The Government has adopted a number of decisions that will help accelerate the restoration of communities in Ukraine. This was announced by Prime Minister Denys Shmyhal during a meeting of the Cabinet of Ministers on March 7. In particular, according to the Head of Government, an additional UAH 5 billion has been allocated for recovery…
As expected, inflation continued to grow at the start of the year, including due to the growing impact of underlying factors, governor of the National Bank of Ukraine Andriy Pyshnyy stated at a briefing at the central bank. Inflation accelerated to 12.9% YoY in January and, according to preliminary estimates, continued to rise in February.…
Bulgaria, a nation with a rich history and a growing economy, has a complex relationship with gambling. While the country has its own regulated gambling market, many Bulgarians are increasingly turning to EU-based online betting sites. This phenomenon raises several questions about the motivations behind this trend, the legal landscape and the implications for both…
On March 4, the Finance Ministry of Ukraine raised UAH 6.7 billion to the state budget at an auction for the placement of domestic government bonds. The ministry’s press service wrote this on Facebook. The Finance Ministry offered investors hryvnia-denominated domestic government bonds: UAH 979 billion at 15.85% with a 1.4-year maturity, UAH 619 million…
At the end of February, Bulgaria’s budget recorded a deficit of 1 billion leva (500 million euros), a significant increase compared to February 2024, once one-off effects are excluded. This marks a shift from the surplus seen in January, when the treasury had a balance of 563.9 million leva under the consolidated fiscal program, which…
Swedish retail group ICA Gruppen announced on March 5 that it was selling its Rimi stores in the Baltic States to the Danish retail giant Salling Group. Denmark’s Salling Group is set to acquire Rimi stores for EUR 1.3 billion, taking ownership of 314 stores located in Estonia, Latvia and Lithuania. As part of the…
The Japan International Cooperation Agency (JICA) is considering financing energy and infrastructure programs in Ukraine previously managed by the U.S. Agency for International Development (USAID). This was stated by the head of JICA’s Ukraine office Hideki Matsunaga at the 5th Ukrainian-Japanese Forum organized by the New Europe Center. Matsunaga noted that USAID and JICA had…