The adoption of the euro is seen as a significant opportunity for Bulgaria to boost both tourism and investment, according to mayors and tourism experts. They argue that the country can attract more foreign visitors and investors if it acts quickly to present itself as a destination rich in historical landmarks, cultural events, and eco-friendly…
The Lithuanian government on August 13 approved a proposal to allocate an additional 461 million euros from borrowed funds for an advance payment for German Leopard tanks being purchased by Lithuania. The proposal made by the Finance Ministry followed a letter from the Defence Ministry in July, stating that the ministry is due to make…
The Bulgarian government is set to establish a centralized mechanism to create and promote a unified national tourism brand, aiming to strengthen the country’s image abroad. This initiative is outlined in the 2025 legislative program of the Council of Ministers. The Ministry of Tourism is tasked with forming the organizational structure for the new brand…
Following the announcement of a new route to Bucharest, Romania earlier in July, low-cost carrier Wizz Air has now confirmed it will introduce 12 additional regular routes from Bratislava Airport starting this winter season in November and December. The new destinations will include Plovdiv and Varna in Bulgaria, Athens in Greece, Naples, Lamezia Terme and…
The Ministry of Economy, Environment and Agriculture of Ukraine and the Ministry of Agriculture of the Republic of Latvia have signed a protocol on mutually beneficial cooperation in the fields of agriculture, food safety and rural development. The document, based on a previously concluded Memorandum of Understanding between the two countries, was signed by Ukraine’s…
On August 12, Taras Kachka, Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, Trade Representative of Ukraine, met with representatives of Ukrainian business, in particular the IT industry, to discuss the Government’s priorities in the field of digital transformation, harmonization of Ukrainian legislation with EU law and development of export potential. The meeting…
Among the nearly 2 million Bulgarians to whom the National Institute of Social Security (NISS) pays pension benefits, there are 16,000 who live abroad. The largest number of Bulgarian pensioners currently live in Germany – 4,100. And only one of compatriots of retirement age has settled in South Korea and Iceland. Meanwhile, 75,000 Bulgarians receive…