The Cabinet of Ministers endorsed a draft law on the ratification of the Comprehensive Economic Partnership Agreement between the Government of Ukraine and the Government of the United Arab Emirates (UAE). This was reported by the Ministry of Economy. It is noted that the agreement provides for the free trade between the two countries by…
Bulgaria has taken on new state debt amounting to 4 billion leva, Bulgarian National Radio reports. The Ministry of Finance has not yet officially confirmed the information. According to reports, the country has raised nearly 4 billion euros on international markets through the issuance of two bond tranches – with maturities of 9 and 13…
The Government continues its support programmes for agricultural producers and introduces new mechanisms for the development of the agricultural sector. This was stated by Prime Minister Denys Shmyhal during a meeting of the Cabinet on April 29. He emphasised that farmers were actively working on the spring sowing campaign despite the challenges caused by the…
Bulgaria anticipates favorable outcomes from the upcoming reports by the European Commission (EC) and the European Central Bank (ECB) on its euro adoption, as announced by Finance Minister Temenuzhka Petkova. She made these comments during her participation in the “Investor Day 2025: Embracing Opportunities” forum organized by the Bulgarian Stock Exchange. Minister Petkova reaffirmed that…
Veselin Danev, chairman of the Bulgarian Hotel Association, highlighted a major issue in Bulgaria’s tourism sector: a significant decline in the workforce. Employment has dropped by nearly 20%, with the most noticeable decrease among younger workers, particularly those under 34 years old, where the reduction exceeds 30%. Danev also pointed out that high taxes on…
Pensioners of Vinnytsia region received UAH 2,433.8 million for pension payments, including UAH 591 million for pension payments through JSC “Ukrposhta” with payment dates until April 25 and UAH 1,842.8 million for payment through authorized banks with payment dates until April 25. Financing of insurance payments continues and as of today, UAH 76.1 million has…
Tourism in Bulgaria has made significant strides toward recovery in 2024, though it still hasn’t returned to pre-pandemic levels of 2019, according to Atanas Dimitrov, Deputy Chairman of the Bulgarian Hotel and Restaurant Association. He attributed challenges faced by the industry to factors like climate change and a lack of an effective marketing campaign by…