According to preliminary data from the Bulgarian National Bank (BNB), Bulgaria’s gross external debt amounted to EUR 49.019 billion at the end of December 2024. This represents an 8.7% increase YoY, or a rise of EUR 3.939 billion. In comparison, at the end of December 2023, the gross external debt stood at EUR 45.079 billion.…
Consumer prices in Estonia rose by 5.04% YoY in February and by 1.3% compared to January, data from Statistics Estonia showed. In January, Estonia’s annual consumer price index (CPI) growth was 3.9%, ranking the country fourth in the eurozone in terms of inflation. In February 2023, the annual inflation rate was 4.2%. Lauri Veski, head…
340 Ukrainians became the winners of the second wave of the Vlasna Sprava (Own Business) programme in 2025. They will receive grants to start or expand their businesses worth UAH 81 million. In total, 23,700 Ukrainians have become winners of the programme since its launch, and will receive grants worth UAH 5.7 billion. This was…
Ukraine hopes for the continued operation of the autonomous trade preferences regime with the European Union after June 6 and is working on a plan to expand the “industrial visa-free regime” to the maximum number of goods. This was stated by the Deputy Minister of Economy – Trade Representative of Ukraine Taras Kachka during committee…
In a recent interview with Bulgarian National Radio, financial analyst Svetozar Gledachev warned that without Bulgaria’s entry into the eurozone, politicians might be tempted to push for a change regarding the currency board. Gledachev described the situation as similar to a roller coaster ride, where financial irresponsibility led to increasing wages and borrowing, ultimately resulting…
Estonian biomaterials producer Fibenol will build a modern EUR 700-million biorefinery in Latvia and promises to create 100 new jobs. Fibenol plans to build the plant on a 26-hectare site in Valmiera municipality, approximately an hour from the Estonian border. The company said it would be the most modern facility in the world in its…
On March 17, the Deposit Guarantee Fund will hold a re-auction for the sale of loans of JSC “Ukrbudinvestbank” with a hotel complex in Transcarpathia as collateral. “On March 17, an auction for the sale of assets of JSC “Ukrbudinvestbank”, which is being liquidated by the Deposit Guarantee Fund, will be held in the Prozorro.Sales…