Lithuania has acquired advanced anti-tank land mines and artillery shells as part of efforts to strengthen its defence capabilities, the Defence Ministry reports. The mines, valued at more than 10 million euros, are designed to counter armoured vehicles. Ammunition depots have also been restocked with 155 mm artillery shells worth 520,000 euros. The shorter-range shells…
Bulgaria has experienced a growth in real estate transactions, with the Registry Agency reporting an increase of around 3%, according to real estate consultant Dobromir Ganev. In total, approximately 101,000 deeds were registered, though Ganev noted that the actual number of transactions is likely slightly higher. Sofia has seen particularly strong growth, with the volume…
The Government has allocated UAH 1.6 billion from the Fund for the Elimination of the Consequences of Armed Aggression to the Ministry for Communities and Territories Development of Ukraine. The funds will be directed to the eVidnovlennia programme. The funds will be distributed as follows: – Nearly UAH 1.3 billion for housing certificates to purchase…
Ukrainian Defense Minister Denys Shmyhal discussed the key stages of construction of an artillery shell production plant with Armin Papperger, CEO of Rheinmetall Group. Shmyhal announced this on Telegram. “I had a conversation with Armin Papperger, head of the Rheinmetall Group. He is our long-standing and important partner. We have exemplary cooperation in three areas:…
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…