During his working visit to Vienna, Ukraine’s Minister of Energy German Galushchenko held a meeting with Artur Lorkowski, Director of the Energy Community Secretariat. The parties discussed the integration of Ukraine’s and the EU’s energy markets and preparations for the negotiation process regarding Ukraine’s accession to the EU. A separate discussion focused on the new…
On June 12, two special investment agreements were signed in Lviv between the Cabinet of Ministers, Slavsko Village Council, and investors – Slavski LLC and Rozhanka Park LLC. Since autumn 2024, these companies have been implementing an investment project in partnership with Slavsko Village Council, with a total investment of EUR 140 million. The project…
Although converting leva into euros may appear straightforward – just divide by the fixed rate of 1.95583 – reality brings far more complexity. The transition comes with a massive logistical operation. According to preliminary Bulgarian National Bank (BNB) estimates, around 640 tons of banknotes and 7,700 tons of coins will be pulled from circulation, most…
Slovakia’s economy is losing steam. Once a regional growth leader, the country now ranks among the poorest performers in the European Union, coming 24th out of 27 in a new Prosperity Index compiled by Slovenska and Ceska sporitelna banks. Only Greece, Romania and Bulgaria fared worse. In contrast, neighbouring Czechia ranked 15th and Slovenia 4th.…
The Bulgarian National Bank (BNB) will stay the course with its conservative and stability-oriented monetary policy even after the country enters the eurozone. In an interview with Politico, BNB Governor Dimitar Radev confirmed that Bulgaria would continue to prioritize resilience, cohesion and price stability. “I lead one of the more conservative central banks, and we…
Over UAH 1 billion in subventions and grants has been allocated for the construction of school shelters in Dnipropetrovsk region. This was announced by Prime Minister Denys Shmyhal during a working visit to the region on June 12. The Head of Government inspected the construction of a shelter at one of the region’s educational institutions.…
The Government has decided to create an Online Entrepreneur’s Office, which will operate on the Diia.Business platform. This was announced by Prime Minister Denys Shmyhal during a Cabinet meeting on June 11. “Small and medium-sized businesses will be able to access personalised support programmes, enabling them to expand their operations with state assistance,” Denys Shmyhal…