Almost a quarter of Bulgaria’s economy is in the shadow sector – about 23-24%. “On the other hand, there is not enough money for pension benefits, for young people, but for paying the second year of maternity leave for young mothers. Well, how could there be enough funds when a significant part of the business…
Deputy Minister of Economy, Environment and Agriculture of Ukraine Denys Bashlyk met with representatives of the International Fund for Agricultural Development (IFAD). The main topic was the DOBRO (Development of Business and Rural Opportunities) project aimed at rural development. The participants discussed the DOBRO project, set to be approved this year, and identified priority areas…
Deputy Minister of Economy, Environment and Agriculture of Ukraine Denys Bashlyk met with a delegation from the Japan International Cooperation Agency (JICA) to discuss future cooperation plans. Denys Bashlyk thanked the Japanese side for their active technical, financial, and resource support to Ukraine and outlined the work of the newly formed ministry and the key…
Greek tourists continue to show a steady interest in Bulgaria, with travel combining both leisure and religious motives. According to tour operators, the easing of cross-border travel has further encouraged this trend, making Bulgaria an increasingly attractive destination for visitors from the south. A recent analysis by the Institute for Marketing and Analysis at the…
The Parliament has supported key draft laws on Defence City, a special legal regime to support domestic enterprises in the defence-industrial complex. The aim of the special regime is to increase the production of modern Ukrainian weapons and military equipment, develop cutting-edge technologies, attract investment to the sector and enhance the capabilities of the Defence…
In 2024, the total profit of state-owned enterprises in Ukraine almost doubled compared to the previous year, reaching over 16 billion hryvnias against 8.8 billion in 2023. At the same time, the amount of losses of state-owned companies decreased by almost 3 billion hryvnias. The main profits were provided by enterprises in the processing industry…
BORICA has officially become the first and only Bulgarian provider registered in the public register of the European Payments Council (EPC), following the completion of registration and technical compliance procedures. This milestone positions Bulgaria alongside technologically advanced European markets where online transfers are secured by verifying that the IBAN and the recipient’s name match. The…