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…
Since the beginning of 2025, businesses have received 7,325 soft loans under the Affordable Loans at 5-7-9% programme totalling UAH 23.8 billion. Almost a quarter of this amount – UAH 5.6 billion – was attracted by regions classified as high military risk areas. In total, since the programme was launched in February 2020, Ukrainian businesses…
Over 70% of property transactions in Bulgaria over the last decade have been made in cash, according to recent statistical data. The market is seeing significant growth, with property prices rising by 6% since the start of 2025. Official statistics from the Bulgarian National Bank reveals that only 27 out of every 100 real estate…
Bulgaria’s upcoming adoption of the euro in 2026 is expected to significantly accelerate wage growth, according to economists familiar with the experiences of other countries that have already joined the eurozone. However, to ensure that this wage increase remains sustainable, it will need to align with labor productivity growth, as emphasized by Prof. Dr. Viktor…
The Government has endorsed a number of decisions to support citizens and communities. This was announced by Prime Minister of Ukraine Denys Shmyhal during a meeting of the Cabinet of Ministers on April 11. According to him, a resolution was approved to extend the supply of natural gas to district heating companies under the Public…
Ukrainian entrepreneurs continue to invest despite unprecedented challenges. Since the beginning of 2025, businesses operating in high military risk areas have secured loans worth over UAH 5 billion from banks under the Affordable Loans at 5-7-9% programme. “Ukrainian entrepreneurs are showing remarkable motivation: they aren’t waiting for “better times” but are investing in their businesses…
Ukraine is engaged in a dialogue with all partners in the EU to extend the so-called autonomous trade measures (ATMs) introduced by the EU for trade with Ukraine at least until the end of this year in order to maintain the duty-free trade regime between Ukraine and the EU until a new bilateral trade agreement…