Polish state-owned defence firm Mesko has increased its production of small-calibre ammunition 5-fold, from 50 million to 250 million pieces a year, thanks to the establishment of a new production hall. That means output has now reached around 1 million bullets per working day, Prime Minister Donald Tusk has noted during a visit to the…
Annual inflation in Bulgaria accelerated slightly in May, reaching 3.7%, up from 3.5% recorded in April, according to the latest figures from the National Statistical Institute. On a monthly basis, however, consumer prices remained unchanged for a second consecutive month. The average annual inflation for the 12-month period between June 2024 and May 2025 stands…
The First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine Yuliia Svyrydenko met with a Polish delegation headed by the Minister of Economic Development and Technology of the Republic of Poland Krzysztof Paszyk in Kyiv. The parties discussed the deepening of economic cooperation, steps to attract investment in the Ukrainian economy and…
On June 13, Ukraine received the fifth tranche from the EU amounting to EUR 1 billion under the G7 initiative Extraordinary Revenue Acceleration for Ukraine (ERA). In total, under the ERA initiative, the Ministry of Finance has already raised EUR 7 billion from the European Union. It is expected that the remaining funds from the…
The CEO of the Sofia Commodity Exchange Vasil Simov dismissed speculation about any dramatic price hikes on the market, stating that current conditions did not support such developments. Speaking on market trends in agricultural goods such as wheat, corn, sunflower and oil, Simov stressed that barring major geopolitical disruptions – especially wars – the market…
Three dominant forces – historically low unemployment, persistent regional disparities and rapid technological transformation – shaped Slovakia’s labour market in 2024. According to data from ManpowerGroup, the top-ranked recruitment agency, as many as 79% of employers reported difficulties in filling vacancies. The greatest talent shortages were seen in transport and logistics (87%), healthcare and pharmaceuticals…
Between 50,000 and 70,000 foreign workers may enter Bulgaria until the end of 2025 if the current pace of labor import continues. This estimate was presented by Social Minister Borislav Gutsanov during a session of the parliamentary committee on labor and social policy. According to him, the country has already seen as many workers from…