Starting in October, Plovdiv Airport will offer a new direct flight to Milan, operated by Ryanair. The announcement was made during a joint press conference by Plovdiv Mayor Kostadin Dimitrov and Ryanair’s Director of Communications for Central and Eastern Europe Alicja Wojcik-Golebiowska. Mayor Dimitrov highlighted that this new route represented more than just improved travel…
Slovakia’s pension spending is rising sharply, with payouts far above the EU average when measured against household incomes, and the country faces one of the fastest-ageing populations in Europe, according to UniCredit Bank analyst Lubomir Korsnak. Data from the country’s Socialna poistovna (Social Insurance Agency) showed that total payments for old-age pensions – including early…
The Serbian oil company NIS, majority-owned by Russia’s Gazprom, has officially decided to exit the Bulgarian market. Its Board of Directors has approved the sale of its local subsidiary due to ongoing difficulties in downstream operations within Bulgaria. Specific details surrounding the deal remain undisclosed, pending further clarity. NIS currently operates 22 gas stations in…
The Verkhovna Rada has passed a critically important decision, amending the state budget to allocate an additional UAH 412 billion to the defence and security sector. Prime Minister Yulia Svyrydenko emphasised that this vote was a timely response to the new reality of full-scale war. “Following yet another massive russian attack, the vote in Verkhovna…
New Defense Minister Denys Shmyhal said that Ukraine could not allow weapons exports when the army did not receive what it needed. He said this in an interview with the BBC. Defense Minister Denys Shmyhal believes that the export of weapons produced by Ukrainian companies is unacceptable until the needs of the Ukrainian Armed Forces…
The Energy and Water Regulatory Commission (EWRC) has set the price of natural gas for August at 62.09 BGN (31.75 euros) per megawatt-hour (MWh), excluding access, transmission, excise and VAT charges. At this rate, Bulgargaz will supply gas to end users and to licensed producers and distributors of thermal energy, according to an official statement…
A significant portion of Bulgaria’s nearly 500,000 cash registers is not yet prepared to operate in euros, with only 35% currently set for the transition. As the August 8 deadline approaches, when all fiscal devices must be updated according to the Law on the Introduction of the Euro, many companies are asking for a postponement…