In April, Bulgaria recorded a current account deficit of 724.9 million euros, marking the largest monthly shortfall since January 2022, according to the latest data from the Bulgarian National Bank (BNB). This figure contrasts with a deficit of 505.8 million euros in the same month last year. Over the first four months of 2025, the…
Ukraine has become the first country in Europe and the second in the world to adopt a national standard for eco-industrial parks at the national level. The new document establishes clear sustainability criteria and an evaluation system for industrial park management companies. “Ukraine has adopted a national standard for eco-industrial parks. This step will allow…
The introduction of dual pricing in leva and euro is progressing smoothly and, in some cases, even ahead of the planned timeline in Bulgaria. That was the assessment of Nikolay Valkanov, Executive Director of the Association for Modern Trade. According to him, businesses are moving at full speed in their preparations, and the sector is…
Annual inflation in Bulgaria accelerated slightly in May, reaching 3.7%, up from 3.5% recorded in April, according to the latest figures from the National Statistical Institute. On a monthly basis, however, consumer prices remained unchanged for a second consecutive month. The average annual inflation for the 12-month period between June 2024 and May 2025 stands…
The First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine Yuliia Svyrydenko met with a Polish delegation headed by the Minister of Economic Development and Technology of the Republic of Poland Krzysztof Paszyk in Kyiv. The parties discussed the deepening of economic cooperation, steps to attract investment in the Ukrainian economy and…
On June 13, Ukraine received the fifth tranche from the EU amounting to EUR 1 billion under the G7 initiative Extraordinary Revenue Acceleration for Ukraine (ERA). In total, under the ERA initiative, the Ministry of Finance has already raised EUR 7 billion from the European Union. It is expected that the remaining funds from the…
The CEO of the Sofia Commodity Exchange Vasil Simov dismissed speculation about any dramatic price hikes on the market, stating that current conditions did not support such developments. Speaking on market trends in agricultural goods such as wheat, corn, sunflower and oil, Simov stressed that barring major geopolitical disruptions – especially wars – the market…