Bulgaria has successfully met the price stability criterion required for entry into the eurozone, according to data from Eurostat. The statistics, which covered the dynamics of consumer prices in both the EU and the euro area, showed that inflation in Bulgaria continued to align with the Maastricht criteria in March. In the third month of…
In January-March, the Export Credit Agency (ECA) supported the export of Ukrainian companies to the tune of UAH 3.15 billion. Twenty exporting companies benefited from the agency’s insurance protection. “In the first quarter, the ECA insured exports worth over UAH 3.1 billion. This includes value-added finished products such as furniture, food products, packaging materials and…
Bulgaria is in a very strong initial position to join the eurozone, Dimitar Radev, governor of the Bulgarian National Bank (BNB), has said. Speaking at a business event organized by the American and British Chambers of Commerce in Bulgaria, Radev emphasized that amid growing global instability, integration into robust alliances like the eurozone was becoming…
The Cabinet of Ministers of Ukraine has decided to allocate additional subsidies from the state budget for communities located in the combat zone or near the contact line. It concerns 180 communities in 9 frontline regions. “On behalf of President of Ukraine Volodymyr Zelenskyy, we continue to provide systematic support to the frontline regions. The…
Over the entire period of implementation of the eOselia affordable mortgage programme, 16,423 Ukrainian families have received loans for their own housing worth UAH 26.975 billion. This was announced by Deputy Minister of Economy of Ukraine Andrii Teliupa. “Over the 2.5 years of the eOselia programme’s existence, Ukrainians without housing or those seeking to improve…
Annual inflation in Bulgaria held steady at 4% in March, matching the level recorded in February, according to data from the National Statistical Institute. Meanwhile, monthly inflation eased to 0.2%, down from 0.6% in February and following a 2% increase in January. This marks the second consecutive month with the highest annual inflation rate since…
The international rating agency Fitch has reaffirmed Bulgaria’s long-term credit rating at BBB with a positive outlook. According to a statement published on Fitch’s website, the positive perspective reflects the country’s potential accession to the euro area. Fitch’s assessment is based on Bulgaria’s strong external and fiscal balance sheets, which compare favorably with other countries…