Financial System Thrives in Early 2024: Credit Growth Surges, Unemployment Falls

Business 5 September 2024 10:45

The Supervisory Council of the Bank of Albania approved today the Financial Stability Report for the first six months of 2024, CE Report quotes Kosova Press.

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Bulgarian Stock Exchange Honors Top Performers of 2024

14 January 23:30

The Bulgarian Stock Exchange (BSE) celebrated the achievements of top-performing investment intermediaries, banks, and public companies at a ceremony held at the Grand Hotel Sofia.

Energy Shortage Expected in Moldova on January 14

13 January 23:00

The Energocom company has forecasted an energy deficit of 484 MW for January 14, between 16:00 and 19:00, due to increased consumption and capacity limits on the Isaccea-Vulcanesti high-tension power line.

Hellenic Coffee Association Urges Tax Reduction Amid Coffee Price Surge

13 January 22:00

The Hellenic Coffee Association recently held discussions with party representatives and Finance Minister Kostis Chatzidakis to address rising coffee prices and advocate for the reduction or cancellation of the Special Consumer Tax on unprocessed coffee in Greece.

Winter Sales Kick Off with Big Discounts and High Hopes for Retail Growth

12 January 22:23

The 2025 winter sales officially begin on Monday, promising shoppers "generous discounts and unique offers." Retailers are optimistic about exceeding last year's sales, despite the season's proximity to the holidays.

NSI President Anticipates Inflation Growth in Bulgaria Amid Rising Bread and Electricity Prices

12 January 19:00

National Statistical Institute (NSI) President Assoc. Prof. Atanas Atanasov expects inflation in Bulgaria to rise due to increased bread and electricity prices, he told BTA.

National Bank of Moldova Raises Key Interest Rates to Curb Inflation

11 January 15:34

The National Bank of Moldova (BNM) has increased its basic interest rate for short-term monetary policy operations to 5.6% annually, up from the previous 3.6%. The decision, made unanimously by the BNM Executive Committee at an extraordinary meeting, reflects the need to address inflationary pressures following recent tariff hikes.

Moldova Launches Program to Offset Rising Electricity Costs for Businesses

10 January 21:00

Deputy Prime Minister and Minister of Economic Development and Digitalization, Dumitru Alaiba, has announced a new program to help Moldovan companies manage rising electricity costs.

Retail Survey Predicts Stable Volumes and Rising Sales in Early 2025

10 January 20:35

A recent survey conducted by IELKA highlights optimistic projections for the retail and FMCG (fast-moving consumer goods) sectors in the first half of 2025. The study, conducted in late 2024, involved 150 senior executives from supermarket chains and FMCG suppliers, encompassing roles in general management, marketing, sales, purchasing, finance, and IT.

Financial System Thrives in Early 2024: Credit Growth Surges, Unemployment Falls

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