In April, Bulgaria’s inflation rate reached 2.8% YoY, marking an increase of 0.3% compared to the same month in 2024, when it was 2.5%, according to Eurostat. This development comes as the country anticipates a positive convergence report on June 4, a critical step toward adopting the euro on January 1, 2026. According to Finance…
The Ministry of Strategic Industries of Ukraine and the Better Regulation Delivery Office (BRDO) have signed a Memorandum of Cooperation to advance the development of the defence-industrial sector. The parties have formalised their joint commitment to improving state policy in the defence-industrial sector and fostering its growth based on transparency, efficiency and openness to innovation.…
Prime Minister Denys Shmyhal says that Ukraine plans to put into operation about 1 GW of generation in 2025. “We pay great attention to the restoration of energy facilities. We continue repairs. We launch new generation. We help people and businesses install additional capacity. About 1 GW of generation is planned to be put into…
The European Bank for Reconstruction and Development (EBRD) has introduced its Star Venture programme in Bulgaria, aiming to provide strategic support to high-potential startups. After a competitive selection process, 15 startups presented their business concepts at the Planet Schwarz Tech Theatre in Sofia, with six emerging as the final winners. The selected startups – THE…
During the past week, fuel prices across the Baltic capitals moved in different directions. In Riga, prices fell noticeably, while Tallinn saw increases, and in Vilnius, only petrol prices changed. At the end of the workweek, Tallinn recorded the highest petrol prices, followed by Riga and Vilnius. On the other hand, Vilnius had the most…
During the Investor.bg Banking Today conference, held on May 13 at the Inter Expo Center, Prof. Raul Eamets emphasized that Bulgaria was practically already linked to the euro due to the currency board. Eamets, a former member of the Supervisory Board of the Estonian Central Bank and chief economist at Bigbank, questioned the opposition to…
If the full Rail Baltica line is not completed until 2030, financial sanctions will be imposed on all three participating Baltic States – Latvia, Lithuania and Estonia – according to discussions this week in Estonia’s Anti-Corruption Committee, as reported by Estonian public broadcaster ERR. Latvia’s Ministry of Transport confirmed this information. Amid rising concerns that…