#Business

European Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova told bTV on Sunday that there is a real danger for Bulgaria not obtaining funds under the National Recovery and Resilience Plan (NRRP).

The annual inflation rate in Croatia slipped to 2.4% this June, compared to June 2023, after the annual inflation in May was 3.3%, according to the data provided by the national statistical office (DZS) on Tuesday.

Finance Minister Marko Primorac said on Monday that the new issue of government bonds gives citizens the opportunity to enhance their financial resources at significantly higher yields than in commercial banks.

Stabilizing the fiscal model, normalizing public finances and mostly the priorities relating to the work of Parliament, including a clear legislative programme with deadlines that can unite a majority in the name of this country's priorities are among the commitments that GERB-UDF Prime Minister-designate Rosen Zhelyazkov declared Monday.

The state budget revenue collections from the excise duties were estimated at around 23.1 billion lek in the first five months of 2024, data from the Ministry of Finance showed on Sunday.

The matter of high prices, in comparison with countries like Spain, is the central issue of the posting of the Minister of State Akis Skertsos on social media on Saturday.

Seventy eight women from 16 districts of Moldova, who carry out economic activities, will benefit from support in the implementation of solutions of renewable energy and energy efficiency.

Automotive Cluster Bulgaria CEO Lyubomir Stanislavov said in an interview for BTA that Bulgaria has the potential to become a leading country in automotive software development in Central and Eastern Europe (CEE), if not in all of Europe.

In the Assembly of Albania, there was set up on Friday the Special Parliamentary Commission “For the deepening of reforms for good governance, the rule of law and anti-corruption for Albania 2030 in the European Union”.

The parliamentary inquiry into energy companies Gen-I and Star Solar in relation to PM Robert Golob and the financing of his Freedom Movement party met for its maiden session on Wednesday.

The annual inflation rate dropped, in May 2024, to 5.12%, from 5.9% in April, in the conditions in which food products rose in price by 1.24%, non-food products by 6.38% , and services by 9.29%, according to the data published on Wednesday by the National Institute of Statistics (INS).

Lower probability of interest rate cut this year in US, world's largest oil consumer, puts downward pressure on prices

Romania's FOB/CIF trade balance deficit stood at 9.320 billion EUR for the period 1 January - 30 April 2024, 440.1 million EUR higher (+5%) than that recorded in the corresponding period in 2023, according to data from the National Institute of Statistics (INS) published on Monday.

A part of the Elbasan-Qafë Thane road is already open for vehicle traffic.

The Kosovo Chamber of Commerce and Industry (DHTIK) has informed its members that within the framework of the services it offers through the membership package, which is annual, among others, the promotion of the company's services and products is also included.

Slovenian parties and lists standing in the EU election agree that agriculture, one of the main areas of EU policies, will have to adapt to climate change despite protests by farmers against some green measures.

Croatia's GDP increased in the first quarter of 2024 by 3.9% year on year, rising for the 13th quarter in a row mainly thanks to increased consumption and investments, shows the first estimate by the national statistical office on Tuesday.

The recommendations of the economic study of the Organization for Economic Cooperation and Development are correlated with the objectives of the government programme, prime minister Marcel Ciolacu stated on Tuesday at the meeting of the National Committee for Romania's Accession to the OECD, which highlighted the importance of implementing the recommendations received from the organization's committees for alignment with standards in terms of legislation, policies and practices.

Minister of State for Entrepreneurship and Business Climate Delina Ibrahimaj received the CEO of Italian state lender Gruppo Cassa Depositi e Prestiti Dario Scannapieco and his delegation at the Business House.

The Coca-Cola company in Bosnia and Herzegovina directly creates 39 million KM of added value, while indirectly supporting another 264 million KM in the economy of Bosnia and Herzegovina, according to the Study on Socio-Economic Impact of Coca-Cola in 2023 in Bosnia and Herzegovina, which was presented today at the Coca-Cola bottling plant in Hadžići.

The US International Development Finance Corporation (DFC) sent a Letter of Intent to Greece's Independent Power Transmission Operator (IPTO), expressing interest in participating in the Great Sea Interconnector project linking the electrical grids of Greece, Cyprus, and Israel, IPTO said on Tuesday.

A conference on the euro changeover and the Croatian Experience will take place on May 28, at 9:30 am, in the building of the Bulgarian Chamber of Commerce and Industry (BCCI), the Chamber said.

One of Slovenia's most renowned businessmen has announced that the corporate sector is willing to co-finance Krško 2, the expansion of the existing nuclear power plant, because it wants to avoid the country falling into energy dependence.

The European Commission has upgraded Slovenia's growth forecast for this year by 0.4 percentage points to 2.3%, but downgraded it by 0.1 point to 2.6% for next year. Inflation is now projected to slow to 2.8% by the end of this year, and to 2.4% in 2025, the latter being an upgrade from 2% forecast in February.