The Ministry of Economy is working on expanding access to financing and compensation instruments for businesses in the Kherson region. In particular, adapting the program “Affordable Loans 5-7-9”, increasing the level of compensation for farmers in front-line territories and improving mechanisms for insurance of war risks. The relevant developments were presented by Deputy Ministers Taras…
Restaurant and cafe prices in Bulgaria have increased sharply over the past decade, rising by close to 110%, according to analysis by the Institute for Market Economics. Economist Adrian Nikolov pointed out that this growth significantly outpaced the rise in key cost components such as labor, electricity and raw materials, based on official data compiled…
Poland’s state National Development Bank (BGK) and the European Union’s European Investment Fund (EIF) have announced their first investments under a joint programme that funds Polish companies operating in the advanced technology sector. They are providing EUR 85 million (365 million zloty) to three Polish venture capital funds that specialise in identifying and financing early-stage…
According to the Estonian Ministry of Finance forecast published on April 2, growth will be driven by stronger private consumption-supported by changes to the income tax system-along with improving external demand that will stimulate corporate investment, and increased government spending. The ministry projects real GDP to grow by 2.3% this year and by 2.5% in…
One of the largest China-linked companies operating in Slovakia, Bluefin Century, has filed for bankruptcy, signalling a sudden exit from a market where it had generated tens of millions of euros in annual revenue. The company, which for years ranked among Slovakia’s biggest distributors of IT hardware, asked a court to open insolvency proceedings through…
The Cabinet of Ministers of Ukraine has approved a resolution drafted by the Ministry for Communities and Territories Development stipulating for an increase of the authorized capital of the SI “Energy Efficiency Fund” by UAH 629.7 million. As a result, the Fund’s authorized capital will exceed UAH 3.6 billion, enabling increased funding for a range…