More than 20 years ago, Italian car parts manufacturer Calearo Antenne expanded abroad for the first time, choosing the western Slovak town of Samorin to build a factory. At the time, Volkswagen was the only automotive company operating in Slovakia, with few signs of the sector’s future boom in the country. That boom did come,…
As Bulgaria moves into the summer season, the tempo of political developments remains high, particularly with the country on the brink of a final decision regarding eurozone accession. Within this context, several key narratives are set to unfold over the coming months – narratives that will shape the economic and political climate in the lead-up…
Ukraine may join the international Women Entrepreneurs Finance Code initiative, which helps women entrepreneurs to obtain financing. First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko discussed this possibility with Arthur Poghosyan, Deputy Head of the EBRD Delegation to Ukraine, during a meeting on June 26. The event was attended by Deputy Ministers Tetyana…
Three Bulgarian regulatory institutions – the Commission for Protection of Competition (CPC), the Consumer Protection Commission (CPCo) and the Communications Regulation Commission (CRC) – are joining forces under a new tripartite cooperation agreement. The pact, signed today, aims to establish coordinated oversight and action in preparation for the country’s adoption of the euro. This initiative…
Bulgaria is preparing for the euro adoption by updating the software of over 460,000 cash registers nationwide. This requirement was highlighted during a national discussion titled “The Effect of the Eurozone”, hosted by the Economic and Social Council. The unanimous support of all eurozone members for Bulgaria’s entry from January 1, 2026, has set the…
The Confederation of Independent Trade Unions of Bulgaria (CITUB) is pushing for legal amendments that would change how prices are displayed in stores. The proposal suggests that, alongside the retail price, each product should also carry a label showing the price set by the producer or importer. As Bulgaria moves toward adopting the euro, the…
The Ministry of Economy of Ukraine has approved the next allocation of funds under the 25% compensation program for Ukrainian agricultural machinery and equipment. Based on the applications submitted in May, 50 agricultural producers will receive compensation totaling over UAH 6.8 million. “In May, another 50 agricultural enterprises applied for compensation for 65 units of…