On February 22, the World Bank presented the report “Review of Public Finances in Bulgaria”, which examined revenues, efficiency and effectiveness of state expenditures in various sectors. The assessment delves into topics like Bulgaria’s fiscal stance post various shocks and crises, the influence of demographics on spending in crucial sectors and strategies to address the…
Poland’s Foreign Ministry has said that some elements in the ongoing protests by Polish farmers could “possibly be influenced by Russian agents” after banners appeared expressing anti-Ukrainian and pro-Putin sentiment. One of the protest leaders expressed regret over the incidents, which he suggested could be a deliberate “provocation”. This week, one farmer was photographed with…
As part of support for micro, small and medium-sized enterprises in Ukraine, 33,199 loans totalling UAH 105.4 billion have been granted under the portfolio-based state guarantee instrument since December 2020. As of February 1, 29 lending banks were servicing 19,080 loans worth UAH 67.2 billion. The principal obligations, which were partially secured by state guarantees…
In January, the average wage rose in Poland by 12.8% YoY, to 7,768 zloty (EUR 1,797) before taxes, faster than expected, data from Statistics Poland (GUS), a state agency, showed. According to analysts, who had expected a rise of around 11%, wage growth was mainly supported by a record increase in the minimum wage that…
Prime Minister Denys Shmyhal discussed the implementation of agreements between Ukraine and Japan with representatives of Japanese businesses. The Prime Minister said this in a post on Facebook. According to Shmyhal, Ukraine and Japan are beginning a new chapter in their relationship. This was demonstrated by the outcomes of the Conference for Promotion of Economic…
Prime Minister Dorin Recean has provided details on the delivery of diesel from Romania, meant for the agricultural producers from Moldova. “The state does not have storage capacities. And it is not about the bringing of a cup of diesel; I apologize for analogies. The idea is that we have 4,000 tons; this is very…
At the end of 2023, household expenses increased by 19.1%, with the majority spent on food – approximately one-third of all expenditures. This is indicated by the data from the National Statistical Institute (NSI). In the third quarter of 2023, the average total income of households was 2,874 BGN, increasing by 22.5% compared to the…