Estonia, Latvia and Lithuania will jointly apply for more funding from the European Union to cover the rapidly rising costs of the Rail Baltic line. The three countries’ transport ministries signed a joint statement in Lithuania’s capital, Vilnius, on May 27. Estonia was represented by Minister of Infrastructure Kuldar Leis (Reform). The ministers plan to…
Bulgaria stands out as one of the world’s leading exporters of herbs, a fact underscored by the Minister of Agriculture and Food during his visit to China for the opening of the International Tea Day 2025 in Hangzhou, as announced by the Ministry of Agriculture. Among the Bulgarian herbs that enjoy high demand internationally are…
The Pension Fund of Ukraine has timely finalised the payment of pensions for May, having transferred almost UAH 68 billion to Ukrainian pensioners. This was announced by Prime Minister of Ukraine Denys Shmyhal during a meeting of the Cabinet of Ministers on May 27. He stressed that the fulfillment of social obligations remained a key…
Minister of Agrarian Policy and Food of Ukraine Vitalii Koval participated in the EU Agriculture and Fisheries Council (AGRIFISH) meeting in Brussels. AGRIFISH serves as a platform where agriculture and fisheries ministers from the 27 EU member states, alongside EU commissioners, shape key decisions in European agriculture policy. The minister informed his European counterparts that…
The Association of Banks in Bulgaria has issued a statement expressing unequivocal support for Bulgaria’s accession to the eurozone on January 1, 2026. In its message, the organization emphasizes that the country’s banking sector is already deeply integrated with the eurozone, paving the way for a smooth transition. The Association acknowledges the significant progress in…
Since Bulgaria’s accession to the Schengen area, noticeable changes have been reported in the transport and logistics sector, bringing clear benefits for companies engaged in transport services as well as those with goods to move. Industry representatives say these changes are already making a difference. For the region, Schengen membership is crucial for enhancing the…
Since the start of 2025, businesses have received 11,206 concessional loans under the Affordable Loans at 5-7-9% programme, totalling UAH 35.4 billion. Since the programme’s inception in February 2020, businesses have secured over 115,000 loans amounting to UAH 401.5 billion. Last week, Ukrainian entrepreneurs obtained 648 concessional loans worth UAH 1.8 billion. “Since the launch…