Ukraine: Government adopts decision to reduce debt pressure on critical infrastructure enterprises in frontline areas

Companies, the infrastructure of which has been destroyed or damaged by the enemy and which are located in the territory of active hostilities, will be eligible for debt restructuring. The Government approved the relevant criteria for heat and water utilities on December 10, Prime Minister Denys Shmyhal said. “We are setting out an algorithm for…

Bulgaria: housing prices rise in Sofia

Housing affordability in Sofia has improved since the pandemic, making it one of the few capitals in Central and Eastern Europe (CEE) to experience this positive trend, according to a report by Colliers International. The consultancy examined housing affordability from two key perspectives: the ability of an average salary earner to secure a loan from…

Ukraine: Galushchenko and Merz visit energy facility destroyed by Russian strikes

Ukrainian Energy Minister German Galushchenko and Friedrich Merz, the leader of Germany’s CDU/CSU bloc, visited one of the Ukrainian energy facilities destroyed by Russian shelling. The Energy Minister showed the German delegation the devastating consequences of enemy attacks on the energy sector, discussed the restoration of the energy sector, and highlighted the urgent need for…