Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria’s potential adoption of the euro in 2025 or early 2026. He cited the recent decrease in inflation reported by the National Statistical Institute (NSI) as a positive sign, indicating progress towards meeting the criteria for Eurozone entry. Voinov highlighted the importance of sustaining this…
Poland’s parliament has almost unanimously supported a package of measures proposed by the government to provide financial support to help parents of young children return to work. The legislation would offer parents a choice of one of three types of benefit for children aged between 12 and 35 months. One of the options is entirely…
In the first quarter of 2024, Bulgaria’s economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year. The primary drivers of economic growth during the first three months of the current year were a…
In April, 7,400 public customers announced procurements through the Prozorro system for a total of UAH 78.5 billion. This was announced by Deputy Minister of Economy of Ukraine Nadiia Bihun. “Despite the full-scale war, the public procurement sector continues to develop dynamically. We have already reached the level of procurement that existed before the full-scale…
Last year, Naftogaz Group’s key enterprises improved their financial results by at least 40% compared to 2022. The relevant statement was made by Naftogaz Group’s press service. “In particular, Ukrgasvydobuvannya JSC generated about UAH 13 billion in net profit in 2023 compared to UAH 2.9 billion in 2022. Ukrnafta PJSC also significantly improved its results,…
Poland’s Zabka, which is the largest convenience store chain in Central and Eastern Europe, has launched its first shop abroad after opening an outlet in Romania. The firm hopes to have a total of 200 stores in the country until the end of the year, adding to the over 10,000 it already has in Poland…
“Toplofikatsia Sofia”, the capital’s heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1. According to their application to the Energy and Water Regulatory Commission (EWRC), the company aims to lower the price per megawatt-hour to 97.78 leva without VAT, which represents a 29.11% decrease from the…