The Pension Fund of Ukraine has timely finalised the payment of pensions for May, having transferred almost UAH 68 billion to Ukrainian pensioners. This was announced by Prime Minister of Ukraine Denys Shmyhal during a meeting of the Cabinet of Ministers on May 27. He stressed that the fulfillment of social obligations remained a key…
Since Bulgaria’s accession to the Schengen area, noticeable changes have been reported in the transport and logistics sector, bringing clear benefits for companies engaged in transport services as well as those with goods to move. Industry representatives say these changes are already making a difference. For the region, Schengen membership is crucial for enhancing the…
Since the start of 2025, businesses have received 11,206 concessional loans under the Affordable Loans at 5-7-9% programme, totalling UAH 35.4 billion. Since the programme’s inception in February 2020, businesses have secured over 115,000 loans amounting to UAH 401.5 billion. Last week, Ukrainian entrepreneurs obtained 648 concessional loans worth UAH 1.8 billion. “Since the launch…
Ukraine and the European Union are working to expand and develop new financial mechanisms aimed at attracting more private capital for the country’s recovery. The Ministry of Economy reported that these plans were discussed in Paris last week at a special event attended by representatives of the European Commission, the French government, leading European development…
In Zagreb last week, Bulgaria’s Minister of Tourism Miroslav Borsos held a working meeting with Croatia’s Minister of Tourism and Sports Tonci Glavina to exchange perspectives on the impact of euro adoption on tourism – an economic pillar for both countries. The dialogue centered on shared experiences and expectations in the context of Bulgaria’s pending…
Foreign workers in Bulgaria are most commonly employed in the tourism, construction and transport sectors. This was noted by Atanas Katsarchev, Chief Economist at the Confederation of Labour “Podkrepa”, during an interview with the Bulgarian National Radio (BNR). According to him, these are the main areas where the foreign workforce is currently being absorbed. Katsarchev…
Another 414 Ukrainians became the winners of the eighth wave of the Vlasna Sprava programme. They will receive grants to start or expand their businesses worth UAH 99 million. In total, 25,500 Ukrainians have become winners of the programme since its launch and will receive grants worth over UAH 6 billion. The grantees have already…