The National Statistical Institute (NSI) released preliminary data revealing that Bulgaria’s gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023. This expansion marks a slowdown compared to the 3.9% growth recorded in the previous year, according to aggregated quarterly data. In 2023, Bulgaria’s GDP reached a nominal value of…
Inflation in Estonia seems to be running higher than is the case in Latvia and Lithuania, SEB Pank analyst Mihkel Nestor says. Inflation in Estonia ran at 4.2% YoY in February, a significant rise, though between January and February, perhaps a more useful comparison than the year-on-year, derivative-of-a-derivative figure, there was little change. Nestor pointed…
More than 14,000 entrepreneurs have received grants to start or develop their businesses under the Government’s eRobota project. In total, the state has invested UAH 7.1 billion in entrepreneurship through grants since the start of the project. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.…
In February, public procurement entities concluded 28,000 contracts for UAH 42.8 billion based on the results of competitive bidding in Prozorro. Last month’s bidding resulted in a total savings of UAH 3 billion. “We have to ensure that even in a full-scale war, all public procurement is carried out as quickly and transparently as possible.…
In Bulgaria, the latest data from the Statistical Office of the European Union (Eurostat) revealed a notable trend: in the third quarter of 2023, both women and men registered equal shares of part-time employment, each at 1%. However, zooming out to the broader European context unveils a starkly different picture. Across the EU, during the…
Minister of Energy of Ukraine German Galushchenko met with representatives of the Federation of Austrian Industry headed by its President Georg Knill. The meeting took place in Vienna, where the delegation of the Ministry of Energy was attending a meeting of the IAEA Board of Governors. Georg Knill noted that Ukrainian and Austrian businesses had…
In January-February, more than 2,000 auctions were successfully held via the Prozorro.Sale system, raising UAH 559.2 million towards various-level budgets. The relevant statement was made by the press service of Prozorro.Sale JSC on Facebook. “Since January 1, more than 2,000 online auctions worth UAH 559.2 million have been successfully completed in the Prozorro.Sale system. Another…