The total amount of Ukraine’s state and state-guaranteed debt as of the end of June reached $184.84 billion, increasing by $3.88 billion over month. This was reported by the Ministry of Finance of Ukraine. As of June 30, Ukraine’s state and state-guaranteed debt amounted to UAH 7,696.95 billion, or $184.84 billion. “During June, the amount…
On July 24, a series of tripartite consultations commenced in Kyiv between the Ministry of Economy, Environment and Agriculture of Ukraine, representatives of employers and trade unions and the International Labour Organization (ILO) to finalise the updated draft of Ukraine’s Labour Code. The first meeting focused on discussing provisions of Book I – the general…
Since the beginning of the public campaign to explain Bulgaria’s adoption of the euro, over BGN 1 billion has flowed into the country’s banking system. The shift appears to be largely driven by growing public awareness and confidence regarding the upcoming currency transition. Banks in Bulgaria were among the first sectors to begin preparing for…
Latvian specialty coffee chain Kalve Coffee is expanding into Lithuania, with its first cafe set to open in Vilnius in early August. The company also plans to open additional locations across the country. According to Lithuania’s Centre of Registers, Kalve Coffee established a company under the same name in June as part of its entry…
About 31% of Bulgarian companies have used the services of the Bulgarian Trade and Economic Services abroad, according to a survey by the Bulgarian Chamber of Commerce and Industry. 32% of respondents said they did not know what services the foreign representative offices of the Ministry of Economy provided. 37% indicated that they only worked…
On July 24, a ceremony to hand over heat pump equipment for the Vinochok kindergarten was held in Boryspil (Kyiv region). The equipment was handed over as part of the joint Emergency Recovery and Reconstruction Project with the support of the Japan International Cooperation Agency (JICA). The event was attended by the Deputy Minister of…
Italy is interested in cooperating with Ukraine in weapons production, and specific projects are already being developed, Davyd Aloian, Deputy Minister for Strategic Industries (the Ministry of Strategic Industries is currently in the process of merging with the Ministry of Defense), has said. “The Italian side has begun actively engaging with us on specific business-to-business…