Over 70% of property transactions in Bulgaria over the last decade have been made in cash, according to recent statistical data. The market is seeing significant growth, with property prices rising by 6% since the start of 2025. Official statistics from the Bulgarian National Bank reveals that only 27 out of every 100 real estate…
Gren Eesti, the district heating provider in Tartu, will raise the price of heat by nearly 10% next month. The company says the price increase is necessary to cover operating expenses and investment costs. While the current sales price of heat for Tartu residents is EUR 58.97 per megawatt-hour, in a month it will rise…
Bulgaria’s upcoming adoption of the euro in 2026 is expected to significantly accelerate wage growth, according to economists familiar with the experiences of other countries that have already joined the eurozone. However, to ensure that this wage increase remains sustainable, it will need to align with labor productivity growth, as emphasized by Prof. Dr. Viktor…
The Government has endorsed a number of decisions to support citizens and communities. This was announced by Prime Minister of Ukraine Denys Shmyhal during a meeting of the Cabinet of Ministers on April 11. According to him, a resolution was approved to extend the supply of natural gas to district heating companies under the Public…
Ukrainian entrepreneurs continue to invest despite unprecedented challenges. Since the beginning of 2025, businesses operating in high military risk areas have secured loans worth over UAH 5 billion from banks under the Affordable Loans at 5-7-9% programme. “Ukrainian entrepreneurs are showing remarkable motivation: they aren’t waiting for “better times” but are investing in their businesses…
Ryanair has analyzed booking trends for the period of April 17-24, to determine the most favored Easter travel destinations for Bulgarian passengers. According to their findings, Italy tops the list with 25% of bookings, followed by the United Kingdom (19%) and Spain (12%). Italy continues to be a popular Easter destination, with Bulgarians taking advantage…
Public transport providers at the Estonia-Latvia border want to open two cross-border bus routes on a test basis, “Aktuaalne kaamera” reports. Estonia is footing the bill for the routes, at least initially. The routes would run from Parnu-Ikla (Estonia) to Ainazi (Latvia), and the short distance between Valga (Estonia) and Valka (Latvia), essentially one town.…