The Verkhovna Rada of Ukraine has endorsed the bill “On Amendments to Certain Legislative Acts of Ukraine on Improving Corporate Governance of Legal Entities in Which the State is a Shareholder (Founder, Participant)”. The relevant statement was made by the Economy Ministry. According to the ministry, it is a key stage for the reform of…
The Customs Service has launched the automatic validation procedure, which will facilitate the trade and the work of the economic agents. The initiative was launched with the support of the EU project, European Union High-Level Advisers Mission. At the event, the head of the Customs Service, Igor Talmazan, said that the application would facilitate the…
Sofia, the vibrant capital of Bulgaria, is gearing up to host a prestigious international conference focused on innovation and creativity. Following the resounding success of the CreaTech Summit South-East Europe in 2023, the city is once again poised to become the epicenter of cutting-edge ideas and groundbreaking initiatives. Scheduled to take place from February 29…
On February 22, the World Bank presented the report “Review of Public Finances in Bulgaria”, which examined revenues, efficiency and effectiveness of state expenditures in various sectors. The assessment delves into topics like Bulgaria’s fiscal stance post various shocks and crises, the influence of demographics on spending in crucial sectors and strategies to address the…
Poland’s Foreign Ministry has said that some elements in the ongoing protests by Polish farmers could “possibly be influenced by Russian agents” after banners appeared expressing anti-Ukrainian and pro-Putin sentiment. One of the protest leaders expressed regret over the incidents, which he suggested could be a deliberate “provocation”. This week, one farmer was photographed with…
As part of support for micro, small and medium-sized enterprises in Ukraine, 33,199 loans totalling UAH 105.4 billion have been granted under the portfolio-based state guarantee instrument since December 2020. As of February 1, 29 lending banks were servicing 19,080 loans worth UAH 67.2 billion. The principal obligations, which were partially secured by state guarantees…
In January, the average wage rose in Poland by 12.8% YoY, to 7,768 zloty (EUR 1,797) before taxes, faster than expected, data from Statistics Poland (GUS), a state agency, showed. According to analysts, who had expected a rise of around 11%, wage growth was mainly supported by a record increase in the minimum wage that…