The planned round of tax hikes in Estonia will boost the competitiveness of Latvian businesses, say political leaders in Estonia’s neighbor to the south. As in Estonia, Latvia’s economy is not doing too well overall. While GDP was slightly up compared with last year, it fell by just over 1% between the first and second…
Since early 2024, 30.2% of the declared auctions have been held in the Prozorro.Sale system. Corresponding agreements have already been signed for 25.6% of them, and the rest are remaining at the stage of signing a deal. The relevant statement was made by Prozorro.Sale JSC Board Chairman Serhii But. “As of July 30, 30.2% of…
In August, natural gas prices in Bulgaria will see a slight increase. The Commission for Energy and Water Regulation has set the price at 60.75 leva per MWh, excluding additional costs such as access, transmission, excise duty and VAT. This price applies to sales by “Bulgargaz” EAD to final suppliers and those licensed for thermal…
Ukraine is ready to join consultations with the European Commission regarding the transit of Lukoil oil, if the appropriate mechanism is applied. The relevant statement was made by Spokesperson for the Ukrainian Foreign Affairs Ministry Heorhii Tykhyi at a briefing. According to Tykhyi, Ukraine highly values cooperation with the European Union, Hungary, Slovakia and other…
Residents of the frontline territories will be able to harvest firewood for household needs free of charge. The Government has made a corresponding decision. Residents of the territories where military operations are ongoing / have been ongoing will be able to harvest fuel wood for household needs free of charge. This refers to the logging…
Moody’s has projected that Bulgaria will join the Eurozone until the beginning of 2026. However, any signs of weakening institutional frameworks or further delays in adopting the euro could lead to a downgrade in Bulgaria’s credit rating, according to the rating agency’s recent announcement. This announcement, part of Moody’s periodic review of Bulgaria’s credit profile,…
On July 29, in Kyiv, Acting Minister of Culture and Information Policy of Ukraine Rostyslav Karandieiev met with Minister of Education, Culture, Sports, Science and Technology of Japan Masahito Moriyama. The parties discussed cooperation and support for Ukraine in the fields of culture, preservation and restoration of cultural heritage, and information policy. “Japan is helping…