economy – Page 72 – Business World

Ukraine: government aims to harmonize legislation with EU norms so that businesses get new growth opportunities

UkraineBy admin 2025-08-13 Leave a comment

On August 12, Taras Kachka, Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, Trade Representative of Ukraine, met with representatives of Ukrainian business, in particular the IT industry, to discuss the Government’s priorities in the field of digital transformation, harmonization of Ukrainian legislation with EU law and development of export potential. The meeting…

Bulgaria: 75,000 Bulgarians receive pension benefits from abroad

BulgariaBy admin 2025-08-13 Leave a comment

Among the nearly 2 million Bulgarians to whom the National Institute of Social Security (NISS) pays pension benefits, there are 16,000 who live abroad. The largest number of Bulgarian pensioners currently live in Germany – 4,100. And only one of compatriots of retirement age has settled in South Korea and Iceland. Meanwhile, 75,000 Bulgarians receive…

Ukraine: country approves revised strategy of financial sector development

UkraineBy admin 2025-08-12 Leave a comment

The Ministry of Finance of Ukraine, the National Bank of Ukraine, the National Securities and Stock Market Commission, the Deposit Guarantee Fund, and the Ministry of Economy, Environment and Agriculture of Ukraine have approved the revised Strategy of Ukrainian Financial Sector Development. The persisting high level of uncertainty due to the prolonged full-scale war requires…

Bulgaria: new home prices will rise amid eurozone entry and supply shortages

BulgariaBy admin 2025-08-12 Leave a comment

The prices of new homes in Bulgaria are expected to increase by an additional 12-15% until the end of 2025, with a slowdown in growth to around 10% anticipated next year. This forecast was shared by Georgi Shopov, chairman of the National Association of Construction Entrepreneurs (NACP). Shopov pointed out that Bulgaria’s upcoming entry into…

Bulgaria: euro adoption will boost investment, trade and tourism with limited inflation impact

BulgariaBy admin 2025-08-12 Leave a comment

Bulgaria is on the verge of joining the eurozone, prompting questions about the possible inflationary impact of adopting the euro. An economic analysis by iBanFirst, a major provider of currency exchange and international payment services for businesses, forecasts Bulgaria’s harmonized inflation rate for 2026 to be between 2.8% and 3.3%. The inflation specifically linked to…

Ukraine: people receive 4,000 preferential eOselia mortgages for UAH 7.3 billion

UkraineBy admin 2025-08-12 Leave a comment

Some 4,000 Ukrainians have benefitted from the eOselia affordable mortgage programme in 2025. The total amount of preferential loans for housing made up UAH 7.3 billion. Over the past week, 146 loans worth UAH 277 million have been issued, including loans with a 3% interest rate: – 55 servicemen and representatives of the security sector;…

Bulgaria: Bulgarians fear repeating past currency shocks

BulgariaBy admin 2025-08-11 Leave a comment

Psychologist Assoc. Prof. Nikolay Dimitrov believes that the tension surrounding Bulgaria’s upcoming euro adoption is rooted more in psychology than in actual economics. He points out that many Bulgarians carry emotional baggage from the past, specifically, the 1999 denomination of the lev, and that memory still shapes their fears today. Back then, the sudden removal…

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