The Ukrainian Economy Ministry and the Organisation for Economic Co-operation and Development (OECD) have started joint efforts to analyze investment incentives and harmonize the investment-related regulatory environment. The relevant statement was made by the Ukrainian Economy Ministry, following a meeting between Ukrainian Economy Deputy Minister Volodymyr Kuzio and the OECD team. “We highly value cooperation…
The Government of Ukraine will encourage Ukrainians to purchase domestically produced goods, which is likely to increase the GDP rate by 0.14%. The relevant statement was made by Ukrainian Prime Minster Denys Shmyhal during the forum “Made in Ukraine”. The Prime Minister emphasized the importance of promoting the consumer demand. In his words, the Cabinet…
The Ministry of Tourism in Bulgaria has unveiled plans for significant reforms in the tender procedures for beach rentals across the country, aiming to enhance transparency and fairness in the process. Among the proposed changes is the introduction of open bidding for tender procedures, eliminating the requirement for sealed envelope submissions and implementing measures to…
Ukraine and Bulgaria have made another step towards strengthening friendly and partnership relations. This was emphasised by Prime Minister Denys Shmyhal following a meeting with Prime Minister of Bulgaria Nikolai Denkov. “Today, following a comprehensive dialogue, we have reached a common ground on many important issues. Ukraine and Bulgaria will continue to strengthen cooperation in…
The overall state budget revenues stood at about 4.5 billion lei in the first month of 2024, the Finance Ministry reported. The collections from the revenues managed by the State Fiscal Service and Customs Service amount to about 2.3 billion lei (115 million euros) for each body. The expenses reached 5.6 billion lei, up by…
Polish Prime Minister Donald Tusk has called for the West to use $300 billion of frozen Russian assets to support Ukraine. During a meeting with his Canadian counterpart, Justin Trudeau, he also discussed facilitating the export of Ukrainian grain from Europe in response to protests by farmers. Meanwhile, Tusk pledged to tell Viktor Orban “to…
As Bulgaria sets its sights on joining the Eurozone until 2025, Finance Minister Asen Vassilev remains resolute in his commitment, despite ongoing uncertainties surrounding the government’s rotation. Speaking from Ghent, where he attended a meeting of EU economy and finance ministers, Minister Vassilev conveyed optimism regarding Bulgaria’s economic prospects and Eurozone aspirations. Citing data from…