Bills No. 11258 and No. 11259 approved by the Verkhovna Rada will ensure the energy sustainability of enterprises and households, the Prime Minister Denys Shmyhal has announced on Telegram. The head of government thanked MPs for the prompt adoption of the mentioned bills. He said that the norms stipulated by these documents would apply to…
Bulgaria remains committed to joining the Eurozone as swiftly as possible, with technical preparations progressing well. This was emphasized by Deputy Prime Minister and Finance Minister Lyudmila Petkova during the July meeting of the Economic and Financial Affairs Council in Brussels, according to the Bulgarian ministry’s announcement. Petkova indicated that once Bulgaria fulfilled the final…
In the first half of 2024, the Export Credit Agency of Ukraine (ECA) supported exports worth UAH 4.6 billion. This was announced by First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko. “In the first half of the year, the Export Credit Agency of Ukraine increased the volume of export support almost…
In June, Bulgaria’s annual inflation rate rose to 2.5%, up from 2.3% in May, as reported by the National Statistical Institute. However, the month of June itself experienced a deflation of 0.2%, consistent with the previous month’s change. In June, there was a minimal price growth noted in health services and the entertainment and culture…
Bulgaria’s position in the annual innovation index released by the European Commission places it between Montenegro and North Macedonia. The country ranks after Turkey and Montenegro but ahead of North Macedonia and Albania, remaining in the “emerging innovators” category with a score of 46% of the EU average for 2024. This score is below both…
Minister of Finance of Ukraine Sergii Marchenko held his first online meeting with the newly appointed Chancellor of the Exchequer Rachel Reeves. The parties discussed key issues of cooperation between the two countries as well as Ukraine’s further budget. Sergii Marchenko expressed gratitude to the UK’s Government for its strong support during the period of…
In May, Bulgaria’s industrial production saw a decline, with the index dropping by 3.3% compared to the previous month and by 6.3% compared to the same period last year, marking the 17th consecutive month of annual contraction, according to the national statistics office. The mining industry experienced the steepest decline, shrinking by 10.2%, followed by…