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.
- Read more about Manufacturing output grows further in January
- Log in to post comments
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.
- Read more about Making state firms flexible
- Log in to post comments
Eurozone economy likely entered recession last year
Eurozone factories ended 2023 on the back foot, with activity contracting in December for an 18th straight month, according to a survey which gave scant signs of any imminent strong bounce back in an economy likely in recession.
China factory activity decline deepens in December
China's factory activity decline deepened in December, official data showed yesterday, as Beijing rounded off a year marked by its stuttering economic recovery from the pandemic.
- Read more about China factory activity decline deepens in December
- Log in to post comments
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.
Bulgaria Greenlights Initial Funds for Stryker Armored Vehicles Amid Presidential Veto Rejection
The Bulgarian government swiftly approved an emergency allocation of $263.3 million towards the first installment for acquiring Stryker armored vehicles, set to be paid by December 15th.
Greek factory activity picks up slightly
Greek factory activity picked up slightly in November for the 10th month in a row amid rising production volumes, but subdued export sales held back order books, a survey showed.
- Read more about Greek factory activity picks up slightly
- Log in to post comments
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.
Romania will buy European Submarines, Minesweepers and American Tanks
Romania will buy two second-hand British minesweepers and two French submarines as part of the Romanian army's re-equipment programmes, local media reported.
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.
- Read more about The challenge of transparency
- Log in to post comments