At its meeting on February 6, the Cabinet of Ministers approved the decision to allocate funds for recovery programmes to the local budgets of eleven regions. This was announced by Prime Minister Denys Shmyhal. It is about nearly UAH 4.5 billion in subventions for the restoration of social and critical infrastructure. “We expect communities to…
More than UAH 33 billion has already been transferred to finance the defense needs from the special account, opened by the National Bank of Ukraine (NBU) with the start of the Russian full-scale invasion. The relevant statement was made by the NBU’s press service. “Since the war started, the National Bank has already transferred more…
To meet the criteria for entering the Eurozone, Bulgaria is gearing up for a significant shift in its economic landscape, with prices expected to witness a downward trend in the coming months. The key condition for Bulgaria’s entry into the Eurozone is maintaining inflation within a specific range. Specifically, the inflation rate in Bulgaria’s consumer…
The team of the Ministry for Communities, Territories and Infrastructure Development of Ukraine led by Minister Oleksandr Kubrakov met with Ambassador Extraordinary and Plenipotentiary of Canada to Ukraine Natalka Cmoc to discuss the main priorities for the restoration and development of Ukraine’s transport sector and attracting private capital. “We already have a successful experience of…
More than 7,000 Ukrainian families have received housing loans under the eOselia (eHousing) programme totalling UAH 10.7 billion since the programme’s launch. 62% of them are contract service members and law enforcement officers. This was announced by Deputy Minister of Economy of Ukraine Nadiia Bihun. “More than 7,000 Ukrainian families have already received housing loans…
Amidst growing dissatisfaction, grain producers in Bulgaria are considering organizing a protest against what they perceive as an unacceptable and frivolous proposal from the government. Zhechko Andrejnski, the chairman of the Vidin Union of Grain Producers, criticized the government’s requirement for farmers to prove their profits and losses, stating that the proposed approach only added…
Poland’s economy grew by 0.2% in 2023, preliminary figures from Statistics Poland (GUS), a government agency, showed. The figure was lower than expected by economists and represents a sharp slowdown from growth of 5.3% in 2022. Excluding the pandemic-induced drop in GDP in 2020, growth last year was the slowest since the early 1990s, when…