Excise duties on most goods in Latvia will remain lower than those in Estonia even after hikes Estonia’s southern neighbor plans to put in place over the next three years, “Aktuaalne kaamera” reports. Latvia has no current plans to raise VAT, unlike Estonia, which increased that indirect tax by 2% at the start of this…
Bulgaria’s state gas supply company Bulgargaz has once again blocked all accounts belonging to the municipal heating company Toplofikatsia Sofia (Heating Systems Sofia). This development was initially reported by Focus media, citing reliable sources, and later confirmed by BNT. This marks the first time such action has been taken by Bulgargaz, despite numerous letters regarding…
On October 1, the Ministry of Finance raised UAH 12.142 billion to the state budget at an auction for the placement of domestic government bonds. The ministry’s press service said this in a post on Facebook. “Today, the Ministry of Finance placed bonds worth more than UAH 12.1 billion,” the post reads. The Ministry of…
Ukrainian exporters increased physical sales of their goods by 36.2% YoY in January-September. In total, they exported 99.3 million tons. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine. “Over the past three quarters, we have exported almost 99.3 million tons of products worth $28.9 billion,…
A sociological survey conducted by the Trend agency and commissioned by the Expert Club for Economics and Politics (EKIP) reveals that 73% of Bulgarians feel their savings have diminished due to high inflation since mid-2021. Max Baklayan, an investment expert at EKIP, explained that the proper approach to finances was to prioritize saving for future…
Young people in Bulgaria are expressing significant concerns about their financial futures, according to alarming new data. The first of its kind study, commissioned by the Association “Network for the Development of Personality and Talents” and conducted by the Trend research center, surveyed individuals aged 15 to 29, including students and those already in the…
The Franco-German defense conglomerate KNDS has opened a subsidiary in Kyiv that will focus on the maintenance and repair of its systems, including Leopard tanks, CAESAR artillery systems, PzH 2000 howitzers and the Gepard anti-aircraft tank. This information was announced on KNDS’s official website. “With around 800 systems in front deployment or under contract, as…