In a country grappling with high deficits and mounting pressure to consolidate its finances, Slovakia’s leading employers have unveiled a detailed cost-cutting plan they claim could save the state EUR 6.5 billion – without raising taxes. “Raising taxes is the easy way out of poor fiscal management,” said Republic Union of Employers (RUZ) president Miroslav…
Bogomil Nikolov from “Active Consumers” believes that Bulgaria’s transition to the euro will be much easier compared to countries like Croatia or Slovakia, thanks to the fixed exchange rate. In an interview with Bulgarian National Radio, he explained that this fixed exchange rate would ensure that the dual display of prices during the changeover would…
The primary focus of Ukraine’s Export Strategy until 2030, currently being developed by the Ministry of Economy, will be to boost the production of high value-added products and expand opportunities for Ukrainian exporters. This was announced by Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, during the conference “Export in War Conditions:…
20 Ukrainians aged under 25 have won the youth component of the Vlasna Sprava grant program following the results of the 2025 eighth wave. They will receive UAH 3 million to start their businesses. In total, 280 young entrepreneurs have received a positive decision to receive grants since the program was launched. This was announced…
The co-chair of “We Continue the Change” Asen Vassilev said he did not expect a surge in consumer prices in Bulgaria after the adoption of the euro, arguing that the concerns were not backed by evidence. He explained that in countries that had already switched to the euro, any price growth was mainly seen in…
According to the latest Eurobarometer survey released recently, half of the Bulgarian population opposes the adoption of the euro, with 50% against and 43% in favor. This puts Bulgaria among five EU countries where the majority is against joining the eurozone. The other countries sharing this stance include Sweden (55%), Poland (59%), the Czech Republic…
A number of bilateral documents aimed at strengthening the partnership between the two countries were inked during a meeting between Prime Ministers of Ukraine Denys Shmyhal and of the Republic of Finland Petteri Orpo. Following the bilateral talks, the two Prime Ministers adopted a Joint Statement outlining the areas of economic cooperation, implementation of joint…