The decision of the International Monetary Fund to allocate for Ukraine another tranche under the Extended Fund Facility is a recognition of the stability of the country’s economy and an important signal to partners. This was emphasized by the Governor of the National Bank of Ukraine Andrii Pyshnyi who commented on the IMF’s move on…
In the first half of the year, Sofia experienced a 12% increase in tourist arrivals compared to the same period last year, as reported by the Unified Tourist Information System of the Ministry of Tourism. The number of registered overnight stays rose by 10%, with nearly 60% of visitors being foreign tourists. Tourist numbers have…
In the economic competition between the Baltic States, Lithuania is currently outperforming Estonia. According to Lithuanian analysts, there are several reasons for this. However, they believe that maintaining the region as a safe and attractive business environment is more important than the friendly rivalry between the countries. Lithuania’s purchasing power has increased in recent years,…
Toplofikatsia Sofia (Heating Sofia) announced that the gradual start-up of the heating system in the capital began on October 21. Heating will be supplied in phases starting on October 21, prioritizing schools, kindergartens and healthcare facilities first, followed by administrative and residential buildings. Customers are advised to fully open the valves on their radiators to…
This week, from October 21 to 27, the International Atomic Energy Agency will continue its missions at high-voltage substations critical for nuclear safety. “Experts from the International Atomic Energy Agency (IAEA) will continue missions next week at all key substations that are critical for power generation at nuclear power plants,” the Ministry of Energy reports.…
In the Poltava region, a total of 507 farmers have been provided development loans worth more than UAH 3.4 billion. The relevant statement was made by Poltava Regional Military Administration. “A total of 507 farmers from the Poltava region have received more than UAH 3.4 billion worth of loans from banks for development purposes. Of…
Bulgaria’s trade deficit in August fell by over 30% YoY, reaching 287.8 million euros compared to 413.8 million euros during the same month last year. However, in the first eight months of this year, the deficit rose by just over 42%, amounting to 2.953 billion euros, up from 2.077 billion euros for the same period…