Since the beginning of 2024, entrepreneurs have received 9,582 loans under the Affordable Loans programme totalling UAH 38 billion. Banks issued 20% of loans to processing enterprises. Last week, entrepreneurs received 512 such loans worth UAH 1.8 billion. Since the launch of the programme in February 2020, 88,500 loans worth UAH 305 billion have been…
Many Bulgarian consumers are raising concerns about the resale of goods from Chinese sites like Temu and Shein at higher prices in Bulgarian physical and electronic stores, according to Gabriela Rumenova from the online platform “We, the consumers”. This comes in light of the European Consumer Organization (BEUC) filing a collective complaint to the European…
Coastal hoteliers are increasing employee wages by at least 20% to address the staff shortage, Minister of Tourism Evtim Miloshev has explained. “Since the start of the year, in the first three months, data from the European Tourist Commission showed that Bulgaria was in the second place for recovery compared to 2019, which was a…
Prospects for holding a joint meeting of the Ukrainian-Chilean Governmental Commission in the last quarter of this year, which was last held 13 years ago, deepening cooperation in trade and attracting investment – these were the issues discussed by Ukraine and Chile during the first visit of a high-level Ukrainian delegation to Chile in more…
Poland’s parliament has approved an extension of the legal right of residence and access to social support for refugees from Ukraine until September 2025. Poland is home to almost 1 million Ukrainian refugees, the second-highest figure in Europe after Germany, according to Eurostat. However, the legislation also introduces changes, including a requirement that children attend…
While the Bank of Latvia (Latvijas Banka) believes that commercial banks in the country have become overly cautious in granting loans, its Estonian counterpart does not see such a significant problem here. At the same time, the Bank of Estonia (Eesti Pank) acknowledges that local businesses perceive banks as not being very generous in issuing…
Bulgaria has set up interdepartmental working groups to expedite the implementation of projects for the construction of new nuclear facilities at the Kozloduy NPP and the Vertical Gas Corridor. Their main goal is to assist in executing all legal procedures related to these projects. The projects, part of the Vertical Gas Corridor initiative involving Bulgaria,…