Slovakia is becoming a debtor with the highest risk in the eurozone. The yield of 10-year Slovak bonds surpassed the yield of Italian bonds; Italy is currently the largest debtor in the eurozone. Additionally, of all the eurozone members, Slovakia’s risk surcharge, which creates additional financing costs for the state’s debt, has increased the most.…
Polish e-commerce giant Allegro – which is the leading player on its domestic market – has expanded its brand to a third country in the region after launching the Allegro.sk shopping platform in Slovakia. Allegro, which is also one of Europe’s largest e-commerce platforms, has since 2022 already been operating in Slovakia, the Czech Republic,…
The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria, led by Jean-Francois Dauphin, following consultations with Bulgarian authorities on macroeconomic indicators and financial policies. Throughout the mission, IMF experts engaged in discussions with government representatives and officials from the Bulgarian National Bank to assess the country’s economic landscape and policy implementation.…
The implementation of the Ukraine Facility Plan will help carry out structural reforms in the public sector, as well as a number of economic reforms. The relevant statement was made by the Economy Ministry. “The Government’s approval of the Ukraine Facility Plan is a critical step for the final launch of the programme. I would…
Since the start of 2024, 4,516 entrepreneurs have received loans under the Affordable Loans at 5-7-9 programme totalling UAH 18 billion. Last week, 643 entrepreneurs received such loans for UAH 2.4 billion. Since the launch of the programme in February 2020, 83,500 loans worth UAH 285.1 billion have been issued. Since the beginning of 2024,…
The speaker of parliament, who is a part of Poland’s ruling coalition, has ordered the state auditor to investigate public financing for religious organisations, and in particular the Catholic church, under the former national-conservative Law and Justice (PiS) government. Szymon Holownia, who is a practising Catholic but has repeatedly called for a stronger separation of…
Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September, according to Finance Minister Asen Vassilev. Speaking at a conference focused on the currency union, Vassilev expressed confidence in Bulgaria’s ability to fulfill the necessary criteria within the specified timeframe. “Inflation is declining rapidly, currently standing at 3.3%, below the…