Bulgaria: country nears Eurozone entry

The law on the introduction of the euro could be approved by the National Assembly before the summer concludes, according to acting Deputy Finance Minister Metodi Metodiev’s projection. Metodiev also stated that Sofia was expected to meet the inflation criteria required for Eurozone entry until the year’s end, based on the department’s models. Metodiev highlighted…

Ukraine: investors urged to use Platform for co-investment to support private sector

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…

Ukraine: Cherkasy region receives 90% of foreign currency revenues from agricultural exports

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…