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Yearly Archives: 2024

Baltic States: countries will present capability development plan at NATO summit

BalticsBy admin2024-07-09Leave a comment

The Baltic States will present a capability development plan at this week’s NATO summit in Washington, D.C., the Lithuanian and Estonian presidents have said. They have also called for the necessary military capabilities to be assigned to the regional defence plans approved at the NATO summit in Vilnius last year. “Lithuania, Latvia and Estonia have…

Bulgaria: Sofia plans significant increase in tourist tax rates

BulgariaBy admin2024-07-09Leave a comment

Sofia is set to increase its tourist tax. The proposal emerged from the recent meeting of the Advisory Council on Tourism in the capital, marking the first adjustment in several years. Currently modest compared to other European cities, Sofia’s tourist tax has remained largely unchanged. Unlike practices abroad where tourists pay this tax separately upon…

Poland: annual housing price rise highest in EU in Q1 2024

PolandBy admin2024-07-09Leave a comment

Housing prices in Poland were 18% higher than a year earlier in the first quarter of 2024, which was the largest figure in the European Union for the second successive quarter, new Eurostat figures showed. Poland was followed by Bulgaria and Lithuania, which saw increases of 16% and 9.9% respectively. At the other end of…

Ukraine: State Property Fund attracts over UAH 181 million at privatization auctions last week

UkraineBy admin2024-07-09Leave a comment

Ukraine’s State Property Fund held eight auctions last week, selling UAH 181.6 million worth of objects. The agency’s press service said this in a post on Facebook. According to the fund, the value of objects grew on average 7.4-fold. In total, 54 bidders took part in the auction, with an average of seven investors competing…

Ukraine: 18 cogeneration plants from USAID ESP already connected

UkraineBy admin2024-07-08Leave a comment

Eighteen out of 91 cogeneration plants, transferred to Ukrainian communities by the USAID Energy Security Project (ESP), have already been connected. The relevant statement was made by the USAID ESP on Facebook. “USAID has delivered 91 cogeneration plants to Ukraine. The total capacity is 56.5 megawatts. Eighteen plants have been connected, and the rest are…

Poland: first rocket reaches space on new eco-friendly fuel

PolandBy admin2024-07-08Leave a comment

A Polish rocket that uses a pioneering type of environmentally friendly fuel has reached space for the first time. Taking off from the Andoya base in Norway on July 3 and travelling at a speed of up to 1.4 km per second, the ILR-33 Ambert 2K rocket passed an altitude of 100 km, which marked…

Bulgaria: young Bulgarians and retired Europeans return to buy properties

BulgariaBy admin2024-07-08Leave a comment

The holiday property market along Bulgaria’s Black Sea coast is experiencing a shift away from its previous dominance by Russian buyers, now attracting a blend of younger Bulgarian professionals and retired Europeans. According to a comprehensive report by BTA, half of the buyers for seaside apartments are Bulgarians under 30, primarily from the IT sector,…

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