Bulgaria registered the second-largest increase in housing prices among EU member states in the first quarter of 2025, according to Eurostat. Residential property prices in the country surged by 15.1% YoY for the period, placing Bulgaria just behind Portugal, where the increase reached 16.3%. Since 2010, Bulgarian house prices have risen by a total of…
On July 4, in Copenhagen, Minister for Strategic Industries of Ukraine Herman Smetanin and Minister of Industry, Business and Financial Affairs of Denmark Morten Bodskov finalized agreements on cooperation in defense production between the two countries. The document signed by the two sides outlines specific steps to facilitate Ukrainian defense companies in setting up new…
The German-Ukrainian Defense Industry Session DFNC2: German Edition took place in Kyiv for the second time. The event was organized by the Ministry for Strategic Industries, the Ukrainian Council of Defense Industry and the Federation of German Industries (BDI). The main goal of the event was to bring together German and Ukrainian companies to strengthen…
The real estate market in Bulgaria in the first half of 2025 continues to evolve, with Sofia maintaining its status as the country’s most expensive city for property purchases. However, regional centers such as Varna, Plovdiv, Burgas and notably Ruse are showing the most significant growth in prices and buyer interest. Sofia leads in pricing,…
The Connecting Europe Facility (CEF) has allocated EUR 295.5 million for the construction of Rail Baltica, with EUR 47.1 million of that amount earmarked for Estonia. Of the additional funding allocated by Brussels, Latvia will receive EUR 153.5 million, Estonia EUR 47.1 million and Lithuania nearly EUR 94.9 million. Latvia’s Ministry of Transport stated that…
Wizz Air, recognized as the most environmentally sustainable airline across Europe, the Middle East and Africa, is expanding its route network with a new service connecting Varna and Milan Bergamo. The new flights will begin in mid-September and will run twice a week – every Tuesday and Saturday. Tickets are already available for booking through…
Estonia’s government on July 3 rejected an offer from the Latvian Ministry of Transport to purchase a EUR 14-million stake in Latvian airline airBaltic, Minister of Regional Affairs and Infrastructure Kuldar Leis (Reform) said. “We received an offer from the Latvian Ministry of Transport to acquire up to a 10% stake in airBaltic for EUR…