Bulgarian winter resorts experienced a robust growth of over 4.5% in tourist numbers in December 2023 compared to the previous year, according to Tourism Minister Zaritsa Dinkova. The notable surge was particularly driven by a substantial increase in Turkish visitors, marking nearly a 22% growth. Notably, tourists from neighboring countries such as Romania, North Macedonia,…
Latvia’s public is being made well aware of an Estonian initiative to encourage Western nations to provide 0.25% of their Gross Domestic Product (GDP) as military support to Ukraine. ERR’s Latvia correspondent Ragnar Kond spoke to Pauls Raudseps, a well-known journalist in that country who penned an article for independent weekly Ir, both publicizing the…
Ukrposhta JSC, Ukraine’s national postal operator, received UAH 11.9 billion in revenues in 2023, up by 19% YoY. The press service of the Ministry for Communities, Territories and Infrastructure Development of Ukraine said this in a post on Facebook. “In 2023, we reversed the negative trend of 2022 and achieved revenue growth,” said Ukrposhta CEO…
A member of Poland’s interest-rate setting Monetary Policy Council (MPC) has said she expects neither cuts nor increases in the rates at the moment. Gabriela Maslowska was speaking to Radio Lublin on January 12. Last year, the MPC lowered rates twice, in September and October, bringing down the central bank’s reference rate to 5.75%. “I…
For Baltic States and Eurozone in general the year 2024 will be yet another endurance year. Nevertheless, more rapid economic growth and reducing inflation will be observed, says the President of Eurogroup, which unites ministers of finance of Eurozone, Minister for Public Expenditure, National Development Plan and Reform in Ireland Paschal Donohoe. Eurogroup president, who…
In a comprehensive survey conducted by the Trend Research Centre between December 1 and 7, 2023, shedding light on the financial dynamics of Bulgarians, an astonishing 84% of respondents acknowledged relying exclusively on income derived from employment and/or pension. The survey, commissioned by the Finance Academy and encompassing 1,008 participants aged 18 and over, provides…
Electricity imports will allow large industrial enterprises to guarantee uninterrupted operation in the event of the introduction of electricity consumer restriction schedules due to a shortage of current in the power grid. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy, during an online meeting on energy issues…