Bulgaria: euro transition period completed

Bulgaria has effectively completed the transition period for adopting the euro, though formal legal adoption remains pending. Euro banknotes are now fully integrated into circulation, with the process secured and well-organized. According to Vladimir Ivanov, head of the Euro Mechanism and chairman of the State Commission for Commodity Exchanges and Markets, 87% of levs have…

Latvia: unemployment higher than EU average

In January, Latvia’s unemployment rate stood at 6.9%, which was higher than the average levels in both the European Union (EU) and the eurozone, according to data published on March 4 by the EU’s statistical office, Eurostat. According to the data, higher unemployment rates among EU member states in January were recorded in Finland (10.2%),…

Moldova: JICA prepares new financing line for farmers

The growing vulnerability of the agricultural sector to climate change, the need to align with the European Union’s safety standards and limited access to cutting-edge technologies have been the main topics discussed at a meeting between Minister of Agriculture and Food Industry Ludmila Catlabuga and a delegation of the Japan International Cooperation Agency (JICA). During…