From May 20, around half of Bulgarian short-term rental listings are expected to disappear from platforms such as Airbnb and Booking, as new EU rules on digital registration and data exchange come into force. The information was reported by TravelNews, citing Boris Pavlov, chairman of the Bulgarian Association for Tourist Properties and Innovations (ATII) and…
In the first two months of this year, GDP decreased by about 1.2%, but the government expected economic activity to recover soon. This was stated by Minister of Economy, Environment, and Agriculture Oleksii Sobolev during question time with the government. According to him, Ukraine ended last year with an economic growth of 1.8% and inflation…
Polish firm Vigo Photonics, which specialises in producing advanced infrared sensors, photon detectors and semiconductor materials, has acquired US rival InfraRed Associates for $8.4 million (31.2 million zloty). The Polish firm hailed the deal as a “major step in the company’s global expansion strategy” that would “significantly strengthen Vigo’s footprint in the United States and…
Ukraine’s Minister of Finance Sergii Marchenko met with Vice President for Policy and Partnerships of the European Bank for Reconstruction and Development (EBRD) Mark Bowman. The meeting was also attended by Ukraine’s Deputy Ministers of Finance Olga Zykova and Yuriy Draganchuk. From the EBRD side, participants included Managing Director for Ukraine and Moldova Arvid Turkner,…
On March 26, the Minister of Economy, Environment and Agriculture of Ukraine Oleksiy Sobolev met with representatives of the EBRD, in particular, EBRD Vice-President for Policy and Partnerships Mark Bowman and EBRD Managing Director, Ukraine and Moldova, Arvid Turkner. The meeting participants discussed the current needs for financing critical infrastructure, external financing needs for 2026-2027,…
On March 25, the sixteenth meeting of the Steering Committee of the Ukraine Donor Platform took place. Representatives of the Government of Ukraine, G7 countries, the European Union, and international financial institutions held the event in Kyiv. Participants included Prime Minister of Ukraine Yulia Svyrydenko, Co-Chair of the Platform from Ukraine; Minister of Finance Sergii…
Estonia’s 2025 budget deficit of 1.2% and debt level of 24.1% are both very strong results compared with the EU average, economist Raul Eamets has said. Were the strong figures the result of good planning or public sector savings? “Unfortunately, it was not that simple. In general, we know that rising prices are negative for…