Bulgaria: S&P upgrades Sofia’s credit rating

On July 15, the international credit rating agency S&P Global Ratings raised Sofia Municipality’s long-term credit rating from “BBB” to “BBB+”, assigning it a stable outlook. The upgrade reflects the capital’s strong fiscal position and anticipates benefits stemming from Bulgaria’s anticipated accession to the eurozone. Deputy Mayor for Finance Ivan Vassilev commented on the development,…

Ukraine: Government standardises procedures for creating and maintaining key customs registries

On July 15, the Cabinet of Ministers of Ukraine adopted a resolution that regulated and standardised the processes for creating and maintaining several key registries by customs authorities: – The Unified State Register of Authorised Economic Operators; – The Register of Guarantors; – The Register of Enterprises Engaged in Customs Brokerage Activities; – The Register…

Ukraine: Prime Minister discusses expanding cooperation in defence industry and innovation with Latvian counterpart

A meeting between the Prime Ministers of Ukraine and Latvia, Denys Shmyhal and Evika Silina, took place in Kyiv. The parties discussed bilateral cooperation across various sectors. The Head of the Ukrainian Government expressed gratitude to Latvia for its support and consistent assistance to Ukraine in military, political, humanitarian and sanctions-related areas. “We value Latvia’s…