Bulgaria’s National Assembly has ratified an agreement with the European Commission for the provision of EUR 3.6 billion in micro-financial aid to Ukraine, which is the second stage of planned assistance. As many as 116 MPs voted in favor of the ratification, while 48 voted against and six abstained. The agreement involves Bulgaria offering guarantees…
The National Bank of Ukraine (NBU) has decided to reduce its key policy rate to 15%, NBU Governor Andrii Pyshnyi has said. “The Board of the National Bank of Ukraine decided to set its key policy rate at 15% from December 15,” he said. The National Bank of Ukraine raised the key rate to 10%…
Since the outset of Russia’s full-scale invasion, the volume of trade between Ukraine and Turkiye has reached the historic high, as Turkish investors continue to implement their projects in Ukraine despite the ongoing war, the head of the board of the Turkish-Ukrainian business association Burak Pehlivan has said. According to the official, the volume of…
Adam Szlapka, the new minister for European Union affairs, has said Poland is actively pursuing the unlocking of billions of euros in European money, emphasising the need for swift action and comprehensive rule of law changes. Szlapka is the new EU minister in the Donald Tusk government sworn-in by President Andrzej Duda on December 13.…
As many as 10,150 people have been employed during this year. 8,477 of them are jobless people. According to the National Employment Agency (ANOFM), 3,784 out of all employed people are women, 1,507 have ages between 55 and 66 years, 260 people are with disabilities, 3,110 are young people with ages between 16 and 35…
Despite russia’s full-scale aggression, Ukraine’s commitment to reform and national transformation remains unwavering. This was emphasised by Prime Minister Denys Shmyhal at the opening of the OECD’s regular ministerial-level meeting, Eurasia Week 2023. “We are moving forward. We have set ourselves ambitious goals, including Ukraine’s membership in the European Union and the OECD in the…
In a significant decision, members of the Parliament have passed a bill extending the reduced VAT rate of 9% for restaurants until December 31, 2024. The amendment, discussed at its second reading, received 184 affirmative votes, with 7 against and two abstentions. Irena Dimova from GERB-UDF proposed these alterations to the Value Added Tax Act.…