As recession-hit Estonia seeks to boost defence funding with plans to raise value-added, income and corporate taxes, Lithuanian businesses and economists say Lithuania has a chance to increase its competitive position in the region, if it maintains the stability of its tax system. Lithuanian Finance Minister Gintare Skaiste believes that Estonia’s tax changes will have…
The industrial producer price index totaled 2.2% in August, while the same indicator slowed to 31.2% YoY. The latest data from the State Statistics Service showed that the industrial producer price index, which tracked the average change in wholesale prices for raw materials and intermediate consumption goods, reached 2.2% in August, down from 8.8% in…
According to the Bulgarian National Bank (BNB), the expansion of mortgage loans continues, as banks in Bulgaria report an increase in housing credit. As of the end of August, outstanding housing loans reached 23.2 billion leva, reflecting an annual growth of 25.5%. This marks an increase from July, when mortgage loans rose by 25.1%. Since…
Bulgaria ranks 35th in the 2023 list of the wealthiest countries, with net financial assets per capita amounting to 16,410 euros. The Global Wealth Report, released by Allianz, highlights a notable increase in global financial assets of private households, which has risen by 7.6%, offsetting a previous decline of 3.5%. The total financial assets worldwide…
More than two thousand jobs will be created in Kalush (Ivano-Frankivsk region) as a result of the establishment of a new industrial park in the city. The decision to include Kalush Production Park in the Register of Industrial Parks was made by the Cabinet of Ministers of Ukraine at a meeting on September 24. “The…
Ukrainian entrepreneurs have received under the Affordable Loans at 5-7-9% programme 16,927 loans totalling UAH 63.4 billion since the beginning of the year. In particular, last week, businesses received 271 loans worth UAH 1.2 billion under the programme. In total, since the start of the programme (since February 2020), banks have issued 95,900 loans worth…
Since the beginning of 2024, Ukrainians have received 6,649 loans for the purchase of housing worth over UAH 11.3 billion under the eOselia affordable loans programme. In particular, 4,783 Ukrainians received loans for the purchase of housing on the secondary market, 1,412 for the first sale and 454 loans were issued for the purchase of…