Bulgaria: financier blames “greedy traders” for driving inflation

Bulgarian Financier Levon Hampartzoumian criticized the effectiveness of state efforts to ease price pressures, commenting on the closure of government-backed stands dubbed “People Shop” offering cheaper goods. In his view, the initiative had limited impact from the outset. “”People Shop” is not a large-scale scheme. With a budget of 10 million leva, nothing substantial can…

Ukraine: intergovernmental cooperation with Romania in digitalization and support reinforced

The development of a strategic partnership between Ukraine and Romania, including expanded cooperation in industry and defense technologies, as well as support for the digitalization of SMEs, was discussed during a meeting between Oleksii Sobolev, Minister of Economy, Environment, and Agriculture of Ukraine, and the Minister of Economy, Entrepreneurship, Digitalization, and Tourism of Romania Ambrozie-Irineu…

Baltic States: Latvian Post to expand service network into Lithuania and Estonia

Latvijas Pasts, which operates the largest parcel locker network in Latvia, is expanding into Lithuania and Estonia by establishing local subsidiaries. The move aims to create a unified parcel delivery infrastructure across the Baltic States and strengthen export capabilities for businesses in the region. In Lithuania, the company will operate under the “Pasts” brand starting…