The CEO of the Sofia Commodity Exchange Vasil Simov dismissed speculation about any dramatic price hikes on the market, stating that current conditions did not support such developments. Speaking on market trends in agricultural goods such as wheat, corn, sunflower and oil, Simov stressed that barring major geopolitical disruptions – especially wars – the market…
Three dominant forces – historically low unemployment, persistent regional disparities and rapid technological transformation – shaped Slovakia’s labour market in 2024. According to data from ManpowerGroup, the top-ranked recruitment agency, as many as 79% of employers reported difficulties in filling vacancies. The greatest talent shortages were seen in transport and logistics (87%), healthcare and pharmaceuticals…
Between 50,000 and 70,000 foreign workers may enter Bulgaria until the end of 2025 if the current pace of labor import continues. This estimate was presented by Social Minister Borislav Gutsanov during a session of the parliamentary committee on labor and social policy. According to him, the country has already seen as many workers from…
On June 12, two special investment agreements were signed in Lviv between the Cabinet of Ministers, Slavsko Village Council, and investors – Slavski LLC and Rozhanka Park LLC. Since autumn 2024, these companies have been implementing an investment project in partnership with Slavsko Village Council, with a total investment of EUR 140 million. The project…
Slovakia’s economy is losing steam. Once a regional growth leader, the country now ranks among the poorest performers in the European Union, coming 24th out of 27 in a new Prosperity Index compiled by Slovenska and Ceska sporitelna banks. Only Greece, Romania and Bulgaria fared worse. In contrast, neighbouring Czechia ranked 15th and Slovenia 4th.…
The Bulgarian National Bank (BNB) will stay the course with its conservative and stability-oriented monetary policy even after the country enters the eurozone. In an interview with Politico, BNB Governor Dimitar Radev confirmed that Bulgaria would continue to prioritize resilience, cohesion and price stability. “I lead one of the more conservative central banks, and we…
Over UAH 1 billion in subventions and grants has been allocated for the construction of school shelters in Dnipropetrovsk region. This was announced by Prime Minister Denys Shmyhal during a working visit to the region on June 12. The Head of Government inspected the construction of a shelter at one of the region’s educational institutions.…