On May 8, Prime Minister Denys Shmyhal met with EU Commissioner for Defence and Space Andrius Kubilius to discuss defence and technological cooperation between Ukraine and the EU. The Head of Government highlighted the importance of initial steps in implementing the ReArm Europe plan and the recently presented White Paper on the future of European…
The Executive Agency for the Promotion of Small and Medium-sized Enterprises (BSMEPA), under Bulgaria’s Ministry of Innovation, has formalized a partnership with the International Bank for Reconstruction and Development, part of the World Bank Group. The agreement, aimed at bolstering businesses in Northern Bulgaria, was signed at a ceremony held at the Council of Ministers,…
The Prime Minister of Ukraine Denys Shmyhal held his first meeting with the U.S. Charge d’Affaires to Ukraine Julie Davis. The parties discussed the further development of the strategic partnership between the two countries, as well as cooperation in various fields, in particular in the economic sphere. According to the Head of Government, in continuation…
During the one-month transition period after Bulgaria adopts the euro, ATMs across the country will distribute only euro banknotes. This measure will be in place during the dual circulation phase when both the lev and the euro will be legal tender. According to the Bulgarian National Bank (BNB), the official date for Bulgaria’s entry into…
Following a working visit to Sumy region, a government meeting chaired by Prime Minister Denys Shmyhal addressed pressing regional issues. The Prime Minister announced that in 2025, the Government had allocated UAH 2.9 billion for programmes and projects aimed at the region’s reconstruction and development. This funding includes support for restoring infrastructure and the economy,…
In April, the Ministry of Finance, in line with budget legislation, facilitated the transfer of interbudgetary grants to local budgets amounting to UAH 15.3 billion, which represents 93.4% of the allocations scheduled for April. Specifically: – Basic grants were transferred in the amount of UAH 2.1 billion (100% of the scheduled allocations); – Additional grants…
Slovakia’s housing market is showing renewed strength after two years of decline, though the recovery remains uneven. Property prices stopped falling roughly a year ago, but substantial increases are so far concentrated in economically stronger regions, including Bratislava, Kosice and Trnava. Elsewhere, values are returning to previous peaks more slowly. In the first quarter of…