Bulgaria is expecting a 5% increase in tourist arrivals this winter season, according to the acting Minister of Tourism Evtim Miloshev. This growth is anticipated amid preparations for the winter resorts’ opening, which includes significant coordination among various stakeholders to ensure smooth operations. Miloshev shared these expectations during a meeting held at the Borovets resort…
Train passengers travelling from Vilnius will have a possibility to reach Tallinn in one day from early next year, LTG Link, the passenger transport arm of Lithuanian Railways, reports. The three Baltic carriers – Lithuania’s LTG Link, Latvia’s Vivi and Estonia’s Elron – are currently coordinating train schedules to allow passengers to travel from Vilnius…
In recent weeks, there has been ongoing concern regarding the state’s expenses for next year, with projections showing that costs far exceed available funds. As a result, savings are being emphasized. However, municipalities have raised concerns about how these cuts might impact their investment programs, questioning whether they will still receive subsidies from the state…
Since the beginning of the full-scale war, nearly UAH 37.9 billion has been transferred from the special account opened by the National Bank of Ukraine (NBU) for defense needs. In November, over UAH 57.3 million was allocated. “On December 1, the balance on the special account, which the National Bank opened to support the defense…
Since the beginning of the full-scale war, 87 companies have moved their production facilities to the Kirovohrad region, the Kirovohrad Regional Military Administration (RMA) reports. “Since the beginning of the war, the region has been working proactively to support businesses in relocating production facilities, personnel, raw materials and residual products from areas close to or…
The Gross Domestic Product (GDP) for Bulgaria in the third quarter of 2024 grew by 2.4% compared to the same period in 2023, as reported by the National Statistical Institute (NSI). The increase was also evident when compared to the previous quarter, with a 0.6% rise in GDP. In monetary terms, GDP reached 53,769.8 million…
In Bulgaria, the current labor market is facing a situation where job supply exceeds demand, creating challenges for employers. The issue lies in the lack of necessary skills among available workers for the positions that need to be filled. This was discussed by Maria Sentova, a psychologist and HR expert, during the “Psychology and Business”…