Bulgaria has the highest social risk in the European Union, according to the Social Resilience Index. It tracks 12 economic, social and political parameters in 185 countries around the world, says Allianz Trade, which produces the ranking. The results of the study covered the period from early 2022 to September 2023. The Social Resilience Index…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 6.5% YoY and edged up by 0.2% MoM in October, the Central Statistical Office (GUS) reported in a flash estimate on October 31. Economists polled by PAP Business estimated that October’s CPI would reach 6.6% YoY and 0.3% MoM. In September, the prices…
Prime Minister Dorin Recean had a meeting with Portuguese President Rebelo de Sousa, who was on an official visit to Chisinau. They discussed opportunities to boost economic and investment relations between Moldova and Portugal. The officials approached the possibilities to develop trade relations and identify new ways of partnerships and investments in the renewable energy…
Last week authorized banks issued 454 soft loans worth UAH 1.9 billion under the program Affordable Loans 5-7-9% in Ukraine. “Over the past week, 454 affordable loans worth UAH 1.9 billion were issued under the program, including 292 loan agreements worth UAH 0.57 billion concluded by public sector banks,” the Ministry of Finance said. Since…
People in Need in Chisinau has launched a Moldovan-Romanian project for backing the Ukrainian refugees. The project regards 18 non-governmental organizations (NGOs), 8 from Moldova and 10 from Romania, which provide services to the people hit by the war, especially for refugees from Ukraine and promotes their integration into the host communities. Thus, the principal…
Moldova will receive a 1.9-million euro grant from Japan. The government on October 27 approved the draft decision to initiate negotiations between Moldova and Japan for signing the grant agreement on implementation of the Farmers Insurance with Fertilizers Project. The agreement aims to reduce the burden on small and medium-sized farmers, affected by the consequences…
Bulgarians most often travel to Greece not only on vacation, but also on business trips. This can be seen in the data of the National Statistics Institute for travel in September. According to it, Greece is the destination – a leader in trips for the purpose of rest and excursion and for business purposes. The…