Bulgaria: GDP to rise in 2024

In its latest macroeconomic forecast released on April 16, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria’s Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023. The projected economic expansion is expected to be primarily driven by the positive influence of domestic demand, with net exports forecasted to…

Ukraine: G7 transport ministers reaffirm support in restoring and developing infrastructure

The G7 countries have reaffirmed their support for strengthening cross-border connectivity, including infrastructure and building sustainable supply chains, as well as integrating Ukraine’s transport network through the development of new rail links to the European gauge. This is stated in the Declaration approved following the G7 Transport Ministerial Meeting, which was attended by Oleksandr Kubrakov,…

Bulgaria: Robert De Niro to open two hotels

Renowned actor and co-founder of Nobu Hospitality, Robert De Niro, is set to make waves in Bulgaria’s hospitality scene with the opening of two luxury hotels under the Nobu brand. The US-based brand, known for its upscale hotels, restaurants and residences, is making its mark in Bulgaria with properties in Sofia and Varna. The first…