The cash payments will be limited. The parliament has approved, in the second reading, a draft law, which provides for norms on the circulation of cash money in the economic circuit and orientation to the carrying out of payments by transfer. The draft’s stipulations will be applied to the legal entities, no matter the type…
A price war between Poland’s two largest supermarket chains has intensified after a court asked bailiffs to seize adverts by Biedronka claiming that it has been “cheaper than Lidl since 2002”. The battle between the two giants over the last month has aroused great public interest, including spawning a series of memes. But it has…
The European Bank for Reconstruction and Development (EBRD) is interested in contributing to the restoration of Kherson and Mykolaiv regions significantly affected by the war. This was discussed during a meeting between Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, and Odile Renaud-Basso, President of the EBRD, in London. “We are…
In January, the value of mortgages issued in Poland exceeded 10 billion zloty (EUR 2.3 billion) for the first time in history, as the last of contracts eligible for a popular government subsidy scheme for first-time buyers were finalised. The figure was five times larger than in the same month a year earlier, while the…
The Ukrainian Economy Ministry and the Organisation for Economic Co-operation and Development (OECD) have started joint efforts to analyze investment incentives and harmonize the investment-related regulatory environment. The relevant statement was made by the Ukrainian Economy Ministry, following a meeting between Ukrainian Economy Deputy Minister Volodymyr Kuzio and the OECD team. “We highly value cooperation…
The Government of Ukraine will encourage Ukrainians to purchase domestically produced goods, which is likely to increase the GDP rate by 0.14%. The relevant statement was made by Ukrainian Prime Minster Denys Shmyhal during the forum “Made in Ukraine”. The Prime Minister emphasized the importance of promoting the consumer demand. In his words, the Cabinet…
The Ministry of Tourism in Bulgaria has unveiled plans for significant reforms in the tender procedures for beach rentals across the country, aiming to enhance transparency and fairness in the process. Among the proposed changes is the introduction of open bidding for tender procedures, eliminating the requirement for sealed envelope submissions and implementing measures to…