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Ukraine: Government expands opportunities for citizens and businesses to install alternative energy sources

UkraineBy admin 2024-10-23 Leave a comment

The Government is expanding opportunities for citizens and businesses to install alternative energy sources. To develop distributed electricity generation, the Government provides affordable financial resources so that citizens and businesses can purchase the necessary energy equipment. For private households, there is an interest-free rate for the installation of solar panels, wind turbines and energy storage…

Bulgaria: women hold 35% of all leadership roles in private and public sectors

BulgariaBy admin 2024-10-23 Leave a comment

There has been a significant increase in the number of women in leadership roles within companies and state institutions. Women now occupy 35% of all managerial positions in both the private and public sectors in Bulgaria, according to the 2023 Gender Equality Report published by the Ministry of Labor and Social Policy. In 2023, the…

Bulgaria: over half of employers plan no new hires over next six months

BulgariaBy admin 2024-10-23 Leave a comment

Over half of employers in Bulgaria have no plans to hire new staff in the next six months, according to recent findings from the Bulgarian Employment Confederation (BEC). The survey, conducted among 1,197 companies, covers the period from October to March of next year. The data show that 32% of respondents anticipate no change in…

Ukraine: businesses receive UAH 2 billion in loans under Government’s energy programmes

UkraineBy admin 2024-10-23 Leave a comment

Banks are granting loans to businesses under the Government’s energy programmes. Applications for UAH 7.9 billion have been approved, and over UAH 2 billion in loans have actually been disbursed. Over UAH 204 million in loans have been approved for households. This was announced by Prime Minister Denys Shmyhal. “The heating season is already starting…

Ukraine: allocation of IMF tranche is recognition of country’s economic stability

UkraineBy admin 2024-10-22 Leave a comment

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…

Bulgaria: Sofia sees increase in tourist arrivals in H1 2024

BulgariaBy admin 2024-10-22 Leave a comment

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…

Baltic States: Lithuania’s economy is doing better than Estonia’s

BalticsBy admin 2024-10-22 Leave a comment

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,…

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