Procurement

Manufacturing output grows further in January

Greek factory activity expanded for the 12th month in a row in January as stronger domestic and foreign demand led to higher output and more hiring, a survey showed on Thursday.

Firms raised their prices at the second fastest pace in almost a year, with input charges rising further as shipping disruption in the Red Sea led to an increase in transport costs.

Making state firms flexible

National Economy and Finance Minister Kostis Hatzidakis is planning changes to the public companies of the Superfund to make them modern and competitive, with interventions on three fronts: administration, procurement and recruitment.

Bulgarian Council of Ministers Approves BGN 51 Million in Extra Defence Funds

The Council of Ministers, in its recent session, sanctioned supplementary spending on the 2023 Ministry of Defence budget, as reported by the Government Information Centre.

An additional BGN 10,088,800 has been greenlit for the procurement of ammunition and fuel, exclusively designated for combat training purposes.

Germany, France and Italy agree raw materials cooperation

Germany, France and Italy have said they would cooperate more closely on the procurement of raw materials as Europe seeks to reduce its reliance on imports from countries such as China.

"Better diversification of our raw material supply is economic security," German Economy Minister Robert Habeck said in a statement.

The challenge of transparency

The digital modernization of the state has progressed at a rapid pace. The results have convinced us that with minimal (financial and political) costs, chronic problems can be eliminated. 

The electronic registry that is now being piloted in state procurements could prove to be yet another low-key but major leap toward transparency, if implemented correctly.

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