On March 28, Prime Minister of Ukraine Denys Shmyhal held the first online conversation with Chancellor of Austria Christian Stocker. The parties focused on support programmes for Ukraine, European integration, sanctions and economic cooperation between the two countries. Denys Shmyhal commended the active cooperation with Austrian businesses and their significant contribution to supporting the Ukrainian…
The real estate market in Bulgaria continues to show strong growth as housing prices in major cities rise in early 2025. According to data from Zimoti.com, both the demand for housing and favorable mortgage conditions are contributing to the increase in property prices, particularly in Sofia, Plovdiv and Burgas. In the first two months of…
Demand for cybersecurity specialists in Lithuania has surged following amendments to the country’s cybersecurity law, but the labour market is struggling to keep up. Since the beginning of the year, more than 800 cyber incidents have been recorded, according to the National Cyber Security Centre. The updated law, which took effect last autumn, requires organisations…
Bulgargaz has proposed a significant reduction in natural gas prices for April, with a decrease of 14.3% compared to the previous month. The company’s CEO Veselin Sinabov presented the proposal during an open session at the Energy and Water Regulatory Commission (EWRC). According to Sinabov, the anticipated price of natural gas for April is around…
In Lviv, carriers have initiated an increase in the cost of public transport in order to maintain the trend towards improving the provision of passenger transportation services in the community. Currently, the Lviv City Council Economic Development Department is analyzing the tariffs provided by carriers, only after that a decision will be made on the…
Minister of Energy of Ukraine German Galushchenko met with Director of the Energy Community Secretariat Artur Lorkowski. The head of the Ministry of Energy stressed that the Ukrainian energy sector managed to get through a difficult winter. This was made possible thanks to clearly defined priorities and effective cooperation with international partners. At the same…
Banks in Bulgaria have allocated a total of 400 million leva to prepare their systems for the transition to the euro, according to Petya Dimitrova, chairwoman of the Association of Commercial Banks. She highlighted the significant benefits that adopting the single currency would bring, including enhanced competitiveness, improved operational efficiency, better access to capital and…