After Bulgaria joins the eurozone, the rate of mandatory minimum reserves (MRR) for local banks will be significantly reduced, dropping from the current 12% to just 1%. Additionally, the base on which this rate is calculated will also decrease. The Bulgarian National Bank (BNB) expects that these changes will free up more funds that banks…
More than 450 cars operate on the Kyiv Metro lines every day. For proper and safe operation, they require periodic scheduled overhauls. This was reported by the Kyiv Metro Enterprise. The overhaul of all types of rolling stock is carried out at the Kyiv Metro Car Repair Plant, which is equipped with all the necessary…
Over 50,000 enterprises and entrepreneurs have received state support under the Government’s “Made in Ukraine” programme over the past year. This was announced by Prime Minister Denys Shmyhal during a meeting of the Cabinet of Ministers on February 28. “We prioritise Ukrainian business,” the Head of Government highlighted. He added that among the tools to…
According to preliminary data from the Bulgarian National Bank (BNB), Bulgaria’s gross external debt amounted to EUR 49.019 billion at the end of December 2024. This represents an 8.7% increase YoY, or a rise of EUR 3.939 billion. In comparison, at the end of December 2023, the gross external debt stood at EUR 45.079 billion.…
Consumer prices in Estonia rose by 5.04% YoY in February and by 1.3% compared to January, data from Statistics Estonia showed. In January, Estonia’s annual consumer price index (CPI) growth was 3.9%, ranking the country fourth in the eurozone in terms of inflation. In February 2023, the annual inflation rate was 4.2%. Lauri Veski, head…
The second helicopter for emergency medical assistance by air landed in Bulgaria on March 1 at 15:38. It will be stationed at the HEMS regional base in Sliven, according to the Ministry of Health. Eight air medical teams have already been formed to operate at the base, consisting of nine doctors and eight nurses. The…
340 Ukrainians became the winners of the second wave of the Vlasna Sprava (Own Business) programme in 2025. They will receive grants to start or expand their businesses worth UAH 81 million. In total, 23,700 Ukrainians have become winners of the programme since its launch, and will receive grants worth UAH 5.7 billion. This was…