UK-based Revolut has become the largest bank in Lithuania in just five years, according to the country’s central bank. But the headline figure, which includes assets from customers outside Lithuania, does not necessarily reflect the full picture of competition in the domestic market. The digital bank’s rapid rise has added new momentum to a sector…
In Bulgaria, the majority of seaside properties are purchased by Bulgarian citizens, whether residing in the country or abroad, while foreign buyers make up a much smaller portion of the market, according to real estate data. The most active age group in the holiday property segment ranges from 35 to 45 years old. These buyers…
Since the beginning of 2025, businesses have secured approximately 17,600 concessional loans totalling UAH 52.8 billion. Of these, 363 loans worth UAH 710 million were issued last week. The most frequent borrowers are enterprises in manufacturing, agriculture and wholesale and retail trade, with a significant portion operating in high-risk war zones. Since the start of…
The Ministry of Economy, Environment and Agriculture of Ukraine has extended the deadline for submitting applications for state support for industrial parks. According to Ministry Order No. 247 dated August 15, applications for financial support can now be submitted to authorised banks until August 29. State support for industrial parks is a key component of…
The Confederation of Independent Trade Unions in Bulgaria (CITUB) has highlighted notable discrepancies between wholesale and retail prices, with markups on certain products reaching as high as 70%. The latest monthly monitoring of goods in the so-called small consumer basket shows that smaller retail outlets continue to offer slightly lower prices than large chains, with…
The chief veterinary officers from the Baltic States and Poland have called for EU legislation to be strictly adhered to when containing African swine fever, which is currently spreading in Estonia, saying it risks jeopardizing the credibility of the region and even the whole EU. Since June, more than 20,000 pigs have been culled in…
The Bulgarian canning industry is facing a critical moment, with experts warning that it could be approaching its end. Stoyko Kirovski, chairman of the Union of Fruit and Vegetable Processors, said that, unless urgent measures were taken, consumers might soon see store shelves filled with imported products such as pickles from India, roasted peppers from…