Bulgaria ushers in the new year on a different note, as the State Budget Act for 2024 gets the green light, marking a departure from previous years of budgetary uncertainties. The freshly ratified budget signifies a significant milestone, offering stability as the nation steps into the year ahead. This budget, crafted for the first time…
Taxpayers continue to support Ukraine in difficult times of war by paying their taxes in good faith. Thanks to their responsible social attitude and patriotism, the budget consistently receives much-needed funds for the Armed Forces of Ukraine and social payments to the citizens. According to the latest data, in 2023 the consolidated budget revenues (balance)…
Public lighting systems were modernized in 52 localities throughout the country. The investments were made within the European Express Village Program. An example in this sense is the rehabilitation of the public lighting system in the village of Cozesti, Sangerei district. With an investment of 350 thousand lei (17.5 thousand euros) from the National Fund…
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…