The World Bank has revised upward its outlook for Bulgaria’s economy, projecting a 3% increase in gross domestic product (GDP) for 2025. This marks a 1% rise from the institution’s June forecast, as outlined in its Jobs and Prosperity: Autumn 2025 Economic Update for Europe and Central Asia. According to the new report, Bulgaria’s real…
Over the past week, under the Government’s Affordable Loans at 5-7-9% programme, micro, small, and medium-sized enterprises received 717 preferential loans totalling UAH 1.9 billion, including 525 loans worth UAH 1 billion from state-owned banks. Since the start of 2025, entrepreneurs have obtained 21,232 loans worth UAH 62.1 billion under the 5-7-9% programme, with 14,737…
The MIA Instant Payments System shows outstanding results with over 750,000 users, about 13 million transactions and a total volume exceeding 12 billion lei in one year and a half after its launch. The figures have been unveiled by First Vice Governor of the National Bank of Moldova (BNM) Petru Rotaru, who participated in the…
House price growth in Slovakia slowed over the summer, even as mortgage lending returned to pre-rate rise levels. According to the National Bank of Slovakia (NBS), average prices rose by 1.5% between June and August, down from more than 4% in the first quarter. Prices in August were still 12% higher than a year earlier.…
Lithuania’s new government has pledged to raise pensions and child benefits as part of its program to combat poverty, but lawmakers and anti-poverty organisations warn the measures may be insufficient without broader increases in social spending. Social Security and Labour Minister Jurate Zailskiene acknowledged that poverty in Lithuania was declining slowly. She said the government…
On October 1, Ukraine received a EUR 4-billion tranche from the European Union under the G7 Extraordinary Revenue Acceleration for Ukraine (ERA) initiative. In total, within the ERA instrument, the Ministry of Finance has already attracted EUR 14 billion from the EU, out of the EUR 18.1 billion foreseen. The remaining funds are expected to…
On September 29 in Kyiv, Minister of Finance of Ukraine Sergii Marchenko met with the newly appointed Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to Ukraine, Heiko Thoms. Sergii Marchenko congratulated the Ambassador on his recent appointment. The meeting was also attended by Deputy Minister of Finance Olga Zykova and Government Commissioner…