Bulgarian National Bank (BNB) Governor Dimitar Radev downplayed concerns that adopting the euro would lead to a meaningful or lasting rise in inflation. He emphasized that any price increases would be minor and temporary, noting that Bulgarian and eurozone interest rates were already near neutral levels. Annual inflation hit 4% in March, driven by adjustments…
Bratislava is set to welcome a new addition to its growing fast-food landscape. Croatian chain Koykan, known for its globally inspired menu and commitment to healthier ingredients, is making its debut in Slovakia’s capital with two branches scheduled to open in the Eurovea and Aupark shopping centres. Founded in Zagreb in 2012 by a group…
Rumen Draganov from the Institute for Evaluation and Analysis in Tourism spoke to Bulgarian National Radio about the transition to the euro in Bulgaria, particularly regarding the tourism sector. According to him, tourism in Bulgaria has effectively been operating with the euro for years, and there is no psychological obstacle to the change. “In euros,…
Minister of Agrarian Policy and Food of Ukraine Vitalii Koval opened the UNIDO Vienna Food Safety Forum 2025 in Austria. UNIDO is the United Nations organisation focused on industrial development. Deputy Minister Oksana Osmachko also participated in the event. Vitalii Koval expressed gratitude to all those supporting Ukraine in these challenging times, aiding its resilience…
The Government team is systematically working to enhance resilience at the local level, ensuring that every person in a community receives essential services. This was emphasised by Prime Minister Denys Shmyhal during the III International Summit of Cities and Regions “United for Peace and Security”. The event was attended by President of Ukraine Volodymyr Zelenskyy…
Bulgaria now proudly counts a second unicorn company – Shelly Group, formerly known as Allterco, has reached a market valuation exceeding billion. Following in the footsteps of Payhawk, the company behind smart home and energy automation products officially crossed the milestone, as confirmed by founder and CEO Dimitar Dimitrov. Traded on both the Sofia and…
Bulgaria’s economy posted a 3.1% YoY growth in gross domestic product (GDP) in the first quarter of 2025, and a 0.6% increase compared to the final quarter of 2024, according to seasonally adjusted preliminary data released by the National Statistical Institute (NSI). In absolute terms, the GDP in the January-March period stood at 45.6 billion…