebook on May 1. “New sanctions decrees are on the website, and sanctions are in the NSDC register. I…
A Ukrainian delegation met with Lithuania’s Deputy Foreign Minister Julius Pranevicius to discuss the development of joint projects in the defense industry. The Ministry for Strategic Industries of Ukraine reported this on Facebook. “Ukrainian enterprises are growing stronger every day, producing more and more weapons essential for Ukraine’s defense. But through cooperation with Western companies,…
Six HIMARS multiple launch rocket systems were handed over to the Estonian Defense Forces at Amari Air Base on April 30, significantly boosting Estonia’s long-range strike capability. The acquisition of six HIMARS systems is one of Estonia’s largest-ever arms procurements. The Estonian Center for Defense Investments (RKIK) signed the contract with the U.S. Defense Security…
The Energy and Water Regulatory Commission (EWRC) has approved the natural gas price in Bulgaria for May, setting it at 64.40 BGN per megawatt-hour (MWh), excluding fees for access, transmission, excise, and VAT. This marks a 14.22% decrease compared to the rate for April. The pricing structure includes the full contracted volume of Azerbaijani natural…
On April 30, a meeting of the Anti-Crisis Energy Headquarters, chaired by Prime Minister of Ukraine Denys Shmyhal, addressed the outcomes of the previous heating season and preparations for the upcoming autumn-winter period. According to the Ministry of Energy, no electricity restrictions have been applied to household consumers since December 30, 2024, while limitations for…
The Cabinet of Ministers endorsed a draft law on the ratification of the Comprehensive Economic Partnership Agreement between the Government of Ukraine and the Government of the United Arab Emirates (UAE). This was reported by the Ministry of Economy. It is noted that the agreement provides for the free trade between the two countries by…