Result of surveys among Baltic residents show that only 7% of people in Latvia invest in the stock market, whereas in Estonia this number goes up to 16%. What are the main reasons for Latvian residents’ reluctance to engage in the stock market and why do people in Estonia seem more financially literate in this…
Moldovan entrepreneurs who wish to export their products and services to the Romanian market can apply for Export Missions Romania program launched in Chisinau on August 10. The program represents support for the development and expansion of local companies on international markets. It provides a strategic platform to encourage collaboration between business, international trade experts…
97 companies went bankrupt in Poland in the second quarter of 2023, up by 21.3% YoY, the Central Statistical Office (GUS) reported. The number of newly registered companies totalled 88,549 in the April-June period, down by 5.5%, GUS wrote on August 10. According to GUS, the number of bankruptcies increased mainly in the industrial sector…
The Verkhovna Rada, Ukraine’s parliament, adopted at the second reading and in its entirety the government’s draft law on state reserves (No. 9079), First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko posted on Facebook. “Today, the Parliament supported the law on the transformation of state material reserves (No. 9079), developed by the Ministry…
The territorial plans of the three coal provinces Stara Zagora, Kyustendil and Pernik have been published for public discussion. In the following weeks, they will be discussed with the social partners and local residents, and at the end of September they will be sent to Brussels for approval. The development plans are related to payments…
President of the Republic of Moldova Maia Sandu had a meeting on August 8 with a delegation of the State of Israel headed by Minister of Foreign Affairs Eli Cohen. The dialogue covered the bilateral agenda, economic cooperation and security developments in our region, the presidential press service reported. Maia Sandu encouraged speeding up the…
A state subsidised mortgage programme aimed at first-time buyers offers some benefits to those who qualify for it but at the same time has led to an increase in house prices and made it harder for other buyers, according to a report by Amron-Sarfin, a housing financing researcher affiliated with banking lobby ZBP. Under the…