In a recent report released by the National Statistical Institute (NSI), November witnessed a diverse range of shifts in Bulgaria’s business climate index across significant industries. The overall business climate index for the month settled at 21.6%, reflecting a marginal decline from the preceding month’s figure of 22%. The composite indicator gauging the “business climate…
Poland is likely to see no changes in the interest rates until the end of 2024, with GDP growth of 3.1% over the period, the S&P Global Ratings agency has said in a forecast. In the report dated November 27, S&P economists raised their estimate of Poland’s GDP by 0.1% in 2024, while expecting Poland’s…
Since the start of 2023, successfully held auctions via the Prozorro.Sale system have replenished the budgets of various levels with UAH 12.49 billion, including UAH 197 million in the past week. The Prozorro.Sale press service said this in a post on Facebook. “In 2023, the Prozorro.Sale system replenished budgets of various levels with UAH 12.49…
The Government has set up an organisational preparatory committee for the annual Ukraine Recovery Conference to be held in Berlin next year. This was announced by Prime Minister Denys Shmyhal. “The task is not only to attract resources for rapid reconstruction, but also to determine the long-term perspective and to synchronise reconstruction with European integration.…
Livada Moldovei project urged fruit growers in the country to access funds for the renovation and rehabilitation of orchards. Under the project, fiscal facilities, the application of the Zero VAT rate and import facilities are granted by exempting from the payment of taxes and customs procedures and excise duties on the import of machinery or…
During a parliamentary budget committee meeting, Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), advocated for a strategic fiscal approach, proposing a 10% buffer allocation within the budget for 2024. This buffer, if not utilized due to unforeseen risks, would be available for expenditure in the final quarter of the year. Radev emphasized…
On his last day in office, Polish Minister of Infrastructure Andrzej Adamczyk sent a letter to Deputy Prime Minister for the Restoration of Ukraine Oleksandr Kubrakov with Warsaw’s proposals for resolving the crisis at the border. These proposals include letting empty Polish trucks from Ukraine to Poland outside the e-queue and asking the European Commission…