Three dominant forces – historically low unemployment, persistent regional disparities and rapid technological transformation – shaped Slovakia’s labour market in 2024. According to data from ManpowerGroup, the top-ranked recruitment agency, as many as 79% of employers reported difficulties in filling vacancies. The greatest talent shortages were seen in transport and logistics (87%), healthcare and pharmaceuticals…
Between 50,000 and 70,000 foreign workers may enter Bulgaria until the end of 2025 if the current pace of labor import continues. This estimate was presented by Social Minister Borislav Gutsanov during a session of the parliamentary committee on labor and social policy. According to him, the country has already seen as many workers from…
During his working visit to Vienna, Ukraine’s Minister of Energy German Galushchenko held a meeting with Artur Lorkowski, Director of the Energy Community Secretariat. The parties discussed the integration of Ukraine’s and the EU’s energy markets and preparations for the negotiation process regarding Ukraine’s accession to the EU. A separate discussion focused on the new…
On June 12, two special investment agreements were signed in Lviv between the Cabinet of Ministers, Slavsko Village Council, and investors – Slavski LLC and Rozhanka Park LLC. Since autumn 2024, these companies have been implementing an investment project in partnership with Slavsko Village Council, with a total investment of EUR 140 million. The project…
Although converting leva into euros may appear straightforward – just divide by the fixed rate of 1.95583 – reality brings far more complexity. The transition comes with a massive logistical operation. According to preliminary Bulgarian National Bank (BNB) estimates, around 640 tons of banknotes and 7,700 tons of coins will be pulled from circulation, most…
Slovakia’s economy is losing steam. Once a regional growth leader, the country now ranks among the poorest performers in the European Union, coming 24th out of 27 in a new Prosperity Index compiled by Slovenska and Ceska sporitelna banks. Only Greece, Romania and Bulgaria fared worse. In contrast, neighbouring Czechia ranked 15th and Slovenia 4th.…
The Bulgarian National Bank (BNB) will stay the course with its conservative and stability-oriented monetary policy even after the country enters the eurozone. In an interview with Politico, BNB Governor Dimitar Radev confirmed that Bulgaria would continue to prioritize resilience, cohesion and price stability. “I lead one of the more conservative central banks, and we…