Real estate agents have reported a surge in property purchases by foreigners in Bulgaria’s resorts and major cities like Sofia, Plovdiv, Varna and Burgas. While resorts like Bansko and Sunny Beach have seen the most transactions by foreigners, Bulgarians remain the primary buyers across all mountain and seaside destinations. In urban areas, foreign buyers are…
The EU’s Solidarity Corridors have helped export Ukrainian goods to the European and global markets for two years and generated about EUR 50 billion in income for Ukraine’s economy. Transport Commissioner Adina Valean said this on the second anniversary of the creation of Solidarity Lanes – alternative logistics routes via rail, road and inland waterways.…
Ukrainian Energy Minister German Galushchenko has demonstrated to German Foreign Minister Annalena Baerbock the extent of the damage caused to Ukraine’s largest thermal power plant by Russia’s extensive missile strike. Galushchenko told Baerbock that Russia attacked the thermal power plant when Ukraine lacked air defense missiles and only six of the 11 targets were shot…
Starting from January 1, 2025, Bulgaria aims to raise its minimum wage to at least BGN 1,080 (EUR 552), a significant increase from the current BGN 933 (EUR 477). This announcement was made by Luboslav Kostov, Chief Economist of the Confederation of Independent Trade Unions of Bulgaria (CITUB), during a forum organized by trade unions…
Although the three Baltic countries are trying to follow the increasingly loud demand from the European Commission to initially focus solely on the main route of Rail Baltica, the project’s budget is rising to over EUR 15 billion. It could be cheaper, but this would require passengers to transfer trains to travel to Riga, and…
It is “likely” that Russia is involved in the fire that has recently destroyed Warsaw’s largest shopping centre, says Polish Prime Minister Donald Tusk. However, he added that investigations were still ongoing. At a press conference on May 21 afternoon, at which he was discussing the formation of a new commission to investigate Russian influence…
A total of 48,464 individual enterprises have been registered by Ukrainians in Poland over the past two years. The relevant statement was made by Diia.Business in Warsaw. “Over the past two years, Ukrainians have registered 48,464 individual enterprises in Poland. Prior to the beginning of the full-scale invasion, our compatriots used to set up about…