Bulgaria is expected to request extraordinary convergence reports from the European Commission and the European Central Bank for eurozone entry until the end of January, according to the former Finance Minister Lyudmila Petkova. She made the announcement during a visit to the Ministry of Finance following the official handover ceremony for the newly formed government.…
Bulgaria has met the inflation criterion required for entry into the Eurozone, with an average annual inflation rate of 2.6% over the last 12 months. This marks the fulfillment of the final condition needed for the country to adopt the euro, according to Asen Vassilev, co-chairman of We Continue the Change – Democratic Bulgaria (WCC-DB).…
The Ministry of Economy has updated its catalogue of industrial parks, a tool for finding locations with infrastructure, favourable conditions and business opportunities. This catalogue will help companies find partners, locate their production facilities and attract new investment. The catalogue contains all the information needed to choose the best location for business: – Specialisation of…
Bulgaria’s National Statistical Institute reported that inflation in 2024 stood at 2.2%, a slight increase from the previous year. The inflation rate in December 2024 was recorded at 0.4%. The average annual inflation for the period from January to December 2024, compared to the same period in 2023, reached 2.4%. Among the various categories, the…
On January 14 the twelfth meeting of the Steering Committee of the Ukraine Donor Platform, established to coordinate international assistance and address the immediate needs and long-term recovery of Ukraine, took place. During the meeting, the partners discussed the Platform’s priorities – mobilising resources for external budget support for Ukraine in 2026 and Ukraine’s recovery…
In December 2024 the general fund of the state budget of Ukraine received UAH 13.1 billion in excise tax on manufactured and imported excisable goods, up by 45% YoY. The revenue target was achieved by 104.1%, with an additional UAH 0.5 billion coming to the budget. In December 2024 the revenue targets for alcoholic beverages…
The January 6 launch of the new Tallinn-Riga-Vilnius route marks the return of passenger rail service connecting the Baltic States. While the full journey – with transfers at Valga and Riga – takes over ten hours, Estonia, Latvia and Lithuania’s rail operators hope to attract riders for shorter legs. On January 6 Baltic Station (Balti…