Bulgaria’s Gross External Debt stood at approximately EUR 42,410 million as of the end of October 2023, marking a 3.7% decrease from the same period in 2022, according to data released by the Bulgarian National Bank (BNB). Short-term liabilities, constituting about 16.9% of the gross debt and 7.5% of GDP, saw a notable decline of…
More than half of Polish companies are concerned about rising inflation in 2024, according to data from the Monthly Business Climate Index compiled by analysts of the Polish Economic Institute (PIE). Pessimistic energy price forecasts persist among businesses in Poland. According to data from the December 2023 edition of the Monthly Business Climate Index compiled…
Nasdaq’s three Baltic stock exchanges saw considerably lower transaction numbers as well as trading asset turnover last year than in 2022, with shares in the Tallinn exchange’s now-delisted Baltika seeing the Baltic Main List’s biggest drop of 2023 at 46%. Last year, a combined 1.108 million stock transactions took place on Nasdaq’s Tallinn, Riga and…
This year, public procurement should switch to Ukrainian goods and components as much as possible, wherever possible. The issue of how to align the positions of suppliers and buyers as quickly as possible was discussed during a meeting on demonopolisation and import substitution for the needs of Ukrzaliznytsia chaired by Yuliia Svyrydenko, First Deputy Prime…
Poland’s Ministry of Finance is planning for a draft law on payment suspension for mortgage holders to enter into force from March 1, 2024, the ministry has said in a letter to the bill’s consultants. The mortgage moratorium scheme was intended to help mortgage owners whose monthly installments skyrocketed due to rapidly rising interest rates.…
The overall state budget revenues amounted to 56.7 billion lei (2.8 billion euros) in January-November, up by 8.4% YoY. The Finance Ministry unveiled figures to this effect on December 27. Collections from the revenues managed by the State Fiscal Service stand at about 24.3 billion lei and the ones managed by the Customs Service –…
The Government approved the National Revenue Strategy for 2024-2030 expected to become a key element for strengthening the economy and financial system in Ukraine. The strategy was prepared by the Ministry of Finance jointly with other ministries and agencies, with the participation of business representatives, as well as following consultations with international development partners, including…