41% of Latvian residents do not make savings for retirement, reports Luminor Bank with reference to results of a recent survey. Head of Asset Management and Pensions Department of Luminor Bank Atis Krumins comments that the largest portion of Latvian residents who do not make savings for retirement are aged between 18 and 39 years.…
Around half of Poles, 49%, say that their country should not adopt the euro, despite it being committed to do so under the terms of its EU membership. A slightly lower proportion, 45%, say that Poland should adopt the European currency, but most of them think it should not happen within the next few years.…
A promising summer season with a 10% increase in tourists compared to last year is anticipated, according to Konstantin Zankov, a marketing and business consultant in tourism, speaking to the national radio. Expectations are that this summer will see a return to pre-pandemic levels and potentially even surpass them. Zankov noted that the overall summer…
Ukraine is developing coordination with bilateral development agencies (DFIs), in particular through the Memorandum of Understanding between the EBRD and DFI on the co-financing platform, which allows the use of long-term project financing and guarantees from DFIs together with resources from international financial institutions (IFIs) to implement investment projects in Ukraine. Ukraine needs investment in…
In 2023, 88% of the total foreign currency revenues in the Cherkasy region came from agricultural exports. The relevant statement was made by Cherkasy Regional Military Administration Head Ihor Taburets. “In 2023, the agricultural production index was 111.1%. The region received 88% of the total foreign currency revenues from the foreign trade turnover of food…
As estimated by the Economy Ministry, Ukraine’s gross domestic product (GDP) growth rate reached about 4.3% in April compared to the same period last year. The relevant statement was made by the ministry’s press service. “Ukraine’s economic recovery takes place despite the war and Russian massive missile attacks. According to preliminary estimates of the Economy…
Real estate agents have reported a surge in property purchases by foreigners in Bulgaria’s resorts and major cities like Sofia, Plovdiv, Varna and Burgas. While resorts like Bansko and Sunny Beach have seen the most transactions by foreigners, Bulgarians remain the primary buyers across all mountain and seaside destinations. In urban areas, foreign buyers are…