During the one-month transition period after Bulgaria adopts the euro, ATMs across the country will distribute only euro banknotes. This measure will be in place during the dual circulation phase when both the lev and the euro will be legal tender. According to the Bulgarian National Bank (BNB), the official date for Bulgaria’s entry into…
Lithuania is in talks with Ukrainian manufacturers on the production of marine and missile drones, Defence Minister Dovile Sakaliene has announced. “We all like the Magura drone,” the minister told BNS in reference to the Ukrainian sea drone that had proved to be effective in striking Moscow’s ships and installations in the Black Sea and…
Foreign leaders’ requests to use Estonian airspace to attend Russia’s May 9 celebrations were “out of the question”, Minister of Foreign Affairs Margus Tsahkna (Eesti 200) said on May 7, following media reports the Baltic States had denied requests from visiting dignitaries. On May 9, dozens of foreign leaders will attend a ceremony to mark…
Following a working visit to Sumy region, a government meeting chaired by Prime Minister Denys Shmyhal addressed pressing regional issues. The Prime Minister announced that in 2025, the Government had allocated UAH 2.9 billion for programmes and projects aimed at the region’s reconstruction and development. This funding includes support for restoring infrastructure and the economy,…
In April, the Ministry of Finance, in line with budget legislation, facilitated the transfer of interbudgetary grants to local budgets amounting to UAH 15.3 billion, which represents 93.4% of the allocations scheduled for April. Specifically: – Basic grants were transferred in the amount of UAH 2.1 billion (100% of the scheduled allocations); – Additional grants…
Slovakia’s housing market is showing renewed strength after two years of decline, though the recovery remains uneven. Property prices stopped falling roughly a year ago, but substantial increases are so far concentrated in economically stronger regions, including Bratislava, Kosice and Trnava. Elsewhere, values are returning to previous peaks more slowly. In the first quarter of…
A Czech court on May 6 temporarily blocked the government in Prague from signing a multibillion-dollar agreement with South Korea for the construction of two nuclear reactors, according to multiple reports, making it highly unlikely that an official contract would be concluded this week. A South Korean consortium led by Korea Hydro & Nuclear Power…