Latvia’s government has agreed to offer Estonia and Lithuania the opportunity to purchase shares in Latvian airline airBaltic. Minister of Infrastructure Kuldar Leis (Reform) said no decision would be made until a concrete offer was put forward. While the idea has been raised before, this is the first time the Latvian Ministry of Transport has…
Bulgaria has secured an additional 300 million leva in debt from the domestic market, according to the results of the latest government securities auction held by the Bulgarian National Bank (BNB). This is the first bond issue following the favorable assessments from both the European Central Bank and the European Commission regarding Bulgaria’s progress toward…
The Government of Ukraine has adopted a number of decisions to support businesses under the “Made in Ukraine” programme. Prime Minister of Ukraine Denys Shmyhal announced this during a session of the Cabinet of Ministers on June 18. “The first decision is to create an option for construction contractors to submit documents for the start…
Changes to the Charter of NPC Ukrenergo have been registered, which strengthen the role of the state in making strategic decisions, the Ministry of Energy of Ukraine reports. “The Ministry of Energy is grateful to international partners for supporting the ministry’s position on legally strengthening the role of the state in making important strategic decisions,”…
In April, Bulgaria recorded a current account deficit of 724.9 million euros, marking the largest monthly shortfall since January 2022, according to the latest data from the Bulgarian National Bank (BNB). This figure contrasts with a deficit of 505.8 million euros in the same month last year. Over the first four months of 2025, the…
The three Baltic States and Poland have agreed to work together to jointly protect their critical energy infrastructure, newspaper Postimees reports. A memorandum signed between the four countries on June 16 established a cross-border and inter-agency working group. The document outlines key areas of cooperation, such as information sharing, joint exercises and exchange of best…
Several Bulgarian banks have introduced a period during which individuals can deposit cash in leva into their accounts free of charge. The initiative is part of preparations for the country’s adoption of the euro on January 1 next year. According to Tsvetanka Mincheva, Deputy Chair of the Association of Commercial Banks in Bulgaria, leva deposits…