A remarkable shift in Bulgaria’s energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament. The data reveal a staggering increase of over 140% in electricity production from photovoltaic plants, accompanied by a significant decline in output from coal-fired power plants in the…
US Secretary of State Antony Blinken praised the Baltic countries for their defence budgets and support for Ukraine, calling them “leaders in NATO”. He met the foreign ministers of Lithuania, Latvia and Estonia on March 25. “These three allies have been leaders in NATO, contributing significantly to their defence budgets, leading the way in NATO…
The Government approved Resolution No. 310 “On amendments to the Procedure for providing financial state support to business entities”. The Resolution was prepared by the Ministry of Agrarian Policy and Food of Ukraine. It concerns enterprises that have received funds under the Affordable Loans at 5-7-9 programme. The possibility to extend the loans is provided…
Ukrainians spent almost UAH 15.8 billion on the purchase of new passenger cars in the first two months of 2024. The Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom) said this in a post on Telegram. According to the association, about half of this amount was spent on the purchase of five brands of cars. In particular,…
The European Union in the last years has backed 18 settlements of Moldova with over 36.5 million euros, thus significantly contributing to the improvement of the citizens’ living standards. Within the project “Construction of the infrastructure of water and sewerage supply, as well as of energy efficiency in public buildings” EU invested considerable resources, in…
It will not be possible to double the annual tax-free income allowance to 60,000 zloty (EUR 13,929), which Prime Minister Donald Tusk has previously promised to do this year, until 2026 at the earliest, the finance minister has admitted. He says “there is no room” in the budget for the measure before then because Poland…
The housing market in Bulgaria witnessed mixed trends in the fourth quarter of 2023, with overall prices experiencing a modest increase of 1.2%, according to the latest data released by the National Statistics Institute. While this marks a slowdown compared to the preceding quarter’s growth of 2.7%, the market continues to show resilience amid evolving…