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…
In September, the Ukrainian economy grew by 3.8% compared to August. In the first nine months of this year, GDP growth was estimated at 4.5% compared to the same period last year. These data were released by the Ministry of Economy. “Despite the challenges of war, Ukraine’s economy continues to recover. In September, agriculture showed…
On October 17, the state budget of Ukraine received a tranche from the Government of Canada in the amount of CAD 400 million (almost $300 million). Thus, since the start of the full-scale war, direct budget support from Canada has reached $5.4 billion. The funds are provided on concessional terms: 10-year term, interest rate –…
Simeon Dyankov, a former finance minister, has said that the Bulgarian economy is performing reasonably well, although discussions regarding the macro framework for 2025 are currently stalled due to the absence of a functioning parliament and government. He noted that finance minister Ludmila Petkova had called on politicians to outline necessary budget measures and determine…
Bulgaria has emerged as a frontrunner in the EU regarding agricultural support for the small ruminant sector. This acknowledgment came from the National Sheep and Goat Breeding Association, the members of which attended a significant European livestock exhibition in France earlier this month. Co-chairman of the association Simeon Karakolev expressed surprise at the level of…
In the Poltava region, a total of 515 agricultural producers have obtained UAH 69.2 million in government assistance for about 17.3 thousand hectares of cultivated land. The relevant statement was made by the press service of Poltava Regional Military Administration. “Currently, a total of 5,637 agricultural producers from the Poltava region have been registered with…
Inflation in Bulgaria experienced a significant slowdown in September, dropping to 1.2% from 2.1% in August, marking the lowest rate since March 2021, according to the National Statistical Institute (NSI). Compared to August, a deflation of 1% was recorded, following a slight rise of 0.1% in the consumer price index during the previous month. The…