The Government has allocated more than UAH 22 billion of financial resources provided by partners for recovery needs. The decision was made at an extraordinary meeting of the Cabinet of Ministers, the Prime Minister of Ukraine Denys Shmyhal has said. According to him, almost UAH 18.5 billion from the Japan International Cooperation Agency (JICA) will…
The Bulgarian property market appears to be cooling off in the major urban centers, with growth slowing and rental prices increasingly seen as disconnected from actual value. Though official figures from the National Statistical Institute for the first quarter are not yet published, preliminary estimates suggest a modest rise in prices – between 5% and…
On June 19, the Minister of Finance of Ukraine Sergii Marchenko joined the meeting of the EU Economic and Financial Affairs Council (ECOFIN) online. The meeting was attended by finance ministers of EU member states, representatives of European institutions and international financial institutions. Key topics included Ukraine’s financial situation, budgetary needs for 2026, sanctions against…
President Volodymyr Zelensky of Ukraine met with the President of the European Central Bank, Christine Lagarde on June 19 in Kyiv. “We are grateful that you have decided to come to Ukraine even after strikes on our civilian infrastructure and our people. We appreciate such steps. The most important thing is people and public morality.…
A new factory built with Czech investment officially opened its doors in Plovdiv, marking one of the largest foreign investments from the Czech Republic in Bulgaria. The event was attended by Bulgarian President Rumen Radev and Czech Ambassador Miroslav Toman, who both highlighted the project’s importance for the region and bilateral relations. The facility, developed…
On June 18, the Power4JustTransition Programme, implemented in Ukraine by Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Affairs and Energy, officially started its work. As part of the official launch, the Ministry of Environmental Protection and Natural Resources signed a Memorandum of Understanding with German partners…
Bulgaria has secured an additional 300 million leva in debt from the domestic market, according to the results of the latest government securities auction held by the Bulgarian National Bank (BNB). This is the first bond issue following the favorable assessments from both the European Central Bank and the European Commission regarding Bulgaria’s progress toward…